Federal Infrastructure Bank Act of 2025

This bill would create a new Federal Infrastructure Bank and a holding company to help finance U.S. infrastructure projects that can pay for themselves over time. The bank could offer equity investments, direct loans, and loan guarantees for planning, building, operating, and maintaining projects. At least 10% of its financing must go to rural areas.

Who could get support includes corporations, joint ventures, states, and other government entities. The bank may not fund any project owned or influenced by the Chinese government or the Chinese Communist Party. The Federal Reserve would oversee the bank and its holding company, and the bank must keep a guarantee fund to cover losses if borrowers don’t pay. The holding company could issue stock, pay dividends, and sell bonds. People who buy the holding company’s new stock within three years of its start could get a 10% tax credit on the amount they invest.

Key points

• Who is affected: corporations, joint ventures, states, and government entities; rural communities; investors who buy the holding company’s stock.
• What changes: a new federal bank to finance revenue-producing infrastructure; Federal Reserve oversight; a required guarantee fund; and limits on projects tied to the Chinese government. The holding company may issue stock and bonds and pay dividends.
• When: the 10% tax credit applies to equity issued within three years after the holding company is formed.