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3 | 3 | | HM 245 2022 |
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9 | 9 | | Page 1 of 4 |
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10 | 10 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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12 | 12 | | House Memorial 1 |
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13 | 13 | | A memorial to the Congress of the United States, 2 |
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14 | 14 | | requesting Congress to pass House Resolution 3339, 3 |
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15 | 15 | | creating a National Infrastructure Bank to finance 4 |
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16 | 16 | | urgently needed infrastructure projects. 5 |
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17 | 17 | | 6 |
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18 | 18 | | WHEREAS, the American Society of Civil Engineers gave the 7 |
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19 | 19 | | United States a grade of C - in its America's Infrastructure 8 |
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20 | 20 | | Report Card 2021 and reported that more than $4.5 trillion would 9 |
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21 | 21 | | be needed to restore the nation's infrastr ucture to a state of 10 |
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22 | 22 | | good repair, yet less than half of that amount is currently 11 |
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23 | 23 | | funded and the remainder is inadequately funded, and 12 |
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24 | 24 | | WHEREAS, new 21st century projects are also unfunded, and 13 |
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25 | 25 | | WHEREAS, 13 percent of Florida's roads are in poor 14 |
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26 | 26 | | condition, costing drivers in Florida roughly $425 per year to 15 |
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27 | 27 | | drive in the state, and 15 percent of Florida's bridges are at 16 |
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28 | 28 | | least 50 years old and 2.9 percent are rated structurally 17 |
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29 | 29 | | deficient, and 18 |
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30 | 30 | | WHEREAS, Florida has serious water infrastructure issues 19 |
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31 | 31 | | and the state's drinking water needs total an estimated $21.9 20 |
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32 | 32 | | billion, wastewater needs are estimated to total $18.4 billion, 21 |
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33 | 33 | | and stormwater management needs are estimated to be $1.1 22 |
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34 | 34 | | billion, and 23 |
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35 | 35 | | WHEREAS, the National Low Income Housing Coalition reports 24 |
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36 | 36 | | a shortage of 384,743 affordable rental homes available for 25 |
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45 | 45 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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47 | 47 | | extremely low-income renters, and Florida International 26 |
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48 | 48 | | University in its reports titled "Miami's Housing Affordability 27 |
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49 | 49 | | Crisis" has documented that six in 10 employed adult residents 28 |
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50 | 50 | | of Greater Miami spend more than 30 percent of their incomes on 29 |
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51 | 51 | | housing, which is the highest rate of any large metro area in 30 |
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52 | 52 | | the nation, and 31 |
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53 | 53 | | WHEREAS, on May 19, 2021, Congress introduced House 32 |
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54 | 54 | | Resolution 3339 (HR 3339), the National Infrastructure Bank Act 33 |
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55 | 55 | | of 2021, which will create a new $5 trillion national 34 |
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56 | 56 | | infrastructure bank to invest in infrastructure projects, and 35 |
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57 | 57 | | WHEREAS, the National Infrastructure Bank Act of 2021 would 36 |
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58 | 58 | | require no new federal spending and no new federal taxes and 37 |
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59 | 59 | | would be capitalized by repurposing e xisting Treasury debt, as 38 |
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60 | 60 | | was done previously in this country's history, and 39 |
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61 | 61 | | WHEREAS, the National Infrastructure Bank Act of 2021 would 40 |
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62 | 62 | | help finance Florida's infrastructure in partnership with the 41 |
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63 | 63 | | state, county, and other local governments, and 42 |
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64 | 64 | | WHEREAS, the National Infrastructure Bank Act of 2021 would 43 |
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65 | 65 | | build infrastructure, create jobs in rural and urban 44 |
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66 | 66 | | communities, end poverty, bring broadband connectivity into 45 |
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67 | 67 | | every corner of the state regardless of cost, fix all roads not 46 |
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68 | 68 | | covered by Congress, and w ould finance new rail lines, including 47 |
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69 | 69 | | high speed rail, connecting Florida both north -south and east-48 |
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70 | 70 | | west to the southeast and beyond, and 49 |
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79 | 79 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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81 | 81 | | WHEREAS, the National Infrastructure Bank Act of 2021 would 50 |
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82 | 82 | | further develop Florida's ports, build 7 million afford able 51 |
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83 | 83 | | housing units in the nation, including in Florida, and hire and 52 |
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84 | 84 | | train people who lost their jobs during the COVID -19 pandemic 53 |
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85 | 85 | | and employ them in high -paying jobs to build necessary 54 |
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86 | 86 | | infrastructure, and 55 |
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87 | 87 | | WHEREAS, the National Infrastructure Bank is mode led on 56 |
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88 | 88 | | previous banks that helped build much of this nation's 57 |
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89 | 89 | | infrastructure under Presidents George Washington, James 58 |
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90 | 90 | | Madison, Abraham Lincoln, and Franklin D. Roosevelt, the last 59 |
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91 | 91 | | president who helped bring this country out of the Depression 60 |
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92 | 92 | | and win World War II, and 61 |
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93 | 93 | | WHEREAS, the National Infrastructure Bank Act of 2021 would 62 |
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94 | 94 | | create 25 million new jobs, mandate large -scale minority hiring, 63 |
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95 | 95 | | pay Davis-Bacon wages, include Buy American provisions, and 64 |
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96 | 96 | | provide disadvantaged business enterprises with signific ant 65 |
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97 | 97 | | disbursements, and 66 |
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98 | 98 | | WHEREAS, according to experts, the National Infrastructure 67 |
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99 | 99 | | Bank Act of 2021 would grow the economy by 5 percent per year as 68 |
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100 | 100 | | did its predecessors, and 69 |
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101 | 101 | | WHEREAS, 21 state legislatures have introduced or passed 70 |
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102 | 102 | | resolutions in support o f HR 3339, as have county and city 71 |
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103 | 103 | | councils, including the Alachua Board of County Commissioners, 72 |
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104 | 104 | | the Gainesville City Commission, and the Northern Central 73 |
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105 | 105 | | Florida Regional Planning Council, and 74 |
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114 | 114 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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116 | 116 | | WHEREAS, national organizations have also passed 75 |
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117 | 117 | | resolutions endorsing HR 3339, including the Public Banking 76 |
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118 | 118 | | Institute, the National Congress of Black Women, the National 77 |
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119 | 119 | | Association of Counties, the US High Speed Rail Association, the 78 |
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120 | 120 | | National Latino Farmers and Ranchers, the American Sustainable 79 |
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121 | 121 | | Business Council, the National Association of Minority 80 |
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122 | 122 | | Contractors, the National Federation of Federal Employees, as 81 |
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123 | 123 | | well as many community and labor organizations, NOW, THEREFORE, 82 |
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124 | 124 | | 83 |
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125 | 125 | | Be It Resolved by the House of Representatives of the State of 84 |
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126 | 126 | | Florida: 85 |
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127 | 127 | | 86 |
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128 | 128 | | That the United States Congress is requested to pass House 87 |
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129 | 129 | | Resolution 3339, the National Infrastructure Bank Act of 2021, 88 |
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130 | 130 | | creating a National Infrastructure Bank to finance urgently 89 |
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131 | 131 | | needed infrastructure projects. 90 |
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132 | 132 | | BE IT FURTHER RESOLVED that copies of this memorial be 91 |
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133 | 133 | | presented to the President of the United States, to the 92 |
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134 | 134 | | President of the United States Senate, to the Speaker of the 93 |
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135 | 135 | | United States House of Representatives, and to each member of 94 |
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136 | 136 | | the Florida delegation to the United States Congress. 95 |
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