Florida 2023 Regular Session

Florida House Bill H0803 Compare Versions

Only one version of the bill is available at this time.

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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
11	11	R E P R E S E N T A T I V E S
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13	13	House Memorial 1
14	14	A memorial to the Congress of the United States, 2
15	15	requesting Congress to pass the National 3
16	16	Infrastructure Bank Act to finance urgently needed 4
17	17	infrastructure projects. 5
18	18	6
19	19	WHEREAS, the American Society of Civil Engineers gave the 7
20	20	United States a grade of C - in its 2021 Report Card for 8
21	21	America's Infrastructure and projected that more than $6.1 9
22	22	trillion would be needed through 2029 to restore the nation's 10
23	23	infrastructure to a state of good repair, yet less than half of 11
24	24	that amount is currently funded and the remainder is 12
25	25	inadequately funded, and 13
26	26	WHEREAS, new 21st century projects are also unfunded, and 14
27	27	WHEREAS, 13 percent of Florida's roads are in poor 15
28	28	condition, costing d rivers in Florida roughly $425 per year to 16
29	29	drive in the state, and 15 percent of Florida's bridges are at 17
30	30	least 50 years old and 2.9 percent are rated structurally 18
31	31	deficient, and 19
32	32	WHEREAS, Florida has serious water infrastructure issues, 20
33	33	and the state's drinking water needs total an estimated $21.9 21
34	34	billion, wastewater needs are estimated to total $18.4 billion, 22
35	35	and stormwater management needs are estimated to be $1.1 23
36	36	billion, and 24 
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38	38	HM 803 2023
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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
46	46	R E P R E S E N T A T I V E S
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48	48	WHEREAS, the National Low Income Housing Coalition reports 25
49	49	a shortage of 411,846 affordable rental homes available for 26
50	50	extremely low-income renters, and Florida International 27
51	51	University in its reports titled "Miami's Housing Affordability 28
52	52	Crisis" has documented that 6 in 10 employed adult residents of 29
53	53	Greater Miami spend more than 30 percent of their incomes on 30
54	54	housing, which is the highest rate of any large metro area in 31
55	55	the nation, and 32
56	56	WHEREAS, the National Infrastructure Bank Act would require 33
57	57	no new federal spending and no new federal taxes and would be 34
58	58	capitalized by repurposi ng existing Treasury debt, as was done 35
59	59	previously in this country's history, and 36
60	60	WHEREAS, the National Infrastructure Bank Act would help 37
61	61	finance Florida's infrastructure in partnership with the state, 38
62	62	county, and other local governments, and 39
63	63	WHEREAS, the National Infrastructure Bank Act would build 40
64	64	infrastructure, create jobs in rural and urban communities, end 41
65	65	poverty, bring broadband connectivity into every corner of the 42
66	66	state regardless of cost, fix all roads not covered by Congress, 43
67	67	and would finance new rail lines, including high -speed rail, 44
68	68	connecting Florida both north -south and east-west to the 45
69	69	southeast and beyond, an 46
70	70	WHEREAS, the National Infrastructure Bank Act would further 47
71	71	develop Florida's ports, build 7 million affordable housing 48
72	72	units in the nation, including in Florida, and hire and train 49 
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74	74	HM 803 2023
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81	81	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
82	82	R E P R E S E N T A T I V E S
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84	84	people who lost their jobs during the COVID -19 pandemic and 50
85	85	employ them in high-paying jobs to build necessary 51
86	86	infrastructure, and 52
87	87	WHEREAS, the National Infrastructure Bank is modeled on 53
88	88	previous banks that helped build much of this nation's 54
89	89	infrastructure under Presidents George Washington, James 55
90	90	Madison, Abraham Lincoln, and Franklin D. Roosevelt, the last 56
91	91	president who helped bring this country out of the Depression 57
92	92	and win World War II, and 58
93	93	WHEREAS, the National Infrastructure Bank Act would create 59
94	94	25 million new jobs, mandate large -scale minority hiring, pay 60
95	95	Davis-Bacon wages, include Buy American provisions, and provide 61
96	96	disadvantaged business enterprises with significant 62
97	97	disbursements, and 63
98	98	WHEREAS, according to experts, the National Infrastructure 64
99	99	Bank Act would grow the economy by 5 percent per year as did its 65
100	100	predecessors, and 66
101	101	WHEREAS, in Florida, several county and city councils and 67
102	102	planning organizations have come out in favor of the Nationa l 68
103	103	Infrastructure Bank Act, including the Alachua Board of County 69
104	104	Commissioners, the Gainesville City Commission, the Northern 70
105	105	Central Florida Regional Planning Council, and the Miami -Dade 71
106	106	Counties Transportation Planning Organization, and 72
107	107	WHEREAS, national organizations have also passed 73
108	108	resolutions endorsing the National Infrastructure Bank Act, 74 
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117	117	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
118	118	R E P R E S E N T A T I V E S
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120	120	including the Public Banking Institute, the National Congress of 75
121	121	Black Women, the National Association of Counties, the US High 76
122	122	Speed Rail Association, the Nationa l Latino Farmers and 77
123	123	Ranchers, the American Sustainable Business Council, the 78
124	124	National Association of Minority Contractors, the National 79
125	125	Federation of Federal Employees, as well as many community and 80
126	126	labor organizations, NOW, THEREFORE, 81
127	127	82
128	128	Be It Resolved by the House of Representatives of the State of 83
129	129	Florida: 84
130	130	85
131	131	That the United States Congress is requested to pass the 86
132	132	National Infrastructure Bank Act, creating a National 87
133	133	Infrastructure Bank to finance urgently needed infrastructure 88
134	134	projects. 89
135	135	BE IT FURTHER RESOLVED that copies of this memorial be 90
136	136	presented to the President of the United States, to the 91
137	137	President of the United States Senate, to the Speaker of the 92
138	138	United States House of Representatives, and to each member of 93
139	139	the Florida delegation to the United States Congress. 94