North Carolina 2025-2026 Regular Session

North Carolina House Bill H769 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1	1		GENERAL ASSEMBLY OF NORTH CAROLINA
2	2		SESSION 2025
3		-	H 1
4		-	HOUSE RESOLUTION 769
	3	+	H D
	4	+	HOUSE SIMPLE RESOLUTION DRHR10340 -MC-183
	5	+
5	6
6	7
7	8		Sponsors: Representative Willingham.
8		-	For a complete list of sponsors, refer to the North Carolina General Assembly web site.
9		-	Referred to: Rules, Calendar, and Operations of the House
10		-	April 7, 2025
11		-	H769 -v-1
	9	+	Referred
	10	+	to:
	11	+
	12	+
	13	+	DRHR10340 -MC-183
12	14		A HOUSE RESOLUTION URGING CONGRESS TO ENDORSE A NATIONAL 1
13	15		INFRASTRUCTURE BANK. 2
14	16		Whereas, the American Society of Civil Engineers (ASCE) stated in its 2021 report 3
15	17		card that the United States received a grade of C- regarding the current state of infrastructure, 4
16	18		and that six trillion dollars ($6,000,000,000,000) would be needed to restore the nation's 5
17	19		infrastructure to a state of good repair; and 6
18	20		Whereas, nearly three trillion dollars ($3,000,000,000,000) is currently not funded 7
19	21		and the remainder is inadequately funded; and 8
20	22		Whereas, new, twenty-first century projects are also unfunded; and 9
21	23		Whereas, according to ASCE, thirty-three percent (33%) of North Carolina roads are 10
22	24		in poor or fair condition and seven percent (7%) were structurally deficient in 2021; and 11
23	25		Whereas, according to the Department of Transportation, 1,150, or eight and 12
24	26		four-tenths percent (8.4%), of the State's bridges were considered in poor condition and it is 13
25	27		estimated that it will cost for repairs of these bridges four billion dollars ($4,000,000,000); and 14
26	28		Whereas, according to ASCE, North Carolina needs seventeen billion dollars 15
27	29		($17,000,000,000) to fund drinking water repairs and replacement, and five billion eight hundred 16
28	30		million dollars ($5,800,000,000) to fund wastewater systems; and 17
29	31		Whereas, North Carolina has over 370,000 lead water service lines needing 18
30	32		immediate replacement at a cost of at least four billion dollars ($4,000,000,000); and 19
31	33		Whereas, there is a shortage of at least 200,000 units of affordable housing for those 20
32	34		most housing insecure; and 21
33	35		Whereas, a new high-speed rail system from Atlanta to Washington, D.C., running 22
34	36		through North Carolina would transform travel in North Carolina; and 23
35	37		Whereas, Congress introduced H.R. 4052, The National Infrastructure Bank Act 24
36	38		(NIB), to create a new National Infrastructure Bank and to authorize five trillion dollars 25
37	39		($5,000,000,000,000) for the bank to invest in infrastructure projects only; and 26
38	40		Whereas, the NIB requires no new federal spending and no new federal taxes as it 27
39	41		would be capitalized by existing Treasury debt, as was done previously in this nation's history; 28
40	42		and 29
41	43		Whereas, the NIB is modeled on previous banks which helped build much of our 30
42	44		infrastructure under Presidents George Washington, James Madison, Abraham Lincoln, and 31
43	45		Franklin D. Roosevelt, the last of whom helped end the Great Depression and win World War II; 32
44	46		and 33
45	47		Whereas, the NIB will create 25,000,000 new high-wage jobs, and mandate Buy 34
46		-	America provisions, provide significant disbursements to disadvantaged business enterprises, 35 General Assembly Of North Carolina Session 2025
47		-	Page 2 House Resolution 769-First Edition
	48	+	America provisions, provide significant disbursements to disadvantaged business enterprises, 35
	49	+	H.R. 769
	50	+	Apr 3, 2025
	51	+	HOUSE PRINCIPAL CLERK General Assembly Of North Carolina Session 2025
	52	+	Page 2 DRHR10340-MC-183
48	53		mandate large-scale minority hiring, and, according to experts, grow the economy by five percent 1
49	54		(5%) per year, as did its predecessors; and 2
50	55		Whereas, the NIB will help finance all the infrastructure needs of North Carolina in 3
51	56		conjunction with regular budgets, will have financing to rebuild all of North Carolina from the 4
52	57		hurricane damage in 2024, will finance infrastructure projects and create jobs in rural and urban 5
53	58		communities, will finance all the bridge and road repairs, will fix all the drinking water systems, 6
54	59		will replace all lead water service lines quickly, will build all needed affordable housing units, 7
55	60		will install broadband everywhere, will finance all mass transit projects, and will build passenger 8
56	61		and high-speed rail lines; and 9
57	62		Whereas, many organizations have issued endorsements, including the National 10
58	63		Hispanic Caucus of State Legislators, the National Black Caucus of State Legislators, the 11
59	64		National Asian-Pacific American Caucus of State Legislators, NACO, NADO, the U.S. High 12
60	65		Speed Rail Association, the United Association of Plumbers and Steamfitters International 13
61	66		Union, and others, and 30 state legislatures have introduced or passed resolutions of support, as 14
62	67		have county and city councils; Now, therefore, 15
63	68		Be it resolved by the House of Representatives: 16
64	69		SECTION 1. The North Carolina House of Representatives hereby calls upon the 17
65	70		United States Congress to pass H.R. 4052, or its equivalent, to create a National Infrastructure 18
66	71		Bank to finance urgently needed infrastructure projects. 19
67	72		SECTION 2. Copies of this resolution shall be transmitted to the North Carolina 20
68	73		delegation to Congress, the Governor, and to the President of the United States. 21
69	74		SECTION 3. This resolution is effective upon adoption. 22