Federal Infrastructure Bank Act of 2025This bill establishes the Federal Infrastructure Bank and the Federal Infrastructure Bank Holding Company (FIBHC). The bank shall be a wholly owned subsidiary of the FIBHC.The bank must provide equity investments, direct loans, and loan guarantees for the planning, predevelopment, design, construction, operation, or maintenance of revenue-producing infrastructure projects in the United States with sufficient revenue sources and guarantees to support the interest and principal payments to the bank. At least 10% of the loans, equity investments, and loan guarantees must be for infrastructure projects in rural areas.Entities eligible for loans, equity investments, and loan guarantees include corporations, joint ventures, states, and governmental entities. The bank is prohibited from providing funding for infrastructure projects that are owned, directed, controlled, financed, or influenced by the Chinese government or the Chinese Communist Party.The Board of Governors of the Federal Reserve System shall have oversight and supervisory authority over the FIBHC and the bank. The bank must establish an Infrastructure Guarantee Fund to cover loans and loan guarantees in the event of nonpayment by loan recipients.The FIBHC may issue equity securities, make dividend payments on the securities, and issue bonds. The bill provides for a tax credit in an amount equal to 10% of the amount a taxpayer paid to the FIBHC for an equity investment issued within three years of the formation of the FIBHC.
Sgt. Isaac Woodard, Jr. and Sgt. Joseph H. Maddox GI Bill Restoration Act of 2025This bill expands eligibility for Post-9/11 GI bill benefits and the Department of Veterans Affairs (VA) home loan program by updating terminology related to certain Black veterans. Specifically, the bill explicitly includes the following individuals as eligible veterans under the programs:Black veterans who served on active duty during World War II and can certify they were denied a specific benefit on the basis of race; andthe living surviving spouses, children, grandchildren, or other direct descendants of such veterans described above who can certify the veteran was denied a specific benefit on the basis of race.Eligible veterans must apply for educational or home loan benefits within the five-year period after the bill is enacted.The Government Accountability Office must report on the number of individuals who received VA educational or housing loan benefits due to the amendments made by the bill and the total value of such benefits.Finally, the VA must appoint a panel of independent experts to develop recommendations regarding additional benefits and assistance for female and minority members of the Armed Forces.