Michigan State Senate Resolution 77 has now been introduced, with bi-partisan support, calling upon the US Congress to create a National Infrastructure Bank by adopting HR3339.

    The resolution cites multiple conditions in Michigan which necessitate the creation of the $5 Trillion bank. This includes the following:

Whereas, The Detroit public schools are in a state of dilapidated repair and will cost at least $1-1.5 billion to repair. There are inoperable boilers, corroded plumbing fixtures, exterior walls with cracks, roof leaks, and electrical panels in classrooms known to be fire hazards. Capital needs exist in at least 100 schools. As of September 2018, elevated levels of copper and lead were confirmed in 57 of 86 schools tested; and

Whereas, Housing insecurity in Michigan predates the pandemic.  The shortage of rental homes which are affordable and available for low income renters is 204,7238. In 2019, more than 10,000 Detroiters experienced homelessness, including 2,326 who were chronically homeless. COVID-19 worsened the situation. In January 2021, more than 3,500 Detroiters requested rental payment assistance from Michigan; and

Whereas, Congress introduced HR 3339, The National Infrastructure Bank Act...