May 6, 2021- Both houses of the Nevada Legislature have now passed AJR7, with bi-partisan support, calling upon the US Congress to enact the National Infrastructure Bank Act of 2020.
The resolution states in part: " WHEREAS, It is estimated that: (1) the rehabilitation and future maintenance of Nevada’s most critical dams will cost up to $40,000,000; (2) Nevada’s drinking water infrastructure requires a total of $5.316 billion in needed funding over the next 20 years and $3.964 billion of that amount is required for large drinking water systems; and (3) the State faces a $450,000,000 backlog of road and bridge repairs, mostly due to needed repairs in rural areas; and"
"WHEREAS, A new National Infrastructure Bank would: (1) help finance much of the infrastructure of Nevada in partnership with the state and local governments; (2) support the hiring of people who have lost their jobs during the COVID-19 pandemic; (3) provide training for new infrastructure-related employment..."