Urges Congress to establish national infrastructure bank.

This New Jersey Assembly resolution urges the U.S. Congress to pass legislation creating a national infrastructure bank to address the need for repairing and modernizing critical systems like roads, bridges, and energy grids. The bill specifically recommends adopting House Resolution 5356, which would establish a government-owned entity that generates capital by trading U.S. Treasury bonds for preferred stock to fund large-scale infrastructure projects. While the resolution highlights the state's specific infrastructure challenges, its primary function is to formally request federal action rather than to enact new laws within New Jersey itself. Copies of the resolution are to be sent to federal leaders and representatives to advocate for the establishment of this funding mechanism.