WASHINGTON – U.S. Senators Roger Wicker, R-Miss., and Michael Bennet, D-Colo., have introduced the American Infrastructure Bonds Act. This bipartisan legislation would help state and local governments finance critical infrastructure projects. The 2021 Bipartisan Infrastructure Law provided much-needed funding, but many rural communities continue to struggle with high interest rates that delay crucial projects. The American Infrastructure Bonds Act would address this challenge by establishing a taxable, direct-pay bond program, expanding investment opportunities for infrastructure improvements nationwide.

“Local governments need flexibility to invest in the infrastructure their constituency needs, not be stifled by bureaucratic red tape. The American Infrastructure Bonds Act would establish a bond program to expand investment in infrastructure improvements nationwide. This legislation would help rural communities access affordable financing for the necessary infrastructure in their cities and towns,” said Senator Wicker.

“To build an economy that works for every Coloradan, we have to invest in 21st-century American infrastructure,” said Senator Bennet. “American Infrastructure Bonds are a proven, successful model to expand investments to help state and local leaders build stronger and more resilient communities.”

Click here for full text of the legislation.