On March 31, 2020, Representative Danny Davis (D-IL-7) introduced H.R. 6422 into the United States House of Representatives.   The bill is entitled, "The National Infrastructure Bank Act of 2020".  It is co-sponsored by Rep. Seth Moulton (D-MA-6).  

The bill has the following characteristics:

• It will be capitalized with $500 Bn in U.S. Treasury securities of 3 years or greater maturity
• The lending capacity of the Bank will be $4 Trillion
• Loans for projects will carry a maximum of 2% interest
• Credit will be extended only for infrastructure projects

A conservative estimate of the number of jobs created by these infrastructure projects is 25 Million.  

You can access a more complete summary of the bill on this website under Bullet Summary of the Bank.

A copy of the bill along with its current status can be accessed here:  H.R. 6422 National Infrastructure Bank Act of 2020 on Congress.gov