On 22 March 2017, U.S. Representative John K. Delaney (D-MD) announced the filing of two infrastructure bills, the Partnership to Build America Act and the Infrastructure 2.0 Act.
The Partnership to Build America Act would create the American Infrastructure Fund (AIF) to provide financing to state and local governments for new infrastructure. The AIF would be funded by a bond sale where U.S. companies would be allowed to repatriate a certain amount of overseas earnings tax free for every do…