Congressman Steven Horsford Pushes for Equitable Infrastructure Investments in Ways and Means Committee Hearing
WASHINGTON, D.C. — Yesterday, Congressman Steven Horsford joined the House Ways and Means Committee for a hearing to discuss the importance of equitable infrastructure investment to create jobs and provide opportunities for Nevada's hard-working families.
"As Congress considers infrastructure packages to recover and rebuild from the pandemic, we must prioritize the creation of good-paying jobs for the workers who have been hardest hit," said Congressman Steven Horsford. "During yesterday's hearing, I was proud to highlight Nevada Treasurer Conine and Governor Sisolak's work to create the Nevada Infrastructure Bank, which will accelerate investment in shovel-worthy projects that meet the needs of the communities who can most benefit."
Governor Steve Sisolak has projected that Nevada will launch up to $200 million in new infrastructure investments by the end of 2021, with $1 billion in new infrastructure investments over the next five years. The current proposal is anticipating the creation of over 16,000 construction jobs by the end of 2023. By 2031, this proposal will create 30,000 good-paying jobs for Nevadans.
In the hearing, Congressman Horsford engaged with expert witnesses about job creation tools, including the historic rehabilitation tax credit and private activity bonds.
The full video of Congressman Horsford's remarks can be viewed here.
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