1. Short title This Act may be cited as the National Infrastructure Development Bank Act of 2017 . 2. Findings Congress finds the following: (1) Investment in infrastructure has always created jobs and economic growth for the United States and has been a key component of maintaining a global competitive edge for the United States. (2) The Erie Canal, the transcontinental railroad, the Hoover Dam, rural electrification, and the interstate highway system are all examples of investments in infrastructure that created the conditions for future economic growth. (3) According to the World Economic Forum Global Competitiveness Report, the United States ranks 11th overall in infrastructure. (4) According to the American Society of Civil Engineers, the current condition of the infrastructure in the United States earns a grade point average of D+, and an estimated $3,600,000,000,000 investment is needed by 2020 to meet adequate conditions. (5) The Environmental Protection Agency projects that— (A) $384,200,000,000 is needed to invest in infrastructure improvements over 20 years to ensure the provision of safe water