WASHINGTON - A legislative proposal to establish a system of metropolitan infrastructure banks included in the $450 billion multi-year transportation bill making its way through the House is drawing questions about the banks' utility, whether they would be redundant, and if there would be a market for bonds issued to capitalize them.

The proposal is included in the 775-page bill drafted by House Transportation and Infrastructure Committee chairman James L. Oberstar, D-Minn., and approved last week by the highways and transit subcommittee.

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