US HB2394 | 2011-2012 | 112th Congress
Status
Sponsorship: Partisan Bill (Democrat 9)
Status: Introduced on June 24 2011 - 25% progression, died in committee
Action: 2011-06-24 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 24 2011 - 25% progression, died in committee
Action: 2011-06-24 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Rebuilding America's Schools Act - Amends the Internal Revenue Code to: (1) extend through 2015 the qualified school construction bond program and the national limitation amounts for bonds issued under the qualified zone academy bond (QZAB) program, (2) allow the issuer of a QZAB to receive a direct payment in lieu of the tax credit for interest payments with respect to such bonds, (3) permit private entities to waive the 10% matching requirement for QZABs, and (4) permit QZAB proceeds to be used for constructing a public school facility in which such an academy is established.
Title
Rebuilding America's Schools Act
Sponsors
| Rep. Charles Rangel [D-NY] | Rep. Danny Davis [D-IL] | Rep. Raul Grijalva [D-AZ] | Rep. Sheila Jackson-Lee [D-TX] |
| Rep. Barbara Lee [D-CA] | Rep. Jared Polis [D-CO] | Rep. David Price [D-NC] | Rep. Maxine Waters [D-CA] |
| Rep. Frederica Wilson [D-FL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-06-24 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB796 (Related) 2011-04-12 - Read twice and referred to the Committee on Finance.
Subjects
Building construction
Education of the disadvantaged
Educational facilities and institutions
Elementary and secondary education
Income tax credits
Securities
Taxation
Education of the disadvantaged
Educational facilities and institutions
Elementary and secondary education
Income tax credits
Securities
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/2394/all-info |
| Text | https://www.congress.gov/112/bills/hr2394/BILLS-112hr2394ih.pdf |
