US HB2394 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 9-0)
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.

Tracking Information

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Title

Rebuilding America's Schools Act

Sponsors


History

DateChamberAction
2011-06-24HouseReferred 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


US Congress State Sources


Bill Comments

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