US SB1156 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on May 17 2017 - 25% progression, died in committee
Action: 2017-05-17 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3013-3014)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 17 2017 - 25% progression, died in committee
Action: 2017-05-17 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3013-3014)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
School Infrastructure Modernization Act of 2017 This bill amends the Internal Revenue Code to allow rehabilitation expenditures for any building which is a qualified public educational facility to qualify for the rehabilitation tax credit. A "qualified public educational facility" is a school facility which is part of a public elementary or secondary school and is owned by a private, for-profit corporation pursuant to a public-private partnership agreement with a state or local educational agency.
Title
School Infrastructure Modernization Act of 2017
Sponsors
Sen. Tim Kaine [D-VA] | Sen. Mark Warner [D-VA] |
History
Date | Chamber | Action |
---|---|---|
2017-05-17 | Senate | Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3013-3014) |
Same As/Similar To
HB922 (Related) 2017-02-07 - Referred to the House Committee on Ways and Means.
Subjects
Building construction
Educational facilities and institutions
Elementary and secondary education
Historic sites and heritage areas
Income tax credits
Taxation
Educational facilities and institutions
Elementary and secondary education
Historic sites and heritage areas
Income tax credits
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/senate-bill/1156/all-info |
Text | https://www.congress.gov/115/bills/s1156/BILLS-115s1156is.pdf |