S 1454
106th Congress
Senate
Public School Modernization and Overcrowding Relief Act of 1999
Official title: A bill to amend the Internal Revenue Code of 1986 to expand the incentives for the construction and renovation of public schools and to provide tax incentives … Show full official titleShow less
Official title: A bill to amend the Internal Revenue Code of 1986 to expand the incentives for the construction and renovation of public schools and to provide tax incentives for corporations to participate in cooperative agreements with public schools in distressed areas.
Taxation
Agriculture and FoodBuilding constructionBusiness and social problemsBusiness income tax
More subjectsShow fewer subjects
CommerceCommunity and schoolConstruction costsCorporate philanthropyCurriculum planningDepressed areasDropout preventionEconomics and Public FinanceEducationEducation of disadvantaged childrenEducational planningEducational technologyElementary and secondary educationElementary schoolsEnterprise zonesFamiliesFinance and Financial SectorGovernment Operations and PoliticsGovernment paperworkHigh schoolsHigher educationIncome taxIndian educationInformation disclosure (Securities law)InterestLabor and EmploymentLand transfersMaintenance and repairMentoringMinoritiesPersonal income taxPublic Lands and Natural ResourcesPublic schoolsSchool buildingsSchool districtsSchool lunch programSchool planningScience, Technology, CommunicationsSecondary educationSocial WelfareSurveysTax creditsTax returnsTax-exempt securitiesTeacher educationUrban affairsVolunteer workers in education
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 28, 1999
Read twice and referred to the Committee on Finance.
Jul 28, 1999
Sponsor introductory remarks on measure. (CR S9545)
Jul 28, 1999
Introduced in Senate
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Latest action
Read twice and referred to the Committee on Finance.
Plain-English summary
Public School Modernization and Overcrowding Relief Act of 1999 - Amends the Internal Revenue Code to: (1) provide a limited credit for qualified public school modernization bonds; (2) provide for qualified school construction bonds and qualified zone academy bonds and establish limits and allocation formulas for such bonds; (3) provide for the treatment of qualified public educational facility bonds as exempt facility bonds; (4) increase the amount by which certain governmental bonds used to finance public school capital expenditures may be exempted from specified arbitrage bond provisions; (5) revise provisions concerning advance refundings of bonds.
Bill text
1 version
- Introduced in Senate Formatted Text PDF
Committees of jurisdiction
1
Cosponsors
3
Cite this page
U.S. Congress. (2026). S. 1454: Public School Modernization and Overcrowding Relief Act of 1999. 106th Congress. Open America. https://openamerica.io/bill/106-S-1454/
"S. 1454: Public School Modernization and Overcrowding Relief Act of 1999." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-S-1454/.
S. 1454, 106th Cong. (2026), https://openamerica.io/bill/106-S-1454/.
[S. 1454: Public School Modernization and Overcrowding Relief Act of 1999](https://openamerica.io/bill/106-S-1454/)