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HR 4945 109th Congress House

Expand and Rebuild America's Schools Act of 2006

Official title: To amend the Internal Revenue Code of 1986 to encourage new school construction through the creation of a new class of bond.

Introduced: March 14, 2006 See on congress.gov
Taxation Building constructionCharitable contributionsCommerceCommunity and school
More subjectsShow fewer subjects
Construction costsCorporate philanthropyEducationEducation of the disadvantagedEducational facilitiesEducational technologyElementary and secondary educationElementary educationEquipment and suppliesFinance and Financial SectorGovernment Operations and PoliticsIncome taxPublic-private partnershipsSchool buildingsSchool districts
This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 14, 2006
Referred to the House Committee on Ways and Means.
Mar 14, 2006
Sponsor introductory remarks on measure. (CR H941)
Mar 14, 2006
Introduced in House
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 Latest action March 14, 2006

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Expand and Rebuild America's Schools Act of 2006 - Amends the Internal Revenue Code to allow a nonrefundable tax credit to holders of school construction bonds. Sets forth requirements for issues of school construction bonds, including that: (1) 95% of the proceeds of such bonds must be used to construct new elementary and secondary school facilities and provide equipment for such schools; (2) local education agencies must require private business contributions of not less than 10% of the proceeds of an issue; and (3) bonds must be used for schools which meet specified criteria relating to curriculum, the alleviation of classroom overcrowding, and student-teacher ratios. Provides for a national school construction bond limitation of $400 million in 2007 and 2008.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4945: Expand and Rebuild America's Schools Act of 2006. 109th Congress. Open America. https://openamerica.io/bill/109-HR-4945/
MLA
"H.R. 4945: Expand and Rebuild America's Schools Act of 2006." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-4945/.
Bluebook (legal)
H.R. 4945, 109th Cong. (2026), https://openamerica.io/bill/109-HR-4945/.
Markdown link
[H.R. 4945: Expand and Rebuild America's Schools Act of 2006](https://openamerica.io/bill/109-HR-4945/)
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