HR 2470 110th Congress House Taxation Bonds Building construction Commerce Construction costs Construction industries Construction workers Depressed areas Economics and Public Finance Education Elementary and secondary education Elementary education Employee selection Enterprise zones Finance and Financial Sector Government Operations and Politics Government contractors Income tax Investments Labor and Employment

America's Better Classrooms Act of 2007

Introduced: May 24, 2007 See on congress.gov

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 24, 2007

Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.

May 24, 2007

Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

May 24, 2007

Introduced in House

Plain-English summary Congressional Research Service

America's Better Classrooms Act of 2007 - Amends the Internal Revenue Code to allow a tax credit for investment in qualified public school modernization bonds, defined to include: (1) bonds for the construction, rehabilitation, or repair of a public school facility or for the acquisition of land for such facility (qualified school construction bonds); and (2) bonds to finance certain academic programs below the postsecondary level in empowerment zones or enterprise communities (qualified zone academy bonds). Establishes a national limitation on the issuance of such bonds and provides for the allocation of bond amounts among the states according to a specified formula. Terminates the authority for issuance of such bonds after 2009.

Amends the General Education Provisions Act to apply certain labor standards to public school construction projects financed by this Act.

Amends the Workforce Investment Act of 1998 to require states to establish employment and training programs relating to the construction or reconstruction of public school facilities.

What's happening now July 24, 2007

Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.

Committees of jurisdiction 3