HR 2394
112th Congress
House
Taxation
Building construction
Education of the disadvantaged
Educational facilities and institutions
Elementary and secondary education
Income tax credits
Securities
Rebuilding America's Schools Act
Introduced: June 24, 2011
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 24, 2011
Referred to the House Committee on Ways and Means.
Jun 24, 2011
Introduced in House
Plain-English 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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1