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S 1156 115th Congress Senate Taxation Building construction Educational facilities and institutions Elementary and secondary education Historic sites and heritage areas Income tax credits

School Infrastructure Modernization Act of 2017

Introduced: May 17, 2017 Introduced by: Kaine, Tim Democratic · Virginia See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 17, 2017
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3013-3014)
May 17, 2017
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now May 17, 2017

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3013-3014)

 Committees of jurisdiction 1