H.R.2695: Expand and Rebuild America's Schools Act of 1997

About This Bill

Bill Summary

Expand and Rebuild America's Schools Act of 1997 - Amends the Internal Revenue Code to allow a limited credit to eligible taxpayers holding school construction bonds. Defines such bonds. Establishes a private business contribution requirement for bond issuers. Defines as eligible taxpayers certain banks, insurance companies, and corporations. Sets a national school construction bond limit.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure.
Sponsor introductory remarks on measure.
Oct. 22, 1997

Introduced in the House by Loretta Sánchez (D-Calif.)

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