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- H.R.4945
H.R.4945: Expand and Rebuild America's Schools Act of 2006
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced March 14, 2006
- Latest Major Action March 14, 2006
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
16 (16 Democrats, 1 Republican)
Bill Summary
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...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| March 14, 2006 |
Introduced in the House by Loretta Sánchez (D-Calif.) |