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- H.R.1862
H.R.1862: Expand and Rebuild America's Schools Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced April 16, 2007
- Latest Major Action April 16, 2007
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Expand and Rebuild America's Schools Act of 2007 - 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 |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| April 16, 2007 |
Introduced in the House by Loretta Sánchez (D-Calif.) |