3.0.0 1862 2023-01-11T19:44:05Z 2023-01-11T19:44:05Z House H HR 2007-04-16 110 hswm00 Ways and Means Committee House Standing Referred to 2007-04-16T18:00:05Z 2007-04-16 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2007-04-16 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-04-16 Introduced in House IntroReferral 1000 9 Library of Congress S000030 Rep. Sanchez, Loretta [D-CA-47] LORETTA SANCHEZ D CA 47 N P000583 Rep. Paul, Ron [R-TX-14] RON PAUL R TX 14 2007-04-18 False Taxation Bonds Building construction Charitable contributions Commerce Community and school Construction costs Corporate philanthropy Education Education of the disadvantaged Educational facilities Educational technology Elementary and secondary education Elementary education Equipment and supplies Finance and Financial Sector Government Operations and Politics Income tax Public-private partnerships School buildings School districts Science, Technology, Communications Secondary education Social Welfare Tax credits Taxation

00 2007-04-16 Introduced in House 2007-05-07T19:36:09Z 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 business contributions of not less than 10% of the proceeds of an issue; and (3) bonds must be used for schools which meet specified criteria relating to curriculum, the alleviation of classroom overcrowding, and student-teacher ratios. Provides for a national school construction bond limitation of $400 million in 2008 and 2009.

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Official Title as Introduced Introduced in House IH Display Title Short Titles as Introduced Introduced in House 2007-04-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr1862ih/xml/BILLS-110hr1862ih.xml 2007-04-16 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.