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    <number>1753</number>
    <updateDate>2023-01-11T13:30:07Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:30:07Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <type>S</type>
    <introducedDate>2015-07-13</introducedDate>
    <congress>114</congress>
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        <name>Finance Committee</name>
        <chamber>Senate</chamber>
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            <name>Referred to</name>
            <date>2015-07-13T22:33:37Z</date>
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      <item>
        <title>Rebuilding America's Schools Act</title>
        <congress>114</congress>
        <number>3046</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2015-07-13</actionDate>
          <text>Referred to the House Committee on Ways and Means.</text>
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        <actionDate>2015-07-13</actionDate>
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            <systemCode>ssfi00</systemCode>
            <name>Finance Committee</name>
          </item>
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        <sourceSystem>
          <name>Senate</name>
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        <text>Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5010)</text>
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        <actionDate>2015-07-13</actionDate>
        <text>Introduced in Senate</text>
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        <sourceSystem>
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          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>B000944</bioguideId>
        <fullName>Sen. Brown, Sherrod [D-OH]</fullName>
        <firstName>Sherrod</firstName>
        <lastName>Brown</lastName>
        <party>D</party>
        <state>OH</state>
        <isByRequest>N</isByRequest>
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    <policyArea>
      <name>Taxation</name>
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    <subjects>
      <legislativeSubjects>
        <item>
          <name>Building construction</name>
        </item>
        <item>
          <name>Educational facilities and institutions</name>
        </item>
        <item>
          <name>Elementary and secondary education</name>
        </item>
        <item>
          <name>Income tax credits</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
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        <actionDate>2015-07-13</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2015-09-24T14:27:40Z</updateDate>
        <text><![CDATA[ <p><strong>Rebuilding America's Schools Act</strong></p> <p>This bill amends the Internal Revenue Code, with respect to qualified zone academy bonds issued to finance public school facilities, to: (1) extend the&nbsp;national limitation amount for&nbsp;such bonds through calendar year 2014 and then increase such amount and make it permanent after calendar year 2014, (2) expand the enumerated purposes of such bonds to include the&nbsp;construction of public school facilities in a qualified zone academy, (3) lower the private business contribution requirement for such bonds from 10% to 5% of the proceeds of the bond issue, and (4) designate such bonds as specified tax credit bonds.</p>]]></text>
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    </summaries>
    <title>Rebuilding America's Schools Act</title>
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        <titleType>Display Title</titleType>
        <title>Rebuilding America's Schools Act</title>
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        <title>A bill to amend the Internal Revenue Code of 1986 to modify and permanently extend qualified zone academy bonds, and to treat such bonds as specified tax credit bonds.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
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        <title>Rebuilding America's Schools Act</title>
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        <type>Introduced in Senate</type>
        <date>2015-07-13T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-114s1753is/xml/BILLS-114s1753is.xml</url>
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    <latestAction>
      <actionDate>2015-07-13</actionDate>
      <text>Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5010)</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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