Expand and Rebuild America's Schools Act of 2006
Latest action · Mar 14, 2006 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 14, 2006
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
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 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 2007 and 2008.
Cosponsors 16
Members who signed on, in the order they did. Signatures ran from Mar 14, 2006 to May 17, 2006, with 14 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Barbara Lee | Original | Mar 14, 2006 |
| D-CA | Brad Sherman | Original | Mar 14, 2006 |
| D-FL | Corrine Brown | Original | Mar 14, 2006 |
| D-GA | Cynthia A. McKinney | Original | Mar 14, 2006 |
| D-OH | Dennis J. Kucinich | Original | Mar 14, 2006 |
| D-VI | Donna M. Christensen | Original | Mar 14, 2006 |
| D-HI | Ed Case | Original | Mar 14, 2006 |
| D-CA | Juanita Millender-McDonald | Original | Mar 14, 2006 |
| D-CA | Lucille Roybal-Allard | Original | Mar 14, 2006 |
| D-NY | Major R. Owens | Original | Mar 14, 2006 |
| D-CA | Michael M. Honda | Original | Mar 14, 2006 |
| D-VA | Rick Boucher | Original | Mar 14, 2006 |
| R-TX | Ron Paul | Original | Mar 14, 2006 |
| D-TX | Sheila Jackson Lee | Original | Mar 14, 2006 |
| D-IL | Lane Evans | Mar 16, 2006 |
Actions 3
Everything that happened, newest first.
- Mar 14, 2006Introduced in House
- Mar 14, 2006Referred to the House Committee on Ways and Means.
- Mar 14, 2006Sponsor introductory remarks on measure. (CR H941)
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- 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
- Tax-exempt securities
- Taxation
Text 1
Each version as it was printed, newest first.
- Mar 14, 2006Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.