Investing for Tomorrow's Schools Act of 2014
Latest action · Nov 17, 2014 Referred to the Subcommittee on Workforce Protections.
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.
- IntroducedJul 30, 2014
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Investing for Tomorrow's Schools Act of 2014 - Authorizes the Secretary of the Treasury to enter into cooperative agreements with states to establish state and multistate infrastructure banks that make loans to local educational agencies, public libraries, and charter schools or their developers to construct or renovate public elementary or secondary schools and public libraries. Requires loans also to community learning centers to connect and improve broadband services.
Grants congressional consent to states for interstate compacts to establish multistate infrastructure banks.
Directs the Secretary to make grants to such banks to provide initial capital for such loans.
Requires states to contribute from nonfederal sources at least 25% of the amount of each federal capitalization grant made to the state and contributed to the bank.
Lists types of projects eligible for such bank loans.
Requires borrowers to use, to the maximum extent practicable, green construction or renovation practices that are consistent with: (1) Leadership in Energy and Environmental Design (LEED) green building rating standards, (2) Energy Star standards, (3) Collaborative for High Performance Schools (CHPS) criteria, (4) Green Building Initiative environmental design and rating standards (Green Globes), or (5) equivalent standards adopted by the entities that have jurisdiction over them.
Cosponsors 1
Members who signed on, in the order they did. All signed on Sep 11, 2014.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-VT | Peter Welch | Sep 11, 2014 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Education and Workforce Committee | Referred Jul 30, 2014 |
| Early Childhood, Elementary, and Secondary Education Subcommittee | Referred Nov 17, 2014 | |
| Workforce Protections Subcommittee | Referred Nov 17, 2014 |
Actions 4
Everything that happened, newest first.
- Nov 17, 2014Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
- Nov 17, 2014Referred to the Subcommittee on Workforce Protections.
- Jul 30, 2014Introduced in House
- Jul 30, 2014Referred to the House Committee on Education and the Workforce.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the page H7127.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To establish State infrastructure banks for education.
- Short Titles as Introduced
- Investing for Tomorrow's Schools Act of 2014
Subjects
Assigned by the Library of Congress. Policy area: Education.
- Alternative and renewable resources
- Building construction
- Education
- Education programs funding
- Educational facilities and institutions
- Educational technology and distance education
- Elementary and secondary education
- Energy efficiency and conservation
- Environmental technology
- Government lending and loan guarantees
- Government trust funds
- Hazardous wastes and toxic substances
- Infrastructure development
- Intergovernmental relations
- Labor standards
- Libraries and archives
- Noise pollution
- Public contracts and procurement
- Solid waste and recycling
- State and local finance
- Wages and earnings
- Water use and supply
Text 1
Each version as it was printed, newest first.
- Jul 30, 2014Introduced 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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
