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United States · Bill · HR

H.R. 3320 (105th)

Public School Modernization Act of 1998

referredUnited States· United States Congress· EN

Introduced

4 March 1998

Last action

4 March 1998 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Rangel, Charles B. [D-NY-15], Rep. Stark, Fortney Pete [D-CA-13], Rep. Matsui, Robert T. [D-CA-5], Rep. Kennelly, Barbara B. [D-CT-1], Rep. Coyne, William J. [D-PA-14], Rep. Levin, Sander M. [D-MI-12], Sen. Cardin, Benjamin L. [D-MD], Rep. McDermott, Jim [D-WA-7], Rep. Lewis, John [D-GA-5], Rep. Neal, Richard E. [D-MA-1], Rep. McNulty, Michael R. [D-NY-23], Rep. Jefferson, William J. [D-LA-2], Rep. Becerra, Xavier [D-CA-34], Rep. Thurman, Karen L. [D-FL-5], Rep. Lowey, Nita M. [D-NY-17], Rep. Gephardt, Richard A. [D-MO-3], Rep. Bonior, David E. [D-MI-10], Rep. Yates, Sidney R. [D-IL-9], Rep. Conyers, John, Jr. [D-MI-13], Rep. Murtha, John P. [D-PA-12], Rep. Hefner, W. G. (Bill) [D-NC-8], Rep. Waxman, Henry A. [D-CA-33], Rep. Frost, Martin [D-TX-24], Rep. Gejdenson, Sam [D-CT-2], Sen. Schumer, Charles E. [D-NY], Rep. Boucher, Rick [D-VA-9], Rep. Evans, Lane [D-IL-17], Rep. Owens, Major R. [D-NY-11], Rep. Ackerman, Gary L. [D-NY-5], Rep. Kennedy, Joseph P., II [D-MA-8], Rep. Sawyer, Tom [D-OH-14], Rep. Pelosi, Nancy [D-CA-11], Del. Faleomavaega, Eni F. H. [D-AS-At Large], Rep. Andrews, Robert E. [D-NJ-1], Rep. Abercrombie, Neil [D-HI-1], Rep. DeLauro, Rosa L. [D-CT-3], Rep. Dooley, Calvin M. [D-CA-20], Rep. Edwards, Chet [D-TX-17], Sen. Sanders, Bernard [I-VT], Rep. Olver, John W. [D-MA-1], Rep. Filner, Bob [D-CA-51], Rep. Green, Gene [D-TX-29], Rep. Hilliard, Earl F. [D-AL-7], Rep. Hinchey, Maurice D. [D-NY-22], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Meehan, Martin T. [D-MA-5], Rep. Rush, Bobby L. [D-IL-1], Del. Underwood, Robert A. [D-GU-At Large]

Subjects

Taxation, Education

Source updated

21 August 2025

Taxation · Education

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Summary

Public School Modernization Act of 1998 - Amends the Internal Revenue Code to revise current incentives for education zones into incentives for qualified public school modernization bonds, including (currently existing) qualified zone academy bonds and (newly established) qualified school construction bonds. Allows a limited tax credit, computed according to a specified formula, to taxpayers holding such public school modernization bonds. Raises the national zone academy bond limitation from $400 million to $1.4 billion for calendar 1999 (and 2000), and eliminates the limitation after 2000. Prescribes requirements for national qualified school construction bonds, with a national limitation of $9.7 billion each for calendar 1999 and 2000 and no limit after 2000.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 4 March 1998

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 4 March 1998

    Introduced

    Sponsor introductory remarks on measure. (CR E278)

    Source: IntroReferral

  3. 4 March 1998

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 4 March 1998

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 4 March 1998

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  • Introduced in House (PDF)

    Introduced in House · EN · 4 March 1998

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  • Introduced in House

    summary · EN · 4 March 1998

    Open at official source

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Sponsors

Showing 48 of 134 sponsors and actors.

Related records

Sources

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