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United States · Bill · HR

H.R. 3652 (105th)

School Construction Act of 1998

openUnited States· United States Congress· EN

Introduced

1 April 1998

Last action

Status

Sponsor introductory remarks on measure. (CR H4336)

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

School Construction Act of 1998 - Amends the Internal Revenue Code to: (1) allow a limited tax credit to holders of qualified public school construction bonds as an incentive for public school construction; (2) include in gross income the amount of such credit, which shall be treated as interest income; and (3) establish a national qualified school construction bond limitation for each calendar year, to be allocated among the States with projected enrollment increases.

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Documents

3 official files

Introduced in House (text)

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