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United States · Bill · HR

H.R. 4945 (109th)

Expand and Rebuild America's Schools Act of 2006

referredUnited States· United States Congress· EN

Introduced

14 March 2006

Last action

14 March 2006 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Sanchez, Loretta [D-CA-46], Rep. Owens, Major R. [D-NY-11], Rep. Case, Ed [D-HI-1], Rep. Millender-McDonald, Juanita [D-CA-37], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Lee, Barbara [D-CA-12], Rep. Paul, Ron [R-TX-14], Rep. Boucher, Rick [D-VA-9], Rep. Sherman, Brad [D-CA-32], Del. Christensen, Donna M. [D-VI-At Large], Rep. Roybal-Allard, Lucille [D-CA-40], Rep. Honda, Michael M. [D-CA-15], Rep. Brown, Corrine [D-FL-5], Rep. Kucinich, Dennis J. [D-OH-10], Rep. McKinney, Cynthia A. [D-GA-4], Rep. Evans, Lane [D-IL-17], Sen. Cardin, Benjamin L. [D-MD]

Subjects

Taxation, Education

Source updated

15 August 2025

Taxation · Education

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.

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

Timeline

  1. 14 March 2006

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 14 March 2006

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  3. 14 March 2006

    Introduced

    Sponsor introductory remarks on measure. (CR H941)

    Source: IntroReferral

  4. 14 March 2006

    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 · 14 March 2006

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 14 March 2006

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 14 March 2006

    Open at official source

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Sponsors

Related records

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Sources

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