To amend the Internal Revenue Code of 1986 to extend qualified zone academy bonds for 4 years and to reduce the private business contribution requirement with respect to such bonds.
Investing in 21st Century Schools Act This bill amends the Internal Revenue Code, with respect to qualified zone academy bonds, to: (1) extend through 2020 the national limitation amount for such bonds, and (2) reduce from 10% to 5% of bond proceeds the required contribution amount for private businesses.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Building constructionEducational facilities and institutionsEducation of the disadvantagedEducation programs fundingElementary and secondary educationSecurities
To amend the Internal Revenue Code of 1986 to extend qualified zone academy bonds for 4 years and to reduce the private business contribution requirement with respect to such bonds.
USA115th CongressHR-3700| House
| Updated: 9/7/2017
Investing in 21st Century Schools Act This bill amends the Internal Revenue Code, with respect to qualified zone academy bonds, to: (1) extend through 2020 the national limitation amount for such bonds, and (2) reduce from 10% to 5% of bond proceeds the required contribution amount for private businesses.
Building constructionEducational facilities and institutionsEducation of the disadvantagedEducation programs fundingElementary and secondary educationSecurities