H.R.2470 - America's Better Classrooms Act of 2007
To amend the Internal Revenue Code of 1986 to expand the incentives for the construction and renovation of public schools. view all titles (2)
All Bill Titles
- Short: America's Better Classrooms Act of 2007 as introduced.
- Official: To amend the Internal Revenue Code of 1986 to expand the incentives for the construction and renovation of public schools. as introduced.
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Latest Action Jul 24, 2007Referred to the Subcommittee on Earl... Related Bills (1) & Issues (36)
Official Summary
5/24/2007--Introduced.America's Better Classrooms Act of 2007 - Amends the Internal Revenue Code to allow a tax credit for investment in qualified public school modernization bonds, defined to include:
(1) bonds for the construction, rehabilitation, or repair of a public school facility or for the acquisition of land for such facility (qualified school construction bonds); and
(2) bonds to finance certain academic programs below the postsecondary level in empowerment zones or enterprise communities (qualified zone academy bonds). Establishes a national limitation on the issuance of such bonds and provides for the allocation of bond amounts among the states according to a specified formula. Terminates the authority for issuance of such bonds after 2009.
Amends the General Education Provisions Act to apply certain labor standards to public school construction projects financed by this Act.
Amends the Workforce Investment Act of 1998 to require states to establish employment and training programs relating to the construction or reconstruction of public school facilities.
...Read the Rest
Recent News Coverage
State Department Issues New Rules for Security Contractors
But the move comes just after the House passed 389-30 a bill ( HR 2470 ) offered by Rep. David E. Price , DN.C., that would bring contractors working in ...
Recent Blog Coverage
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Makita HR 2470 FT - Bauexpertenforum
Makita HR 2470 FT Marktplatz. ... Alt 10.12.2008, 18:49. operis. Beruf: Fliesenleger. Benutzerbild von operis. Registriert seit: 03.2007. Ort: bei berlin. eigene Artikel: 0. Makita HR 2470 FT ...
adam smith member of congress
HR 2470 will provide a federal tax credit to bond holders to pay the interest on local school bonds. The state or school district would only be responsible for repaying the principal. The bill will provide federal support in partnership ...
KS-04: Best Betts for Red to Blue "October Surprise" | discuss ...
In 2006, he introduced the Commission on the Accountability and Review of Federal Agencies Act (H.R. 2470), which was supported by the Republican Study Committee. [...snip...] He was elected to the Kansas State Senate in 1992. ...
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U.S. Congress - H.R.2470 America's Better Classrooms Act of 2007



