Bill Would Allow $400M a Year in School Bonds

McConnell, Alison L.
March 2006
Bond Buyer;3/20/2006, Vol. 355 Issue 32342, p5
Trade Publication
The article reports on the introduction of a bill that would allow U.S. school districts to issue as much as $400 million tax-credit bonds to finance the construction of new classrooms. The Expand and Rebuild America's Schools Act of 2006 was introduced by Representative Loretta Sanchez. bill will augment the existing Qualified Zone Academy Bond program which allows the annual issuance of tax-credit bonds to the renovation and repair of existing school facilities.


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