Public School Rebuilding and Improvement Act of 1999
Referred to the House Committee on Ways and Means.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Jan 19, 1999
Public School Rebuilding and Improvement Act of 1999 - Amends the Internal Revenue Code to revise current incentives for education zones into incentives for qualified public school modernization bonds, including (currently existing) qualified zone academy bonds and (newly established) qualified school construction bonds. Allows a limited tax credit to taxpayers holding such public school modernization bonds. Raises the national zone academy bond limitation from $400 million to $1.4 billion for 2000 and 2001, and eliminates the limitation after 2002. Prescribes requirements for national qualified school construction bonds, with a national limitation of $13.7 billion for 2000 and 2001, and no limit after 2001.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 20, 2025. Consult Congress.gov for the current record.
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