Public School Modernization and Overcrowding Relief Act of 1999
Read twice and referred to the Committee on Finance.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Jul 28, 1999
Public School Modernization and Overcrowding Relief Act of 1999 - Amends the Internal Revenue Code to: (1) provide a limited credit for qualified public school modernization bonds; (2) provide for qualified school construction bonds and qualified zone academy bonds and establish limits and allocation formulas for such bonds; (3) provide for the treatment of qualified public educational facility bonds as exempt facility bonds; (4) increase the amount by which certain governmental bonds used to finance public school capital expenditures may be exempted from specified arbitrage bond provisions; (5) revise provisions concerning advance refundings of bonds.
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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