Amendment sought to increase the amount of qualified zone academy bonds which may be issued in order to promote the construction and rehabilitation of public schools; and would have deleted language authorizing educational individual retirement accounts to cover elementary and secondary education.

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Amendment Number
436
Description
Amendment sought to increase the amount of qualified zone academy bonds which may be issued in order to promote the construction and rehabilitation of public schools; and would have deleted language authorizing educational individual retirement accounts to cover elementary and secondary education.
Purpose
An amendment in the nature of a substitute to provide interest-free bonds for public school construction or repair, purchase of equipment, development of course materials, and teacher training. The amendment would delete the provisions of the bill relating to the establishment of Education Savings Accounts.
Congress
105
Type
HAMDT
Latest Action Date
Oct 23, 1997
Latest Action Text
On agreeing to the Rangel amendment (A002) Failed by the Yeas and Nays: 199 - 224 (Roll no. 523).
Latest Action Time
15:28:25
Submitted Date
Oct 23, 1997
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 436 — Informed