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S. 1156

School Infrastructure Modernization Act of 2017

School Infrastructure Modernization Act of 2017

This bill amends the Internal Revenue Code to allow rehabilitation expenditures for any building which is a qualified public educational facility to qualify for the rehabilitation tax credit. A "qualified public educational facility" is a school facility which is part of a public elementary or secondary school and is owned by a private, for-profit corporation pursuant to a public-private partnership agreement with a state or local educational agency.

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3013-3014)

Sen. Kaine, Tim [D-VA](D-VA)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions1related bills5subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3013-3014)

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

School Infrastructure Modernization Act of 2017 — Informed