Summary: H.R.2695 — 105th Congress (1997-1998)All Information (Except Text)

There is one summary for H.R.2695. Bill summaries are authored by CRS.

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Introduced in House (10/22/1997)

Expand and Rebuild America's Schools Act of 1997 - Amends the Internal Revenue Code to allow a limited credit to eligible taxpayers holding school construction bonds. Defines such bonds. Establishes a private business contribution requirement for bond issuers. Defines as eligible taxpayers certain banks, insurance companies, and corporations. Sets a national school construction bond limit.