Summary: H.R.771 — 107th Congress (2001-2002)All Information (Except Text)

There is one summary for H.R.771. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (02/28/2001)

Federal School Construction Act of 2001 - Schools for the 21st Century Act - Amends the Elementary and Secondary Education Act of 1965 to revise and reauthorize provisions for school infrastructure improvement. Directs the Secretary of Education to award grants for the construction, repair, renovation, and modernization of public school facilities to eligible local educational agencies in specified categories based on numbers of students enrolled, and to set maximum award amounts for each such category. Requires reservation of one percent of program funds to provide assistance to schools operated predominantly for Native American or Alaska Native students.

Amends the Internal Revenue Code to establish a limited tax credit for holders of qualified public school modernization bonds. Repeals a restriction on zone academy bond holders.

Amends the General Education Provisions Act to apply certain labor standards on construction projects financed under such public school modernization bond program and specified zone academy bond provisions.

Amends the Workforce Investment Act of 1998 to establish provisions concerning local employment and training activities related to the construction or reconstruction of public school facilities.