H.R. 9668 · 117th Congress
School Infrastructure Finance and Innovation Act
- Stage
- In committee
- Sponsor
- Terri Sewell
- Introduced
- 2022-12-21
- Latest action
- 2022-12-21 · Introduced in House
Summary
School Infrastructure Finance and Innovation Act or the SIFIA Act
This bill allows a new tax credit for the issuance of school infrastructure finance and innovation bonds (SIFIA bonds). The bill defines SIFIA bonds as any bond issue if 100% of the project proceeds of such issue are to be used for the design, construction, expansion, renovation, furnishing, or equipping of qualified school facilities.