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HR 9668 United States House · 117th Congress

SIFIA Act

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.
Issues: ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for school infrastructure bonds, directly funding public school facilities through fiscal incentives.90% confidence ✓ EducationSupports EducationBill creates tax credits for bonds funding school facility construction/renovation, directly advancing school infrastructure improvements per education topic indicators.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Dec 2022
Committee Review
Floor Vote
President
Introduced Dec 21, 2022 Last action Dec 21, 2022
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Dec 21, 2022
Committee
Referred to the House Committee on Ways and Means.
lower
Dec 21, 2022
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
P
Photo of Terri A. Sewell
Terri A. Sewell
DDemocratic
AL
7
Co
Photo of Stacey E. Plaskett
Stacey E. Plaskett
DDemocratic
VI
At-Large