H.R. 3793 (112th): Investing for Tomorrow’s Schools Act of 2012

Introduced:
Jan 18, 2012 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
Heath Shuler
Representative for North Carolina's 11th congressional district
Party
Democrat
Text
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Last Updated
Jan 18, 2012
Length
16 pages
 
Status

This bill was introduced on January 18, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Jan 18, 2012
Referred to Committee Jan 18, 2012
 
Full Title

To establish State infrastructure banks for education.

Summary

No summaries available.

Cosponsors
none
Committees

House Education and the Workforce

Early Childhood, Elementary, and Secondary Education

Higher Education and Workforce Training

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


1/18/2012--Introduced.
Investing for Tomorrow's Schools Act of 2012 - Authorizes the Secretary of the Treasury to enter into cooperative agreements with states to establish state and multistate infrastructure banks that make loans to local educational agencies, public libraries, and charter schools or their developers to construct or renovate public elementary or secondary schools and public libraries.
Grants congressional consent to states for interstate compacts to establish multistate infrastructure banks.
Directs the Secretary to make grants to such banks to provide initial capital for such loans.
Requires states to contribute from nonfederal sources at least 25% of the amount of each federal capitalization grant made to the state and contributed to the bank.
Lists types of projects eligible for such bank loans.
Requires borrowers to use, to the maximum extent practicable, green construction or renovation practices that are consistent with: (1) Leadership in Energy and Environmental Design (LEED) green building rating standards, (2) Energy Star standards, (3) Collaborative for High Performance Schools (CHPS) criteria, (4) Green Building Initiative environmental design and rating standards (Green Globes), or (5) equivalent standards adopted by the entities that have jurisdiction over them.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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