,,ii  #aae? ,,congress  #a/ ,session    
,s4 #afgd  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #ca1 #bjag ,mr4  
,re$ 7= himself1 ,mr4 ,br[n1 ,ms4       
,cortez ,ma/o1 ,ms4 ,hassan1 ,ms4 ,w>r51
 ,mr4 ,:iteh\se1 ,ms4 ,hirono1 & ,mr4   
,c>d97 introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,f9ance  ,a ,,bill  ,to provide grants =
 ! repair1 r5ovation1 & con/ruction (   
public elem5t>y s*ools & second>y       
s*ools1 to e/abli% a s*ool infra/ructure
 bond program1 & = o!r purposes4  #a4   
,%ort title  ,?is ,act may be cit$ z !  
,s*ool ,build+ ,improvem5t ,act ( #bjag4
  #b4 ,def9itions ,9 ?is ,act3 7#a7     
,,esea def9itions ,! t]ms elem5t>y      
s*ool1 local educational ag5cy1 outly+  
areas1 second>y s*ool1 & ,/ate          
educational ag5cy h ! mean+s giv5 ! t]ms
 9 section #haja ( ! ,elem5t>y &        
,second>y ,education ,act ( #aife 7#bj  
,u4,s4,c4 #haja74  7#b7 ,,a%rae en]gy   
/&>d = build+s ,! t]m ,,a%rae ,en]gy    
,/&>d = ,build+s means ,am]ican ,society

 ( ,heat+1 ,refrig]at+ &                
,air-,condition+ ,eng9e]s ,/&>d         
#ij4a4-bjaf or any successor /&>d4  7#c7
 ,*>t] s*ool ,! t]m *>t] s*ool has !    
mean+ giv5 ! t]m 9 section #dcaj ( !    
,elem5t>y & ,second>y ,education ,act ( 
#aife 7#bj ,u4,s4,c4 #gbbli74  7#d7     
,,*ps ,crit]ia ,! t]m ,,*ps ,crit]ia    
means ! gre5 build+ rat+ crit]ia        
develop$ by ! ,collaborative = ,high    
,p]=mance ,s*ools4  7#e7 ,cov]$ funds ,!
 t]m cov]$ funds means funds provid$ "u 
title ,i or title ,,ii4  7#f7 ,e>ly     
le>n+ facility ,! t]m e>ly le>n+        
facility means a public facility t--    
7,a7 s]ves *ildr5 :o are n yet 9        
k9d]g>t52 &  7,b7 is "u ! jurisdiction (
 a local educational ag5cy4  7#g7 ,en]gy
 /> ,! t]m ,en]gy ,/> means ! ,en]gy ,/>
 program ( ! ,dep>tm5t ( ,en]gy & !     
,environm5tal ,protection ,ag5cy4  7#h7 
,facility condition index ,! t]m        
facility condition index means1 z ( !   
date ( ! calculation1 ! co/ ( ma9t5ance1
 repairs1 & replacem5t defici5cies ( a  

facility1 divid$ by ! e/imat$ replacem5t
 value ( ! facility4  7#i7 ,high-ne$    
local educational ag5cy ,! t]m high-ne$ 
local educational ag5cy means a local   
educational ag5cy t-- 7,a7 s]ves a high 
p]c5tage ( high-ne$ s*ools2 &  7,b7 is  
among ! local educational ag5cies 9 a   
,/ate ) ! highe/ numb] or proportion (  
*ildr5 :o are c\nt$ "u section #aabd7;c7
 ( ! ,elem5t>y & ,second>y ,education   
,act ( #aife1 9 comp>ison to o!r local  
educational ag5cies 9 ! ,/ate4  7#aj7   
,high-ne$ s*ool ,! t]m high-ne$ s*ool   
means-- 7,a7 an elem5t>y s*ool or middle
 s*ool 9 :i* n less ?an #ej p]c5t ( !   
enroll$ /ud5ts are *ildr5 f l[-income   
families2 or  7,b7 a high s*ool 9 :i* n 
less ?an #dj p]c5t ( ! enroll$ /ud5ts   
are *ildr5 f l[-income families1 :i* may
 be calculat$ us+ comp>able data f !    
s*ools t fe$ into ! high s*ool4  7#aa7  
,,le$ ,gre5 build+ rat+ sy/em ,! t]m    
,,le$ ,gre5 ,build+ ,rat+ ,sy/em means !
 ,unit$ ,/ates ,gre5 ,build+ ,c\ncil    
,lead]%ip 9 ,en]gy & ,environm5tal      

,design gre5 build+ rat+ sy/em4  7#ab7  
,l[-income family ,! t]m l[-income      
family means a family-- 7,a7 9 :i* !    
*ildr5 are eligible = a free or         
r$uc$-price lun* "u ! ,ri*>d ,b4        
,russell ,national ,s*ool ,lun* ,act    
7#db ,u4,s4,c4 #agea et seq472  7,b7    
receiv+ assi/ance "u ! program ( block  
grants to ,/ates = tempor>y assi/ance = 
ne$y families e/abli%$ "u "p ,a ( title 
,,iv ( ! ,social ,security ,act 7#db    
,u4,s4,c4 #fja et seq472 or  7,c7 9 :i* 
! *ildr5 are eligible to receive m$ical 
assi/ance "u ! ,m$icaid program "u title
 ,,xix ( ! ,social ,security ,act 7#db  
,u4,s4,c4 #acif et seq474  7#ac7 ,public
 s*ool facility ,! t]m public s*ool     
facility means a public elem5t>y s*ool  
or second>y s*ool facility1 includ+ a   
public *>t] s*ool facility or an exi/+  
facility plann$ = adaptive reuse z a    
public *>t] s*ool facility4  7#ad7      
,rural local educational ag5cy ,! t]m   
rural local educational ag5cy means a   
local educational ag5cy t meets !       

eligibility requirem5ts "u-- 7,a7       
section #ebaa7;b7 ( ! ,elem5t>y &       
,second>y ,education ,act ( #aife 7#bj  
,u4,s4,c4 #gcde7;b77 = p>ticipation 9 ! 
program describ$ 9 subp>t #a ( "p ,b (  
title ,v ( su* ,act2 or  7,b7 section   
#ebba7;b7 ( ! ,elem5t>y & ,second>y     
,education ,act ( #aife 7#bj ,u4,s4,c4  
#gcea7;b77 = p>ticipation 9 ! program   
describ$ 9 subp>t #b ( "p ,b ( title ,v 
( su* ,act4  7#ae7 ,secret>y ,! t]m     
,secret>y means ! ,secret>y (           
,education4  7#af7 ,/ate ,! t]m ,/ate   
means ea* ( ! sev]al ,/ates ( ! ,unit$  
,/ates1 ! ,di/rict ( ,columbia1 & !     
,commonweal? ( ,pu]to ,rico4  ,i ,grants
 = s*ool repair1 r5ovation1 &           
con/ruction  #aja4 ,grants = s*ool      
repair1 r5ovation1 & con/ruction  7a7   
,allocation ( funds  7#a7 ,res]vations  
,f ! funds appropriat$ "u subsection 7i7
 = a fiscal ye>1 ! ,secret>y %all res]ve
 #a p]c5t to provide assi/ance to !     
outly+ areas & = paym5ts to ! ,secret>y 
( ! ,int]ior to provide assi/ance to    

s*ools fund$ by ! ,bureau ( ,indian     
,education4 ,funds allocat$ "u ?is      
p>agraph %all be res]v$ by ! ,secret>y =
 di/ribution among ! outly+ areas & !   
,secret>y ( ! ,int]ior on ! basis ( _!  
relative ne$ = public elem5t>y s*ool &  
second>y s*ool repair1 r5ovation1 &     
con/ruction1 z det]m9$ by ! ,secret>y4  
7#b7 ,/ate allotm5t  7,a7 ,9 g5]al      
,subject to subp>agraphs 7,b7 & 7,c71 f 
! funds made available "u subsection 7i7
 t rema9 aft] c>ry+ out p>agraph 7#a7 = 
a fiscal ye>1 ! ,secret>y %all allot to 
ea* ,/ate educational ag5cy s]v+ a ,/ate
 an am\nt t be>s ! same relation to su* 
rema9d] z ! am\nt ! ,/ate receiv$ "u    
subp>t #b ( "p ,a ( title ,i ( !        
,elem5t>y & ,second>y ,education ,act ( 
#aife 7#bj ,u4,s4,c4 #fcaa et seq47 = ! 
fiscal ye> prec$+ ! fiscal ye> = :i* !  
det]m9ation is made be>s to ! am\nt all 
,/ates receiv$ "u su* subp>t = su*      
prec$+ fiscal ye>4  7,b7 ,/ate m9imum   
,no ,/ate receiv+ an allotm5t "u ?is    
p>agraph %all receive less ?an "o-half (

 #a p]c5t ( ! total am\nt allott$ "u ?is
 p>agraph4  7,c7 ,pu]to rico ,! am\nt   
allott$ "u ?is p>agraph to !            
,commonweal? ( ,pu]to ,rico = a fiscal  
ye> may n exce$ "o-half ( #a p]c5t ( !  
total am\nt allott$ "u ?is p>agraph4    
7b7 ,)9-,/ate di/ributions  7#a7        
,adm9i/rative & o!r co/s  7,a7 ,/ate    
educational ag5cy adm9i/ration & o!r    
co/s ,except z provid$ 9 subp>agraph    
7,d71 ea* ,/ate educational ag5cy may   
res]ve n m ?an #a p]c5t ( ! ,/ate       
educational ag5cy's allotm5t "u         
subsection 7a7 = ! purposes ( adm9i/]+ !
 di/ribution ( grants "u ?is subsection 
& aw>d+ grants "u subp>agraph 7,c77v74  
7,b7 ,requir$ uses ,! ,/ate educational 
ag5cy %all use a portion ( ! funds      
res]v$ "u subp>agraph 7,a7-- 7i7 to     
provide te*nical assi/ance to local     
educational ag5cies2 &  7ii7 to e/abli% 
or support a ,/ate-level database (     
public s*ool facility inv5tory1         
condition1 design1 & utilization1 9     
accordance ) section #cjd4  7,c7        

,p]missible uses ,! ,/ate educational   
ag5cy may use a portion ( ! funds res]v$
 "u subp>agraph 7,a7 =-- 7i7 develop+ a 
/atewide public s*ool facility ma/]     
plan2  7ii7 develop+ policies1          
proc$ures1 & /&>ds = high-quality1 en]gy
 effici5t public s*ool facilities2      
7iii7 support+ int]ag5cy collaboration t
 w lead to broad community use ( public 
s*ool facilities1 & s*ool-bas$ s]vices =
 /ud5ts s]v$ by high-ne$ local          
educational ag5cies or rural local      
educational ag5cies2  7iv7 help+ to     
defray ! co/ ( issu+ ,/ate bonds to     
f9ance public elem5t>y s*ool & second>y 
s*ool repair1 r5ovation1 & con/ruction2 
&  7v7 aw>d+ grants to ,/ate-op]at$ or  
,/ate-support$ s*ools1 su* z a ,/ate    
s*ool = ! deaf or = ! bl9d1 to enable   
su* s*ools to c>ry out s*ool repair1    
r5ovation1 & con/ruction activities 9   
accordance ) subsection 7c74  7,d7 ,/ate
 entity adm9i/ration & o!r co/s ,if !   
,/ate educational ag5cy transf]s funds  
to a ,/ate entity describ$ 9 p>agraph   

7#b77;,a71 ! ,/ate educational ag5cy    
%all transf] to su* ,/ate entity n less 
?an #ge p]c5t ( ! am\nt res]v$ "u       
subp>agraph 7,a7 = ! purpose ( c>ry+ out
 ! activities describ$ 9 subp>agraph    
7,c74  7#b7 ,di/ribution ( competitive  
s*ool repair1 r5ovation1 & con/ruction  
grants to local educational ag5cies     
7,a7 ,9 g5]al ,( ! funds allott$ to a   
,/ate educational ag5cy "u subsection   
7a7 t are n res]v$ "u p>agraph 7#a71 !  
,/ate educational ag5cy %all di/ribute  
#ajj p]c5t ( su* funds to local         
educational ag5cies or1 if ! ,/ate      
educational ag5cy is n responsible = !  
f9anc+ ( public s*ool facilities1 !     
,/ate educational ag5cy %all transf] su*
 funds to ! ,/ate entity responsible = !
 f9anc+ ( public s*ool facilities       
7ref]r$ to 9 ?is section z ! ,/ate      
entity7 = di/ribution by su* ,/ate      
entity to local educational ag5cies 9   
accordance ) ?is p>agraph1 to be us$1   
consi/5t ) subsection 7c71 = public     
elem5t>y s*ool or second>y s*ool repair1

 r5ovation1 & con/ruction4  7,b7        
,competitive grants to local educational
 ag5cies ,! ,/ate educational ag5cy or  
,/ate entity %all c>ry out a program to 
aw>d grants1 on a competitive basis1 to 
local educational ag5cies = public      
elem5t>y s*ool or second>y s*ool repair1
 r5ovation1 & con/ruction4 ,( ! total   
am\nt available = di/ribution to local  
educational ag5cies "u ?is p>agraph1 !  
,/ate educational ag5cy or ,/ate entity1
 %all1 9 c>ry+ out ! grant competition--
  7i7 aw>d to high-ne$ local educational
 ag5cies1 9 ! aggregate1 n less ?an an  
am\nt :i* be>s ! same relation%ip to su*
 total am\nt z ! aggregate am\nt su*    
high-ne$ local educational ag5cies      
receiv$ "u "p ,a ( title ,i ( !         
,elem5t>y & ,second>y ,education ,act ( 
#aife 7#bj ,u4,s4,c4 #fcaa et seq47 = ! 
fiscal ye> prec$+ ! fiscal ye> = :i* !  
det]m9ation is made be>s to ! aggregate 
am\nt receiv$ = su* prec$+ fiscal ye> "u
 su* "p by all local educational ag5cies
 9 ! ,/ate2  7ii7 aw>d to rural local   

educational ag5cies 9 ! ,/ate1 9 !      
aggregate1 n less ?an an am\nt :i* be>s 
! same relation%ip to su* total am\nt z 
! aggregate am\nt su* rural local       
educational ag5cies receiv$ "u "p ,a (  
title ,i ( ! ,elem5t>y & ,second>y      
,education ,act ( #aife 7#bj ,u4,s4,c4  
#fcaa et seq47 = ! fiscal ye> prec$+ !  
fiscal ye> = :i* ! det]m9ation is made  
be>s to ! aggregate am\nt receiv$ = su* 
prec$+ fiscal ye> "u su* "p by all local
 educational ag5cies 9 ! ,/ate2 &  7iii7
 aw>d ! rema9+ funds to local           
educational ag5cies 9 ! ,/ate t did n   
receive a grant aw>d "u clause 7i7 or   
7ii71 includ+ to high-ne$ local         
educational ag5cies & rural local       
educational ag5cies t did n receive a   
grant aw>d "u clause 7i7 or 7ii74  7,c7 
,crit]ia = aw>d+ grants ,9 aw>d+        
competitive grants "u ?is p>agraph1 a   
,/ate educational ag5cy or ,/ate entity 
%all take into acc\nt ! foll[+ crit]ia3 
7i7 ,p]c5tage ( *ildr5 f l[-income      
families ,! p]c5tage ( *ildr5 s]v$ by ! 

local educational ag5cy :o are betwe5 #e
 to #ag ye>s ( age1 inclusive1 & :o are 
f l[-income families4  7ii7 ,ne$ = s*ool
 repair1 r5ovation1 & con/ruction ,! ne$
 ( a local educational ag5cy = public   
s*ool facility repair1 r5ovation1 &     
con/ruction1 z demon/rat$ by a facility 
condition index or ! local educational  
ag5cy's ne$ = new public s*ool          
facilities bas$ on enrollm5t or         
anticipat$ enrollm5t4  7iii7 ,gre5      
s*ools ,! ext5t to :i* a local          
educational ag5cy w make use1 9 !       
repair1 r5ovation1 or con/ruction to be 
und]tak51 ( gre5 practices t are        
c]tifi$1 v]ifi$1 or consi/5t ) any      
applicable provisions (--  7,i7 ! ,,le$ 
,gre5 ,build+ ,rat+ ,sy/em2  7,,ii7     
,en]gy ,/>2  7,,iii7 ! ,,*ps ,crit]ia2  
7,,iv7 ! ,,a%rae ,en]gy ,/and>d =       
,build+s2 or  7,v7 an equival5t program 
adopt$ by ! ,/ate or ano!r jurisdiction 
) au?ority ov] ! local educational      
ag5cy4  7iv7 ,fiscal capacity ,! fiscal 
capacity ( a local educational ag5cy to 

meet ! ne$s ( ! local educational ag5cy 
= repair1 r5ovation1 & con/ruction (    
public s*ool facilities )\t assi/ance "u
 ?is section1 includ+ ! ability ( !     
local educational ag5cy to raise funds  
?r\gh ! use ( local bond+ capacity &    
o!rwise4  7v7 ,assurance ( ma9ta9+ !    
facility ,! ability ( a local           
educational ag5cy to provide an         
assurance t ! local educational ag5cy w 
ma9ta91 9 good condition1 any public    
s*ool facility ^: repair1 r5ovation1 or 
con/ruction is assi/$ "u ?is section4   
7vi7 ,*>t] s*ool equitable access to    
fund+ ,9 ! case ( a local educational   
ag5cy t proposes to fund a repair1      
r5ovation1 or con/ruction project = a   
public *>t] s*ool1 ! ext5t to :i*--     
7,i7 ! public *>t] s*ool lacks access to
 fund+ = s*ool repair1 r5ovation1 &     
con/ruction ?r\gh ! f9anc+ me?ods       
available to o!r public s*ools or local 
educational ag5cies 9 ! ,/ate2 &  7,,ii7
 ! *>t] s*ool op]ator owns or has c>e & 
control ( ! facility t is to be repair$1

 r5ovat$1 or con/ruct$4  7,d7 ,mat*+    
requirem5t  7i7 ,9 g5]al ,a ,/ate       
educational ag5cy or ,/ate entity %all  
require local educational ag5cies to    
mat* funds aw>d$ "u ?is p>agraph4  7ii7 
,mat* am\nt ,a ,/ate educational ag5cy  
may e/abli% a slid+ scale = det]m9+ !   
mat* describ$ 9 clause 7i71 tak+ into   
acc\nt ! relative pov]ty ( ! population 
s]v$ by ! local educational ag5cy4  7c7 
,rules applicable to s*ool repair1      
r5ovation1 & con/ruction ,) respect to  
funds made available "u ?is section t   
are us$ = s*ool repair1 r5ovation1 &    
con/ruction1 ! foll[+ rules %all apply3 
7#a7 ,p]missible uses ( funds ,s*ool    
repair1 r5ovation1 & con/ruction %all be
 limit$ to "o or m ( ! foll[+3 7,a7     
,upgrades1 repair1 con/ruction1 or      
replacem5t ( public elem5t>y s*ools or  
second>y s*ools1 or _! build+ sy/ems or 
compon5ts1 9 ord] to improve ! quality (
 education & ensure ! heal? & safety (  
/ud5ts & /aff1 includ+--  7i7 repair+1  
replac+1 or con/ruct+ e>ly le>n+        

facilities at public elem5t>y s*ools    
7includ+ r5ovation ( exi/+ facilities to
 s]ve *ildr5 "u #e ye>s ( age72  7ii7   
repair+1 replac+1 or con/ruct+ s*ool    
libr>y facilities2  7iii7 mod]niz+ or   
upgrad+ s*ool classroom facilities1     
includ+ laboratories2  7iv7 repair+1    
replac+1 or in/all+ ro(s1 w9d[s1 doors1 
electrical wir+1 plumb+ sy/ems1 or      
sewage sy/ems2  7v7 in/all+ classroom   
furniture or fixtures ) at lea/ a       
#aj-ye> life cycle2  7vi7 repair+1      
replac+1 or in/all+ heat+1 v5tilation1  
or air condition+ sy/ems 7includ+       
insulation72 &  7vii7 br++ su* public   
s*ools into compliance ) fire & safety  
codes4  7,b7 ,public s*ool facility     
modifications necess>y to r5d] public   
s*ool facilities accessible 9 ord] to   
comply ) ! ,am]icans ) ,disabilities    
,act ( #aiij 7#db ,u4,s4,c4 #abaja et   
seq47 & section #ejd ( ! ,rehabilitation
 ,act ( #aigc 7#bi ,u4,s4,c4 #gid74     
7,c7 ,improvem5ts to ! environm5tal     
conditions ( public elem5t>y s*ool or   

second>y s*ool sites1 includ+--  7i7    
asbe/os abatem5t or removal2  7ii7 !    
r$uction or elim9ation ( human exposure 
to lead-bas$ pa9t1 lead-contam9at$ dr9k+
 wat]1 m]cury1 radon1 poly*lor9at$      
biph5yls1 or o!r toxic sub/ances2  7iii7
 ! r$uction or elim9ation ( mold1       
mildew1 pe/s1 & rod5ts2 &  7iv7 air     
quality improvem5t4  7,d7 ,measures     
design$ to r$uce or elim9ate human      
exposure to classroom noise &           
environm5tal noise pollution4  7,e7     
,modifications necess>y to r$uce !      
consumption ( electricity1 natural gas1 
oil1 wat]1 coal1 or l&4  7,f7 ,upgrades 
or in/allations ( educational te*nology 
infra/ructure to ensure t /ud5ts h      
access to up-to-date educational        
te*nology4  7,g7 ,measures t w broad5 or
 improve ! use ( public elem5t>y s*ool  
or second>y s*ool build+s & gr\nds by ! 
community 9 ord] to improve educational 
outcomes4  7#b7 ,imp]missible uses (    
funds ,no funds receiv$ "u ?is section  
may be us$ =-- 7,a7 paym5t ( ma9t5ance  

co/s 9 connection ) any projects        
con/ruct$ 9 :ole or "p ) ,f$]al funds   
provid$ "u ?is section2  7,b7 pur*ase or
 upgrade ( vehicles2  7,c7 improvem5t or
 con/ruction ( any /&-alone facility ^: 
purpose is n ! education ( *ildr51      
includ+ c5tral (fice adm9i/ration or    
op]ations or logi/ical support          
facilities2  7,d7 pur*ase ( in=mation   
te*nology h>dw>e1 includ+ comput]s1     
monitors1 pr9t]s1 or o!r devices2 or    
7,e7 /adiums or o!r facilities prim>ily 
us$ = a?letic conte/s or exhibitions or 
o!r ev5ts = :i* admission is *>g$ to !  
g5]al public4  7#c7 ,supplem5t1 n       
supplant ,a local educational ag5cy or  
,/ate-op]at$ or ,/ate-support$ s*ool    
%all use ,f$]al funds subject to ?is    
subsection only to supplem5t ! am\nt (  
funds t w\ld1 9 ! abs5ce ( su* ,f$]al   
funds1 be made available f non-,f$]al   
s\rces = s*ool repair1 r5ovation1 &     
con/ruction4  7d7 ,qualifi$ bidd]s2     
competition ,ea* local educational ag5cy
 t receives funds "u subsection 7b77#b7 

%all ensure t1 if ! local educational   
ag5cy c>ries out repair1 r5ovation1 or  
con/ruction ?r\gh a contract1 any su*   
contract process ensures ! maximum numb]
 ( qualifi$ bidd]s1 includ+ small1      
m9ority1 & wom5-own$ bus9esses1 ?r\gh   
full & op5 competition4  7e7 ,public    
comm5t ,ea* local educational ag5cy     
receiv+ funds "u subsection 7b77#b7     
%all-- 7#a7 provide an opportunity =    
public comm5t1 & ensure t p>5ts1        
educators1 & all o!r int]e/$ memb]s ( ! 
community 9 :i* ! s*ool to be assi/$ is 
locat$1 h ! opportunity to consult on ! 
use ( ! funds receiv$ "u su* subsection2
  7#b7 provide ! public ) adequate &    
effici5t notice ( ! opportunity describ$
 9 p>agraph 7#a7 9 a widely read &      
di/ribut$ m$ium2 &  7#c7 provide !      
opportunity describ$ 9 p>agraph 7#a7 9  
accordance ) any applicable ,/ate &     
local law specify+ h[ ! comm5ts may be  
receiv$ & h[ ! comm5ts may be review$ by
 any memb] ( ! public4  7f7 ,report+    
7#a7 ,local report+ ,ea* local          

educational ag5cy t receives funds "u   
subsection 7b77#b7 = a fiscal ye> %all1 
= ea* fiscal ye>--  7,a7 compile !      
in=mation describ$ 9 subsection         
7g77#b77;,b7 ) respect to ! local       
educational ag5cy = ! prec$+ fiscal ye>2
  7,b7 make ! compil$ in=mation         
available to ! public1 includ+ by po/+ !
 in=mation on a publicly accessible     
website ( ! local educational ag5cy2 &  
7,c7 prep>e & submit to ! ,/ate         
educational ag5cy an annual report t    
includes-- 7i7 ! compil$ in=mation      
describ$ 9 subp>agraph 7,a72  7ii7 a    
description ( h[ ! local educational    
ag5cy us$ funds receiv$ "u subsection   
7b77#b7 = public elem5t>y s*ool &       
second>y s*ool repair1 r5ovation1 &     
con/ruction2 &  7iii7 any o!r in=mation 
! ,/ate educational ag5cy may require4  
7#b7 ,/ate report+ ,ea* ,/ate           
educational ag5cy t receives a grant "u 
subsection 7a7 = a fiscal ye> %all1 =   
ea* su* fiscal ye>--  7,a7 compile !    
in=mation receiv$ f ! reports describ$ 9

 p>agraph 7#a77;,c71 & ! in=mation      
describ$ 9 subsection 7g77#b77;,b7 )    
respect to any ,/ate-op]at$ or          
,/ate-sponsor$ s*ool receiv+ funds "u   
subsection 7b77#a77;,c77v71 = ! prec$+  
fiscal ye>2  7,b7 make ! compil$        
in=mation available to ! public1 includ+
 by po/+ ! in=mation on a publicly      
accessible website ( ! ,/ate educational
 ag5cy2  7,c7 regul>ly di/ribute !      
compil$ in=mation to local educational  
ag5cies & tribal gov]nm5ts 9 ! ,/ate2 & 
7,d7 prep>e & submit to ! ,secret>y an  
annual report t includes-- 7i7 ! compil$
 in=mation describ$ 9 subp>agraph 7,a72 
&  7ii7 a description ( h[ funds receiv$
 "u ?is section 7 made available & us$ =
 public elem5t>y s*ool & second>y s*ool 
repair1 r5ovation1 & con/ruction4  7g7  
,annual report on grant program  7#a7 ,9
 g5]al ,n lat] ?an ,septemb] #cj ( ea*  
fiscal ye> beg9n+ aft] ! date ( !       
enactm5t ( ?is ,act1 ! ,secret>y %all   
submit to ! ,committee on ,heal?1       
,education1 ,labor1 & ,p5sions ( !      

,s5ate & ! ,committee on ,education & ! 
,work=ce ( ! ,h\se ( ,repres5tatives a  
report on ! projects c>ri$ out ) funds  
made available "u ?is section4  7#b7    
,elem5ts ,! report "u p>agraph 7#a7 %all
 include1 ) respect to ! fiscal ye>     
prec$+ ! ye> 9 :i* ! report is submitt$1
 ! foll[+3  7,a7 ,an id5tification ( ea*
 local educational ag5cy t receiv$ funds
 "u subsection 7b77#b74  7,b7 ,) respect
 to ea* su* ag5cy1 a description (--    
7i7 ! demographic composition ( ! /ud5t 
population s]v$ by ! ag5cy1             
disaggregat$1 by numb] & p]c5tage1 by-- 
7,i7 race2  7,,ii7 /atus z a /ud5t c\nt$
 "u section #aabd7;c7 ( ! ,elem5t>y &   
,second>y ,education ,act ( #aife 7#bj  
,u4,s4,c4 #fccc7;c772 &  7,,iii7        
eligibility = a free or r$uc$ price lun*
 "u ! ,ri*>d ,b4 ,russell ,national     
,s*ool ,lun* ,act 7#db ,u4,s4,c4 #agea  
et seq472  7ii7 ! population d5sity ( ! 
geographic area s]v$ by ! ag5cy2  7iii7 
! projects = :i* ! ag5cy us$ ! grant    
receiv$ "u ?is section2  7iv7 !         

demon/rable or expect$ b5efits ( !      
projects2 &  7v7 ! e/imat$ numb] ( jobs 
creat$ by ! projects4  7,c7 ,! total    
doll> am\nt ( all grants receiv$ by     
local educational ag5cies "u ?is        
section4  7h7 ,reallocation ,if a ,/ate 
educational ag5cy does n apply = an     
allocation ( funds "u subsection 7a7 = a
 fiscal ye>1 or does n use ! ,/ate      
educational ag5cy's entire allocation = 
su* fiscal ye>1 !n ! ,secret>y may      
reallocate ! am\nt ( ! ,/ate educational
 ag5cy's allocation 7or ! rema9d] !re(1 
z ! case may be7 = su* fiscal ye> to !  
rema9+ ,/ate educational ag5cies 9      
accordance ) su* subsection4  7i7       
,au?orization ( appropriations ,!re are 
au?oriz$ to be appropriat$ to c>ry out  
?is section #g1jjj1jjj1jjj = ea* (      
fiscal ye>s #bjah ?r\gh #bjbg4  ,,ii    
,s*ool infra/ructure bonds  #bja4 ,s*ool
 infra/ructure bonds  7a7 ,9 g5]al      
,subp>t ,j ( "p ,,iv ( sub*apt] ,a (    
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by add+ aft] section     

#ed;,,aa ! foll[+ new section3          
#ed;,,bb4 ,s*ool infra/ructure bonds    
7a7 ,9 g5]al ,if a taxpay] holds a s*ool
 infra/ructure bond on "o or m int]e/   
paym5t dates ( ! bond dur+ any taxable  
ye>1 !re %all be all[$ z a cr$it aga9/ !
 tax impos$ by ?is *apt] = ! taxable ye>
 an am\nt equal to ! sum ( ! cr$its     
det]m9$ "u subsection 7b7 ) respect to  
su* dates4  7b7 ,am\nt ( cr$it ,! am\nt 
( ! cr$it det]m9$ "u ?is subsection )   
respect to any int]e/ paym5t date = a   
s*ool infra/ructure bond is #ajj p]c5t (
 ! am\nt ( int]e/ payable by ! issu] )  
respect to su* date4  7c7 ,limitation   
,bas$ on ,am\nt ( ,tax  7#a7 ,9 g5]al ,!
 cr$it all[$ "u subsection 7a7 = any    
taxable ye> %all n exce$ ! excess (--   
7,a7 ! sum ( ! regul> tax liability 7z  
def9$ 9 section #bf7;b77 plus ! tax     
impos$ by section #ee1 ov]  7,b7 ! sum (
 ! cr$its all[able "u ?is "p 7o!r ?an   
subp>t ,c & ?is subp>t74  7#b7 ,c>ryov] 
( unus$ cr$it ,if ! cr$it all[able "u   
subsection 7a7 exce$s ! limitation      

impos$ by p>agraph 7#a7 = su* taxable   
ye>1 su* excess %all be c>ri$ to !      
succe$+ taxable ye> & add$ to ! cr$it   
all[able "u subsection 7a7 = su* taxable
 ye> 7det]m9$ be=e ! application (      
p>agraph 7#a7 = su* succe$+ taxable     
ye>74  7d7 ,s*ool infra/ructure bond    
7#a7 ,9 g5]al ,= purposes ( ?is section1
 ! t]m s*ool infra/ructure bond means   
any bond issu$ z "p ( an issue if-- 7,a7
 #ajj p]c5t ( ! available project       
proce$s ( su* issue are to be us$ = !   
purposes describ$ 9 section #aja7;c77#a7
 ( ! ,s*ool ,build+ ,improvem5t ,act (  
#bjag1  7,b7 ! int]e/ on su* obligation 
w\ld 7b = ?is section7 be excludable f  
gross income "u section #ajc1  7,c7 !   
issue meets ! requirem5ts ( p>agraph    
7#c71 &  7,d7 ! issu] designates su*    
bond = purposes ( ?is section4  7#b7    
,applicable rules ,= purposes ( apply+  
p>agraph 7#a7-- 7,a7 = purposes (       
section #adi7;b71 a s*ool infra/ructure 
bond %all n be treat$ z f$]ally gu>ante$
 by reason ( ! cr$it all[$ "u subsection

 7a7 or section #fdca1  7,b7 = purposes 
( section #adh1 ! yield on a s*ool      
infra/ructure bond %all be det]m9$ )\t  
reg>d to ! cr$it all[$ "u subsection    
7a71 &  7,c7 a bond %all n be treat$ z a
 s*ool infra/ructure bond if ! issue    
price has m ?an a de m9imis am\nt       
7det]m9$ "u rules simil> to ! rules (   
section #abgc7;a77#c77 ( premium ov] !  
/at$ pr9cipal am\nt ( ! bond4  7#c7     
#f-ye> exp5diture p]iod  7,a7 ,9 g5]al  
,an issue %all be treat$ z meet+ !      
requirem5ts ( ?is p>agraph if1 z ( !    
date ( issuance1 ! issu] reasonably     
expects #ajj p]c5t ( ! available project
 proce$s to be sp5t = purposes describ$ 
9 section #aja7;c77#a7 ( ! ,s*ool       
,build+ ,improvem5t ,act ( #bjag )9 !   
#f-ye> p]iod beg9n+ on su* date (       
issuance4  7,b7 ,failure to sp5d requir$
 am\nt ( bond proce$s )9 #f ye>s ,to !  
ext5t t less ?an #ajj p]c5t ( !         
available project proce$s ( ! issue are 
exp5d$ at ! close ( ! p]iod describ$ 9  
subp>agraph 7,a7 ) respect to su* issue1

 ! issu] %all r$eem all ( ! nonqualifi$ 
bonds )9 #ij days aft] ! end ( su*      
p]iod4 ,= purposes ( ?is p>agraph1 !    
am\nt ( ! nonqualifi$ bonds requir$ to  
be r$eem$ %all be det]m9$ 9 ! same mann]
 z "u section #adb4  7e7 ,limitation on 
am\nt ( bonds designat$ ,! maximum      
aggregate face am\nt ( bonds issu$ dur+ 
any cal5d> ye> :i* may be designat$ "u  
subsection 7d7 by any issu] %all n exce$
 ! limitation am\nt allocat$ "u         
subsection 7g7 = su* cal5d> ye> to su*  
issu]4  7f7 ,national limitation on     
am\nt ( bonds designat$ ,! national     
qualifi$ s*ool con/ruction bond         
limitation = ea* cal5d> ye> is-- 7#a7   
#aj1jjj1jjj1jjj = #bjah1  7#b7          
#aj1jjj1jjj1jjj = #bjai1 &  7#c7        
#aj1jjj1jjj1jjj = #bjbj4  7g7           
,allocation ( limitation  7#a7          
,allocation among ,/ates ,except z      
o!rwise provid$ 9 ?is subsection1 !     
limitation applicable "u subsection 7f7 
= any cal5d> ye> %all be allocat$ by !  
,secret>y among ! ,/ates 9 proportion to

 ! respective am\nts receiv$ by ea*     
,/ate "u "p ,a ( title ,i ( ! ,elem5t>y 
& ,second>y ,education ,act ( #aife 7#bj
 ,u4,s4,c4 #fcaa et seq47 = ! fiscal ye>
 end+ 9 ! prec$+ cal5d> ye> relative to 
! total su* am\nt receiv$ by all ,/ates 
= su* fiscal ye>4 ,! limitation am\nt   
allocat$ to a ,/ate "u ! prec$+ s5t5ce  
%all be allocat$ by ! ,/ate education   
ag5cy 7or su* o!r ag5cy z is au?oriz$ "u
 ,/ate law to make su* allocation7 to   
issu]s )9 su* ,/ate 9 accordance ) !    
crit]ia describ$ 9 subp>agraphs 7,b7 &  
7,c7 ( section #aja7;b77#b7 ( ! ,s*ool  
,build+ ,improvem5t ,act ( #bjag 7z 9   
effect on ! date ( ! enactm5t ( ?is     
section74  7#b7 ,/ate m9imum ,no ,/ate  
receiv+ an allocation "u p>agraph 7#a7 =
 a cal5d> ye> %all receive less ?an     
#a_/b ( #a p]c5t ( ! total am\nt s      
allocat$ = su* cal5d> ye>4  7#c7 ,pu]to 
,rico ,! am\nt allocat$ "u p>agraph 7#a7
 to ! ,commonweal? ( ,pu]to ,rico = any 
cal5d> ye> %all n exce$ #a_/b ( #a p]c5t
 ( ! total am\nt s allocat$ = su* cal5d>

 ye>4  7#d7 ,allocations to c]ta9       
possessions ,f ! limitation "u          
subsection 7f7 = any cal5d> ye>1 !      
,secret>y %all res]ve #a_/b ( #a p]c5t  
to be allocat$ to possessions ( ! ,unit$
 ,/ates o!r ?an ,pu]to ,rico = su*      
cal5d> ye>1 & no allocation %all be made
 to su* possessions "u p>agraph 7#a74 ,!
 am\nt to be allocat$ "u p>agraphs 7#a71
 7#b71 & 7#c7 %all be r$uc$ by !        
aggregate am\nt allocat$ "u ?is p>agraph
 & p>agraph 7#e74  7#e7 ,allocations =  
,indian s*ools ,f ! limitation "u       
subsection 7f7 = any cal5d> ye>1 !      
,secret>y %all res]ve #a_/b ( #a p]c5t  
to be allocat$ to ! ,secret>y ( !       
,int]ior = s*ools fund$ by ! ,bureau (  
,indian ,education = su* cal5d> ye>1 &  
no allocation %all be made ) respect to 
su* s*ools "u p>agraph 7#a74  7h7       
,int]e/ ,paym5t ,date ,= purposes ( ?is 
section1 ! t]m int]e/ paym5t date means 
any date on :i* ! hold] ( record ( !    
s*ool infra/ructure bond is entitl$ to a
 paym5t ( int]e/ "u su* bond4  7i7      

,special ,rules  7#a7 ,int]e/ on s*ool  
infra/ructure bonds includible 9 gross  
income = f$]al income tax purposes ,=   
purposes ( ?is title1 int]e/ on any     
s*ool infra/ructure bond %all be        
includible 9 gross income4  7#b7        
,application ( c]ta9 rules ,rules simil>
 to ! rules ( subsections 7f71 7g71 7h71
 & 7i7 ( section #ed;,a %all apply =    
purposes ( ! cr$it all[$ "u subsection  
7a74  7#c7 ,application ( c]ta9 labor   
/&>ds ,not)/&+ any o!r provision ( law1 
a s*ool infra/ructure bond %all be      
treat$ z a qualifi$ s*ool con/ruction   
bond = purposes ( ! application (       
section #afja ( ! ,am]ican ,recov]y &   
,re9ve/m5t ,act ( #bjji 7,public ,law   
#aaa-e2 #bf ,u4,s4,c4 #ed;,c note474  4 
7b7 ,cl]ical am5dm5ts  7#a7 ,! table (  
subp>ts = "p ,,iv ( sub*apt] ,a ( *apt] 
#a ( ! ,int]nal ,rev5ue ,code ( #aihf is
 am5d$ by am5d+ ! item relat$ to subp>t 
,j to read z foll[s3  ,subp>t ,j--,c]ta9
 infra/ructure bonds  4  7#b7 ,! table (
 sections = subp>t ,j ( "p ,,iv (       

sub*apt] ,a ( *apt] #a ( su* ,code is   
am5d$ by add+ at ! end ! foll[+ new     
item3  ,sec4 #ed;,,bb4 ,s*ool           
infra/ructure bonds4  4  7c7            
,transitional ,coord9ation ,) ,/ate ,law
 ,except z o!rwise provid$ by a ,/ate   
aft] ! date ( ! enactm5t ( ?is ,act1 !  
int]e/ on any s*ool infra/ructure bond  
7z def9$ 9 section #ed;,,bb ( ! ,int]nal
 ,rev5ue ,code ( #aihf1 z add$ by ?is   
section7 & ! am\nt ( any cr$it det]m9$  
"u su* section ) respect to su* bond    
%all be treat$ = purposes ( ! income tax
 laws ( su* ,/ate z be+ exempt f ,f$]al 
income tax4  7d7 ,cr$it = qualifi$ bonds
 all[$ to issu] ,p>agraph 7#c7 ( section
 #fdca7;f7 ( ! ,int]nal ,rev5ue ,code ( 
#aihf is am5d$ by ins]t+ any s*ool      
infra/ructure bond 7z def9$ 9 section   
#ed;,,bb7 or be=e any qualifi$ tax cr$it
 bond4  7e7 ,seque/ration ,subp>agraph  
7,a7 ( section #bee7;g77#a7 ( ! ,balanc$
 ,budget & ,em]g5cy ,deficit ,control   
,act ( #aihe is am5d$ by add+ be=e      
,po/al ,s]vice ,fund ! foll[+3 ,paym5ts 

"u section #ed;,,bb ( ! ,int]nal ,rev5ue
 ,code ( #aihf44  7f7 ,effective ,date  
,! am5dm5ts made by ?is section %all    
apply to obligations issu$ aft] ,decemb]
 #ca1 #bjag4  #bjb4 ,expansion (        
qualifi$ zone academy bonds  7a7        
,con/ruction ( a public s*ool facility  
,subp>agraph 7,a7 ( section             
#ed;,e7d77#c7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf is am5d$ by /rik+ rehabilitat+ 
or repair+ & ins]t+ con/ruct+1          
rehabilitat+1 retr(itt+1 or repair+4    
7b7 ,removal ( private bus9ess          
contribution requirem5t ,section #ed;,e 
( ! ,int]nal ,rev5ue ,code ( #aihf is   
am5d$-- 7#a7 9 subsection 7a77#c7--     
7,a7 9 subp>agraph 7,a71 by ins]t+ & at 
! end2  7,b7 by /rik+ subp>agraph 7,b72 
&  7,c7 by r$esignat+ subp>agraph 7,c7 z
 subp>agraph 7,b72  7#b7 by /rik+       
subsection 7b7 & r$esignat+ subsections 
7c7 & 7d7 z subsections 7b7 & 7c71      
respectively2 &  7#c7 9 p>agraph 7#a7 ( 
subsection 7b7 7z s r$esignat$7-- 7,a7  
by /rik+ & #djj1jjj1jjjj & ins]t+       

#djj1jjj1jjj2 &  7,b7 by /rik+ &1 except
 z provid$ & all t foll[s ?r\gh ! p]iod 
at ! end & ins]t+ 1 & #a1djj1jjj1jjj =  
#bjah & ea* ye> !reaft]44  7c7          
,effective date ,! am5dm5ts made by ?is 
section %all apply to obligations issu$ 
aft] ,decemb] #ca1 #bjag4  #bjc4 ,annual
 report on bond program  7a7 ,9 g5]al ,n
 lat] ?an ,septemb] #cj ( ea* fiscal ye>
 beg9n+ aft] ! date ( ! enactm5t ( ?is  
,act1 ! ,secret>y %all prep>e & submit  
to ! ,committee on ,heal?1 ,education1  
,labor1 & ,p5sions ( ! ,s5ate & !       
,committee on ,education & ! ,work=ce ( 
! ,h\se ( ,repres5tatives a report on ! 
s*ool infra/ructure bond program4  7b7  
,elem5ts ,! report "u subsection 7a7    
%all include1 ) respect to ! fiscal ye> 
prec$+ ! ye> 9 :i* ! report is submitt$1
 ! foll[+3  7#a7 ,an id5tification (--  
7,a7 ea* local educational ag5cy t      
receiv$ funds f a s*ool infra/ructure   
bond2 &  7,b7 ea* local educational     
ag5cy t 0 eligible to receive su*       
funds-- 7i7 b did n receive su* funds2  

or  7ii7 receiv$ less ?an ! maximum     
am\nt ( funds = :i* ! ag5cy 0 eligible4 
7#b7 ,) respect to ea* local educational
 ag5cy describ$ 9 p>agraph 7#a7--  7,a7 
an assessm5t ( ! capacity ( ! ag5cy to  
raise funds = ! long-t]m improvem5t (   
public s*ool facilities1 z det]m9$ by an
 assessm5t (--  7i7 ! curr5t & hi/oric  
ability ( ! ag5cy to raise funds =      
con/ruction1 r5ovation1 mod]nization1 & 
major repair projects = s*ools1 includ+ 
! ability ( ! ag5cy to raise funds ?r\gh
 imposition ( prop]ty taxes2  7ii7 :e!r 
! ag5cy has be5 able to issue bonds to  
fund con/ruction projects1 includ+ su*  
bonds z--  7,i7 qualifi$ s*ool          
con/ruction bonds "u section #ed;,f ( ! 
,int]nal ,rev5ue ,code ( #aihf2  7,,ii7 
qualifi$ zone academy bonds "u section  
#acig;,e ( ! ,int]nal ,rev5ue ,code (   
#aihf2 &  7,,iii7 s*ool infra/ructure   
bonds2 &  7iii7 ! bond rat+ ( ! ag5cy2  
7,b7 ! demographic composition ( ! /ud5t
 population s]v$ by ! ag5cy1            
disaggregat$1 by numb] & p]c5tage1 by-- 

7i7 race2  7ii7 /atus z a /ud5t c\nt$ "u
 section #aabd7;c7 ( ! ,elem5t>y &      
,second>y ,education ,act ( #aife 7#bj  
,u4,s4,c4 #fccc7;c772 &  7iii7          
eligibility = a free or r$uc$ price lun*
 "u ! ,ri*>d ,b4 ,russell ,national     
,s*ool ,lun* ,act 7#db ,u4,s4,c4 #agea  
et seq472  7,c7 ! population d5sity ( ! 
geographic area s]v$ by ! ag5cy2  7,d7 a
 description ( ! projects c>ri$ out )   
funds receiv$ f s*ool infra/ructure     
bonds2  7,e7 a description ( !          
demon/rable or expect$ b5efits ( !      
projects2 &  7,f7 ! e/imat$ numb] ( jobs
 creat$ by ! projects4  7#c7 ,! total   
doll> am\nt ( all funds receiv$ by local
 educational ag5cies f s*ool            
infra/ructure bonds4  7#d7 ,any o!r     
factors t ! ,secret>y det]m9es to be    
appropriate4  7c7 ,in=mation collection 
,a ,/ate or local educational ag5cy t   
receives funds f a s*ool infra/ructure  
bond %all--  7#a7 annually compile !    
in=mation necess>y = ! ,secret>y to     
det]m9e ! elem5ts describ$ 9 subsection 

7b72 &  7#b7 report ! in=mation to !    
,secret>y at su* "t & 9 su* mann] z !   
,secret>y may require4  ,,iii ,g5]al    
provisions  #cja4 ,use ( ,am]ican iron1 
/eel1 & manufactur$ products  7a7 ,9    
g5]al ,a local educational ag5cy t      
receives cov]$ funds %all ensure t any  
iron1 /eel1 & manufactur$ products us$ 9
 projects c>ri$ out ) su* funds are     
produc$ 9 ! ,unit$ ,/ates4  7b7 ,waiv]  
au?ority  7#a7 ,9 g5]al ,! ,secret>y may
 waive ! requirem5t ( subsection 7a7 if 
! ,secret>y det]m9es t-- 7,a7 apply+    
subsection 7a7 w\ld be inconsi/5t ) !   
public int]e/2  7,b7 iron1 /eel1 &      
manufactur$ products produc$ 9 ! ,unit$ 
,/ates are n produc$ 9 a suffici5t &    
reasonably available am\nt or are n ( a 
satisfactory quality2 or  7,c7 us+ iron1
 /eel1 & manufactur$ products produc$ 9 
! ,unit$ ,/ates w increase ! co/ ( !    
ov]all project by m ?an #be p]c5t4  7#b7
 ,publication ,be=e issu+ a waiv] "u    
p>agraph 7#a71 ! ,secret>y %all publi% 9
 ! ,f$]al ,regi/] a detail$ writt5      

explanation ( ! waiv] det]m9ation4  7c7 
,consi/5cy ) int]national agreem5ts ,?is
 section %all be appli$ 9 a mann]       
consi/5t ) ! obligations ( ! ,unit$     
,/ates "u int]national agreem5ts4  7d7  
,def9itions ,9 ?is section3 7#a7        
,produc$ 9 ! ,unit$ ,/ates  7,a7 ,9     
g5]al ,! t]m produc$ 9 ! ,unit$ ,/ates  
means ! foll[+3  7i7 ,:5 us$ ) respect  
to a manufactur$ product1 ! product 0   
manufactur$ 9 ! ,unit$ ,/ates & ! co/ ( 
! compon5ts ( su* product t 7 m9$1      
produc$1 or manufactur$ 9 ! ,unit$      
,/ates exce$s #fj p]c5t ( ! total co/ ( 
all compon5ts ( ! product4  7ii7 ,:5 us$
 ) respect to iron or /eel products1 or 
an individual compon5t ( a manufactur$  
product1 all manufactur+ processes = su*
 iron or /eel products or compon5ts1 f !
 initial melt+ /age ?r\gh ! application 
( coat+s1 occurr$ 9 ! ,unit$ ,/ates4    
7,b7 ,exclusions ,! t]m produc$ 9 !     
,unit$ ,/ates does n include ! foll[+3  
7i7 ,/eel or iron mat]ial or products   
manufactur$ abroad f semi-f9i%$ /eel or 

iron f ! ,unit$ ,/ates4  7ii7 ,iron     
mat]ial or products manufactur$ 9 !     
,unit$ ,/ates f semi-f9i%$ /eel or iron 
( =eign orig94  7#b7 ,manufactur$       
product ,! t]m manufactur$ product means
 any con/ruction mat]ial or end product 
7z su* t]ms are def9$ 9 "p #be4jjc ( !  
,f$]al ,acquisition ,regulation7 t is n 
an iron or /eel product1 includ+--  7,a7
 electrical compon5ts2 &  7,b7 nonf]r\s 
build+ mat]ials1 includ+ alum9um &      
polyv9yl*loride 7,,pvc71 glass1 fib]    
optics1 pla/ic1 wood1 masonry1 rubb]1   
manufactur$ /one1 any o!r nonf]r\s      
metal1 & any unmanufactur$ con/ruction  
mat]ial4  #cjb4 ,comptroll] ,g5]al      
report  7a7 ,9 g5]al ,n lat] ?an #b ye>s
 aft] ! date ( ! enactm5t ( ?is ,act1 ! 
,comptroll] ,g5]al ( ! ,unit$ ,/ates    
%all prep>e & submit to ! ,committee on 
,heal?1 ,education1 ,labor1 & ,p5sions (
 ! ,s5ate & ! ,committee on ,education &
 ! ,work=ce ( ! ,h\se ( ,repres5tatives 
a report on ! projects c>ri$ out ) cov]$
 funds4  7b7 ,elem5ts ,! report "u      

subsection 7a7 %all include an assessm5t
 (-- 7#a7 ! types ( projects c>ri$ out )
 cov]$ funds2  7#b7 ! geographic        
di/ribution ( ! projects2  7#c7 an      
assessm5t ( ! impact ( ! projects on !  
heal? & safety ( s*ool /aff & /ud5ts2 & 
7#d7 h[ ! ,secret>y or ,/ates c\ld make 
cov]$ funds m accessible-- 7,a7 to      
public elem5t>y or second>y s*ools ) !  
highe/ numb]s & p]c5tages ( /ud5ts c\nt$
 "u section #aabd7;c7 ( ! ,elem5t>y &   
,second>y ,education ,act ( #aife 7#bj  
,u4,s4,c4 #fccc7;c772 &  7,b7 to public 
elem5t>y or second>y s*ools ) fiscal    
*all5ges 9 rais+ capital = s*ool        
infra/ructure projects4  7c7 ,updates ,!
 ,comptroll] ,g5]al %all update &       
resubmit ! report to ! ,committee on    
,heal?1 ,education1 ,labor1 & ,p5sions (
 ! ,s5ate & ! ,committee on ,education &
 ! ,work=ce ( ! ,h\se (                 
,repres5tatives--  7#a7 on a date t is  
betwe5 #e & #f ye>s aft] ! date (       
enactm5t ( ?is ,act2 &  7#b7 on a date t
 is betwe5 #aj & #aa ye>s aft] su* date 

( enactm5t4  #cjc4 ,/udies & reports on 
! physical condition ( public s*ools    
7a7 ,/udies & reports ,n less frequ5tly 
?an once 9 ea* #e-ye> p]iod beg9n+ aft] 
! date ( enactm5t ( ?is ,act1 !         
,secret>y1 act+ ?r\gh ! ,director ( !   
,in/itute ( ,education ,sci5ces1 %all-- 
7#a7 c>ry out a compreh5sive /udy ( !   
physical conditions ( public elem5t>y   
s*ools & second>y s*ools 9 ! ,unit$     
,/ates1 includ+ su* s*ools t receiv$    
cov]$ funds & su* s*ools t did n receive
 cov]$ funds2 &  7#b7 prep>e & submit a 
report to ! ,committee on ,heal?1       
,education1 ,labor1 & ,p5sions ( !      
,s5ate & ! ,committee on ,education & ! 
,work=ce ( ! ,h\se ( ,repres5tatives t  
includes ! results ( ! /udy4  7b7       
,elem5ts ,ea* /udy & report "u          
subsection 7a7 %all include an assessm5t
 (-- 7#a7 ! effect ( public s*ool       
facility conditions on /ud5t & /aff     
heal? & safety2  7#b7 ! effect ( public 
s*ool facility conditions on /ud5t      
academic outcomes2  7#c7 ! condition (  

public s*ool facilities1 set =?         
sep>ately by geographic region2  7#d7 ! 
condition ( public s*ool facilities =   
economically disadvantag$ /ud5ts z well 
z /ud5ts f major racial & e?nic         
subgr\ps2 &  7#e7 ! accessibility (     
public s*ool facilities = /ud5ts1 &     
/aff1 ) disabilities4  #cjd4 ,developm5t
 ( data /&>ds  7a7 ,data /&>ds ,n lat]  
?an #abj days aft] ! date ( enactm5t (  
?is ,act1 ! ,secret>y1 9 consultation ) 
! (ficials describ$ 9 subsection 7b71   
%all--  7#a7 id5tify ! data t ,/ates    
%\ld collect & include 9 ! databases    
develop$ "u section                     
#aja7;b77#a77;,b77ii72  7#b7 develop    
/&>ds = ! measurem5t ( su* data2 &  7#c7
 issue guidance to ,/ates conc]n+ !     
collection & measurem5t ( su* data4  7b7
 ,(ficials ,! (ficials describ$ 9 ?is   
subsection are-- 7#a7 ! ,adm9i/rator ( !
 ,environm5tal ,protection ,ag5cy2  7#b7
 ! ,secret>y ( ,en]gy2  7#c7 ! ,director
 ( ! ,c5t]s = ,disease ,control &       
,prev5tion2 &  7#d7 ! ,director ( !     

,national ,in/itute = ,occupational     
,safety & ,heal?4  #cje4 ,in=mation     
cle>+h\se  7a7 ,9 g5]al ,n lat] ?an #abj
 days aft] ! date ( enactm5t ( ?is ,act1
 ! ,secret>y %all e/abli% a cle>+h\se to
 dissem9ate in=mation on ,f$]al programs
 & f9anc+ me*anisms t may be us$ to     
assi/ public elem5t>y s*ools & second>y 
s*ools 9 initiat+1 develop+1 & f9anc+-- 
7#a7 en]gy effici5cy projects2  7#b7    
di/ribut$ g5]ation projects2 &  7#c7    
en]gy retr(itt+ projects4  7b7 ,elem5ts 
,9 c>ry+ out subsection 7a71 ! ,secret>y
 %all--  7#a7 consult ) ! (ficials      
describ$ 9 section #cjd7;b7 to develop a
 li/ ( ,f$]al programs & f9anc+         
me*anisms to be includ$ 9 ! cle>+h\se2 &
  7#b7 coord9ate ) su* (ficials to      
develop a collaborative education &     
outrea* ef=t to /reaml9e communications 
& promote ! ,f$]al programs & f9anc+    
me*anisms includ$ 9 ! cle>+h\se1 :i* may
 include ! developm5t & ma9t5ance ( a   
s+le onl9e res\rce t includes contact   
in=mation = relevant te*nical assi/ance 

t may be us$ by ,/ates1 local           
educational ag5cies1 & s*ools to        
effectively access & use su* ,f$]al     
programs & f9anc+ me*anisms4  ,,iv      
,impact aid con/ruction  #dja4 ,tempor>y
 increase 9 fund+ = impact aid          
con/ruction ,section #gjad7;d7 ( !      
,elem5t>y & ,second>y ,education ,act ( 
#aife 7#bj ,u4,s4,c4 #ggad7;d77 is am5d$
 to read z foll[s3  7d7                 
,con/ruction4--,= ! purpose ( c>ry+ out 
section #gjjg1 !re are au?oriz$ to be   
appropriat$-- 7#a7 #ag1djf1jjj = fiscal 
ye> #bjag2  7#b7 #ej1djf1jjj = ea* (    
fiscal ye>s #bjah & #bjai2 &  7#c7      
#eb1gef1gfe = fiscal ye> #bjbj4  4