S2608-118

Introduced

To provide for the long-term improvement of public school facilities, and for other purposes.

118th Congress Introduced Jul 27, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To provide for the long-term improvement of public school facilities, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Education.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H18C58230CE7C4382A67068F6F6E8B793: 1. Short title; table of contents This Act may be cited as the Rebuild America’s Schools Act of 2023. The table of contents for this Act is as follows:
  • Section HB6ED4DF757194354BC616EA2A7A6F2DE: 2. Definitions In this Act: The term appropriate congressional committees means the Committee on Education and the Workforce of the House of Representatives...
  • Section H8B13E67DF3FD46818BEADF3455038313: 101. Purpose and reservation Funds made available under this title shall be for the purpose of supporting long-term improvements to public school facilities in...
  • Section HF37DB22E44FF4700A17A32C2731FFCE8: 102. Allocation to States Of the amount appropriated to carry out this title for fiscal year 2024 and not reserved under section 101(b), not later than 30 days...
  • Section H069F2D0AAF64425B899CF559A7A24DEC: 103. Need-based grants to qualified local educational agencies Subject to paragraph (2), from the amounts allocated to a State under section 102(a) and...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To provide for the long-term improvement of public school facilities, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Government Operations, Education

Primary Purpose

This bill, To provide for the long-term improvement of public school facilities, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Government Operations Education

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
financial institutions, investors, and borrowers: ,
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: ,
financial institutions, investors, and borrowers: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jul 27, 2023

Mr. Reed (for himself, Mr. Brown, Mr. Merkley, Mr. Luján, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Government Operations Education
Actor Mappings
"secretary_of_energy"
→ Secretary of Energy
"administrator_of_epa"
→ Administrator of the Environmental Protection Agency
"secretary_of_treasury"
→ Secretary of the Treasury
"secretary_of_education"
→ Secretary of Education

Key Definitions

Terms defined in this bill

3 terms
"manufactured product" §H559268ECEF184DEEB9CD63CBA7EA001B

any construction material or end product (as such terms are defined in part 25.003 of the Federal Acquisition Regulation) that is not an iron or steel product, including— electrical components

"net zero energy school" §HB6ED4DF757194354BC616EA2A7A6F2DE

a public elementary school or public secondary school that— generates renewable energy on-site

"total school facilities capital expenditures in the State," §HF37DB22E44FF4700A17A32C2731FFCE8

the sum of— the total State expenditures calculated under clause (iv)

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology