To amend the Internal Revenue Code of 1986 to establish a tax credit for Qualified Community College Bonds, and for other purposes.
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 amend the Internal Revenue Code of 1986 to establish a tax credit for Qualified Community College Bonds, and for other purposes., changes federal law or congressional policy affecting schools, students, and education providers. The main policy domain is Education, Transportation, Labor.
Who Benefits and How
schools, students, and education providers 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, schools, students, and education providers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section S1: 1. Short title This Act may be cited as the Community College Infrastructure Financing Act.
- Section id751B1735F85C43849694BC1FB81D8385: 2. Tax Credit for Qualified Community College Bonds Part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after...
- Section id6E1DDE1B39A14FE9B79B6A54D932F707: 54. Qualified Community College Bonds For purposes of this subchapter, the term qualified community college bond means any bond issued as part of an issue if—...
- Section H7034477B0F25471AB5AF6242F2949856: 3. Credit to holders and issuers of Qualified Community College Bonds Section 54A of the Internal Revenue Code of 1986, as in effect on the day before repeal...
- Section id46DE9CFE0E9A40C5817913E3F0C536AC: 4. Effective date The amendments made by this Act shall apply to obligations issued after the date of the enactment of this Act.
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 amend the Internal Revenue Code of 1986 to establish a tax credit for Qualified Community College Bonds, and for other purposes., changes federal law or congressional policy affecting schools, students, and education providers.
Key Policy Areas
Education, Transportation, Labor
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to establish a tax credit for Qualified Community College Bonds, and for other purposes., changes federal law or congressional policy affecting schools, students, and education providers.
Policy Domains
Whole bill
Identified Gains
- schools, students, and education providers
Identified Costs
- federal implementing agencies
- schools, students, and education providers
Legislative Progress
IntroducedMr. Casey introduced the following bill; which was read twice …
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?
- "secretary_of_labor"
- → Secretary of Labor
- "secretary_of_education"
- → Secretary of Education
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