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School Infrastructure Modernization Act of 2023

12/15/2023, 4:07 PM

Summary of Bill S 1523

Bill 118 s 1523, also known as the School Infrastructure Modernization Act of 2023, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to provide funding for the modernization and improvement of school infrastructure across the country.

The bill proposes allocating a significant amount of federal funds towards upgrading and renovating school buildings, with a focus on improving safety, energy efficiency, and technology infrastructure. This includes repairing and replacing outdated facilities, upgrading security systems, and installing modern technology equipment to enhance the learning environment for students.

In addition to physical improvements, the School Infrastructure Modernization Act of 2023 also aims to create jobs and stimulate the economy by funding construction projects in communities across the country. By investing in school infrastructure, the bill seeks to not only improve the quality of education for students but also create a more conducive and safe learning environment. Overall, the School Infrastructure Modernization Act of 2023 is a comprehensive piece of legislation that addresses the need for modernization and improvement of school facilities in the United States. If passed, this bill has the potential to positively impact students, teachers, and communities by providing the necessary resources to upgrade and enhance school infrastructure.

Congressional Summary of S 1523

School Infrastructure Modernization Act of 2023

This bill allows rehabilitation expenditures for public school buildings to qualify for the rehabilitation tax credit.

Current Status of Bill S 1523

Bill S 1523 is currently in the status of Bill Introduced since May 10, 2023. Bill S 1523 was introduced during Congress 118 and was introduced to the Senate on May 10, 2023.  Bill S 1523's most recent activity was Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1606) as of May 10, 2023

Bipartisan Support of Bill S 1523

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1523

Primary Policy Focus

Taxation

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