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Qualified School Construction Bonds (QSCB) are a U.S. debt instrument created by Section 1521 of the American Recovery and Reinvestment Act of 2009.The Tax Cuts and Jobs Act of 2017 eliminated QSCB issuances as of January 1, 2018, rendering any unissued allocation void, although all previously issued QSCBs remain valid as long as they are not reissued. [1]
Tax-free municipal bonds are not just a source of investment but also a significant contributor to public projects such as roads, schools and hospitals. These debt instruments are issued by local ...
Public schools (K-12) located in empowerment zones or enterprise communities and public schools with 35% or more of their student body on the free and/or reduced price lunch programs are eligible to participate. In order for a school district or charter school to participate, a Zone Academy must be created or documented.
The measure designates $7 billion for K-12 projects falling under four types of projects (new construction, modernization, career technical education facilities, and charter school facilities), and $2 billion for any facility project for community colleges. [2] No other bond measures related to education have been on the California ballot since ...
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A bond is a form of debt where the bond issuer borrows money in return for paying interest and returning the bond’s principal to the buyer when the bond matures. Bonds are commonly issued by ...
The American Rescue Plan increased the credit to an annual $3,000 per child ($3,600 for children under age 6), from $2,000. It raised the maximum age of children eligible for the credit to 17 from 16.
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