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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]
For example, on the Nov. 5 ballot, Issaquah voters were asked to approve a $642.3 million School Modernization and Construction Bond. About 50.08% of voters approved the measure, short of the 60% ...
Low-income children are a full year behind by 14, and the total achievement gap between the richest and poorest 10% has grown by 30-40% in 25 years. [24] Increasing school revenues by 10% would lead to an average of more years of education completed, future wage earnings increasing by 7.25%, and 3.67% less future poverty each year.
Children with scrap metal in Lititz, Pennsylvania, November 1942. The Schools at War program was led by the director of the education division of the War Savings Staff of the Treasury Department, Homer W. Anderson, and was intended to unify and coordinate the effort of 30 million school children in support of the war effort. [2]
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 ...
Finally, another benefit of buying I bonds for your children or grandchildren is the tax advantages. The interest is typically subject to federal income tax, but exempt from state and local taxes.
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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