(The introduction of the bills listed below are congruent with NABSE's legislative agenda.)
HR4213 House and Senate leaders just reached agreement on and released a summary of the so-called extenders bill, HR 4213, the American Jobs and Closing Tax Loopholes Act. http://waysandmeans.house.gov/press/PRArticle.aspx?NewsID=11185 (posted 5/21/10)
This bill has several provisions of interest to education, including:
- Extend the Build America Bonds program through 2012.
- Extend the R&D tax credit for one year (through 2010). This proposal is estimated to cost $6.650 billion over 10 years.
- Pension plan funding relief provisions
- $1 billion for summer youth jobs (age 16-21)
- Modify the Trade Adjustment Assistance for Communities Ė Community College and Career Training Grant Program that was enacted in the reconciliation bill, by expanding eligibility to individuals eligible for or who have exhausted eligibility for Unemployment Insurance. It also would: (1) clarify that only public and non-profit educational institutions are eligible for grants; (2) authorize the Department of Labor to spend up to five percent of program funds to administer, evaluate and establish reporting systems for the program; and (3) give the Department of Labor more flexibility by allowing it to obligate grant funds in the year that they are appropriated as well as the subsequent fiscal year.
- Extend for one year (through 2010) the above-the-line tax deduction for qualified tuition and related expenses. This proposal is estimated to cost $1.501 billion over 10 years.
- Extend for one year (through 2010) the $250 above-the-line tax deduction for teachers and other school professionals for expenses paid or incurred for books, supplies, computer equipment (including related software and service), other equipment, and supplementary materials used by the educator in the classroom. This proposal is estimated to cost $215 million over 10 years.
- Extend for one year (through 2010) the provision allowing C corporations to claim an enhanced deduction for contributions of book inventory to public schools (kindergarten through grade 12).
- Extend for one year (through 2010) the provision that encourages businesses to contribute computer equipment and software to elementary, secondary, and post-secondary schools by allowing an enhanced deduction for such contributions.
- A 6-month extension of temporary increase in Federal Medicaid Matching Rate (FMAP). The provision is estimated to cost $24 billion over 10 years.
- Expand reporting requirements for funds from the American Recovery and Reinvestment Act.
HR3772 Introduced in the House by Congressman Danny K Davis(D-IL7): The Children's Budget Act. The bill would amend Title 31 of the United States Code to require that Federal Childrenís programs be separately displayed and analyzed in the President dentís budget. Senator Mendez (D-NJ) will introduce a companion bill in the Senate this week. (posted 2/23/10)
S2887 (Murray, D- Washington) introduced to amend Title V of ESEA of 1965 to reduce class size through the use of highly qualified teachers. (posted 1/12/10)
S2896 (Franken, D-Minnesota in Senate and Hatch, R_Utah ) introduced the School Principal Recruitment and Training Act to recruit, support and prepare Principals to improve student academic achievement at high-need schools. A companion bill introduced in the House (Davis, D-Ca 53rd and Platts, R-Pa 19th). (posted 1/12/10)
Senator Kennedy re-introduces S1410---Time for Innovation Matters in Education---Act (posted 8/6/09)
The TIME Act expands school time in high-need schools so low-income students have more opportunities to learn. Itís based, and not loosely, on the model used by Mass2020 -- planning and evaluation are front and center, there is a lot of flexibility in how time is used, and schools must increase time for core academics, enrichment activities, and teacher planning and collaboration. In total, TIME authorizes $350 million in the first year and up to $500 million in 2014 for competitive grants to state education agencies, who will match a percentage of the grant (10% in first year and up from there) and then distribute at least 90% via sub grant process to locals-the rest is for state planning, evaluation and technical assistance.
We will continue to monitor to see if this shows up in the reauthorization of ESEA.