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US SB3777

Bill

Status

Introduced

2/4/2026

Primary Sponsor

Jack Reed

Click for details

Origin

Senate

119th Congress

AI Summary

  • Authorizes $20 billion annually for fiscal years 2027-2031 in federal grants to states for public school facility improvements, distributed based on Title I funding formulas with priority given to high-poverty districts with limited bonding capacity

  • Creates $10 billion annually (2027-2029) in school infrastructure bonds and restores qualified zone academy bonds at $1.4 billion per year, providing tax credits to bondholders to finance school construction, renovation, and modernization projects

  • Requires states to develop searchable public databases inventorying all school facilities, including building age, safety inspection results, environmental hazards (lead, asbestos, PFAS), and energy efficiency needs, updated every three years

  • Mandates that funded projects meet national building codes, energy conservation standards, and green building certification (LEED or equivalent), with requirements for American-made iron, steel, and manufactured products

  • Increases Impact Aid construction funding to $100 million annually for federally-connected schools and establishes a separate grant program for schools with concrete foundations damaged by pyrrhotite mineral contamination

Legislative Description

Rebuild America’s Schools Act of 2026

Education

Last Action

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S491)

2/4/2026

Committee Referrals

Finance2/4/2026

Full Bill Text

No bill text available