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US SB3777
Bill
AI Summary
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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
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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
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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
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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
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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