H.R. 1999 · 111th Congress
Temporary Recession Aid for Schools and Taxpayers Act
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
Temporary Recession Aid for Schools and Taxpayers Act - Directs the Secretary of Education to award three-year grants to local governments for elementary and secondary education programs within their jurisdiction if they experience at least a 15% decrease in property tax revenues from FY2008 to FY2009 or from FY2009 to FY2010.
What it does: CRS summary · Introduced in House · Apr 21, 2009
Temporary Recession Aid for Schools and Taxpayers Act - Directs the Secretary of Education to award three-year grants to local governments for elementary and secondary education programs within their jurisdiction if they experience at least a 15% decrease in property tax revenues from FY2008 to FY2009 or from FY2009 to FY2010.
Allows local governments to apply for two separate grants if they experience at least a 15% decrease in property tax revenues in each of such time periods.
Gives priority to local governments that experience the largest decreases in property tax revenues relative to their tax base and whose decrease is attributable to the permanent or temporary shutdown or closure of a large employer or several small employers.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Temporary Recession Aid for Schools and Taxpayers Act
Latest action (May 21, 2009): Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
Policy area: Education · Origin: House · Introduced: Apr 21, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.