Bill · H.R. 7570· House(119-HR-7570)
Reinvest in Public Schools Act of 2026
- Introduced
- 2/13/2026
- Last activity
- 2/13/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Wesley Bell
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill is known as the Reinvest in Public Schools Act of 2026. It was introduced in the House of Representatives by Mr. Bell alongside Ms. Kelly of Illinois on February 13, 2026. The legislation amends the Internal Revenue Code of 1986. Its main goal is to allow certain advance refunding bonds for public school districts to be tax-exempt. The bill specifically targets bonds where all available project proceeds are used for public school facility construction, rehabilitation, repair, or land acquisition. The new rules apply to advance refunding bonds issued after the date the act is enacted.
Yes· 3 of 16
Would students be better off under this?+5
Students directly benefit from safer, better-maintained, and more modern educational facilities.
Does this put more money into public schools?+5
The legislation facilitates lower borrowing costs for public school construction and repair by permitting tax-exempt advance refunding bonds.
Would children be better off under this?+4
Improved and newly constructed public school facilities directly enhance the learning environments for school-aged children.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Section 2 allows certain advance refunding bonds issued by a state or local government to be tax-exempt if 100 percent of the available project proceeds are used for the construction, rehabilitation, or repair of a public school facility, or the acquisition of land for that facility. This could benefit communities by helping finance public school improvements under older tax rules in effect on December 21, 2017.
Potential Negative Impacts for People
- Based on the provided text, there are no specific negative impacts or burdens identified for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Students+5Good For Children+4Good For Low Income Households+2Good For Middle Class Households+2Good For Rural Residents+2Good For Union Workers+2Good For Urban Residents+2Good For Young Adults+2Good For African Americans+1Good For Hispanic Americans+1Good For People With Disabilities+1
- Education And Technology
- Increases Public School Funding+5
- Economy And Finance
- Increases Job Creation+2Improves Economic Growth+1
- Environment Energy And Infrastructure
- Improves Rural Development+2
- Governance And Ideology
- Increase States Rights+2
- 2/13/2026
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
Robin KellyDemocrat · Illinois