ERIC Number: ED454684
Record Type: Non-Journal
Publication Date: 1998-May-15
Reference Count: N/A
U.S. Department of Education Guidance on the Qualified Zone Academy Bonds (Section 226 of the Taxpayer's Relief Act of 1997, Section 1397E of the Internal Revenue Code).
Department of Education, Washington, DC.
Beginning in 1998, state and local governments can issue Qualified Zone Academy Bonds (QZABs) to raise funds for use of a Qualified Zone Academy. Banks and other lending institutions can receive tax credit as an incentive to hold these bonds. This document provides guidance on how states, school districts, and schools can link to QZABs and how other Federal education programs may support innovative school partnerships. It offers suggestions that allow for creative partnerships between a school and a business and presents examples of ways school/business partnerships and QZABs could work. (GR)
Descriptors: Educational Facilities Improvement, Financial Support, Guidelines, Public Schools, School Business Relationship
For full text: http://www.ed.gov/offices/OVAE/qzabfin.html.
Publication Type: Guides - Non-Classroom
Education Level: N/A
Authoring Institution: Department of Education, Washington, DC.