H.R. 9698 proposes changes to the Internal Revenue Code to introduce School Infrastructure Finance and Innovation Tax Credit Bonds (SIFIA bonds). These bonds are intended to finance the design, construction, and renovation of net-zero energy school buildings with the involvement of private...
Simple Explanation
H.R. 9698 is a plan to help schools get money to build or fix up buildings to be super energy-efficient. The idea is for schools to work with private companies, getting special bonds that are like fancy IOUs, and these bonds can even get tax benefits, so it's easier to pay for these schools.