More than a decade ago in his first term, U.S. Rep. Bob Etheridge introduced a bill to give tax credits to school districts for new construction.
Thursday, in his first vote as a member of the powerful Ways and Means Committee, Etheridge said "aye" to legislation including his proposal, Barb Barrett reports.
The Ways and Means Committee approved the House version of the economic stimulus package by a 24-13 vote. Included in it is $25 billion to help local school districts get zero-interest construction bonds.
According to Etheridge’s office, North Carolina would get $448 million in the bonds, which could create or sustain 10,752 jobs.
The package must still go to the full House for a vote, and then on to the Senate.
As a former state superintendent of public instruction in North Carolina, Etheridge has a particular interest in schools.
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