The School Infrastructure Finance and Innovation Act, known as the SIFIA Act, aims to enhance school facilities across the United States by introducing a new type of tax credit bond. This legislation seeks to stimulate investment in the design, construction, renovation, and equipping of qualified school facilities, with a strong emphasis on energy efficiency and sustainability. Central to the SIFIA Act are the SIFIA bonds, which provide bondholders with a tax credit equal to 25 percent of the annual credit determined for the bond, thereby allowing taxpayers to lower their tax liabilities.