Here’s a deal that patrons of the Houston School District may have a hard time passing up: The federal government’s stimulus bill – in its current form – would allow Uncle Sam to pay the interest on construction bonds issued by school districts. The school’s board of education has an issue before voters in April. 

The bill would, for the first time, involve the federal government in a significant fashion in the building and renovation of schools, which has been the responsibility of states and districts. It includes $20 billion for school renovation and modernization, with $14 billion for elementary and secondary schools and $6 billion for higher education.