US HB480 | 2017-2018 | 115th Congress
Status
Spectrum: Moderate Partisan Bill (Republican 9-1)
Status: Introduced on January 12 2017 - 25% progression, died in committee
Action: 2017-01-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 12 2017 - 25% progression, died in committee
Action: 2017-01-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Student Loan Opportunity Act of 2017 This bill amends the Internal Revenue Code, with respect to tax-exempt private activity bond financing, to: (1) eliminate a provision that restricts nonprofit scholarship funding corporations that acquire student loan notes to notes incurred under the Higher Education Act of 1965 (thus allowing such corporations to access tax-exempt financing for other types of student loans), and (2) expand the operations of such corporations to include performing student assistance related activities.
Title
Student Loan Opportunity Act of 2017
Sponsors
Rep. Bill Flores [R-TX] | Rep. Mac Thornberry [R-TX] | Rep. Kenny Marchant [R-TX] | Rep. Matt Gaetz [R-FL] |
Rep. David Roe [R-TN] | Rep. Henry Cuellar [D-TX] | Rep. Mike Coffman [R-CO] | Rep. David Kustoff [R-TN] |
Rep. John Duncan [R-TN] | Rep. Charles Fleischmann [R-TN] |
History
Date | Chamber | Action |
---|---|---|
2017-01-12 | House | Referred to the House Committee on Ways and Means. |
2017-01-12 | House | Introduced in House |
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/house-bill/480/all-info |
Text | https://www.congress.gov/115/bills/hr480/BILLS-115hr480ih.pdf |