US Congress House Bill 480 (Prior Session Legislation)

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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]

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.

Student Loan Opportunity Act of 2017

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]

Date	Chamber	Action
2017-01-12	House	Referred to the House Committee on Ways and Means.
2017-01-12	House	Introduced in House

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