HR 3822 · 114th Congress · Taxation

Student Loan Opportunity Act of 2015

Introduced 2015-10-23· Sponsored by Rep. Flores, Bill [R-TX-17]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2015-10-23)

Plain Language Summary

[AI summary unavailable — showing source text] Student Loan Opportunity Act of 2015 This bill amends the Internal Revenue Code, with respect to tax-exempt private activity bond financing, to: (1) eliminate the restriction on nonprofit 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

1 Democrat1 Republican
Rep. Cuellar, Henry [D-TX-28]TX
Rep. Thornberry, Mac [R-TX-13]TX