HR 480 · 115th Congress · Taxation

Student Loan Opportunity Act of 2017

Introduced 2017-01-12· 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.(2017-01-12)

Plain Language Summary

[AI summary unavailable — showing source text] Student Loan Opportunity Act of 201 7 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.…

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

Cosponsors (9)

1 Democrat8 Republicans