HR 480 · 115th Congress · Taxation
Student Loan Opportunity Act of 2017
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: 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