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H.R. 480

Student Loan Opportunity Act of 2017

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.

Referred to the House Committee on Ways and Means.

Rep. Flores, Bill [R-TX-17](R-TX)Sponsor
9 cosponsors1 D8 R
9cosponsors1committees3actions4subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Student Loan Opportunity Act of 2017 — Informed