Kids to College Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 18, 2019)
Kids to College Act
This bill provides for income-share agreements whereby a student agrees to pay a percentage of future income, for a specified period of time, in exchange for funds to pay for educational expenses.
The bill places caps on the percentage of a student's future income that may go towards repayment, provides income minimums under which the required payment is zero, and establishes limitations on the length of these agreements.
The bill provides for the treatment of these agreements under various laws, including tax, securities, and consumer finance laws.
What just happenedApr 11, 2019
Referred to the Subcommittee on Economic Opportunity.
Who’s behind it
- Introduced in HouseMar 18, 2019
- Apr 11, 2019Committee
Referred to the Subcommittee on Economic Opportunity.
Economic Opportunity Subcommittee - Mar 19, 2019Committee
Referred to the Subcommittee on Military Personnel.
Military Personnel Subcommittee - Mar 18, 2019IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Labor, Armed Services, and Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Veterans' Affairs Committee - Mar 18, 2019IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Labor, Armed Services, and Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Armed Services Committee - Mar 18, 2019IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Labor, Armed Services, and Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Education and the Workforce Committee - Mar 18, 2019IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Labor, Armed Services, and Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ways and Means Committee - Mar 18, 2019IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Labor, Armed Services, and Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Financial Services Committee - Mar 18, 2019IntroReferralIntro-H
Introduced in House
- Mar 18, 2019IntroReferral1000
Introduced in House