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HR 2311 105th Congress House Education Bank loans Economics and Public Finance Federal aid to higher education Finance and Financial Sector Foundations Higher education Nonprofit organizations Social Welfare Student loan funds Tax-exempt organizations Taxation

Kid's Bank Act

Introduced: July 30, 1997 See on congress.gov
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 30, 1997
Referred to the House Committee on Education and the Workforce.
Jul 30, 1997
Introduced in House
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 Plain-English summary Congressional Research Service

Kid's Bank Act - Amends the Higher Education Act of 1965 (HEA) to include under the definition of an eligible lender a bank that: (1) is a wholly owned subsidiary of a tax-exempt charitable nonprofit foundation; (2) makes HEA student loans only to undergraduate students who are age 22 or younger; and (3) has a portfolio of such loans that is not more than $10 million.

What's happening now July 30, 1997

Referred to the House Committee on Education and the Workforce.

 Related & companion bills 1
  • S 1036 Identical bill Kid's Bank Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
DeGette, Diana
Colorado · Jul 30, 1997
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2311: Kid's Bank Act. 105th Congress. Open America. https://openamerica.io/bill/105-HR-2311/
MLA
"H.R. 2311: Kid's Bank Act." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-2311/.
Bluebook (legal)
H.R. 2311, 105th Cong. (2026), https://openamerica.io/bill/105-HR-2311/.
Markdown link
[H.R. 2311: Kid's Bank Act](https://openamerica.io/bill/105-HR-2311/)
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