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HR 3822 114th Congress House

Student Loan Opportunity Act of 2015

Official title: To amend the Internal Revenue Code of 1986 to allow qualified scholarship funding corporations to access tax-exempt financing for alternative private student loans.

Introduced: June 7, 2016 See on congress.gov
Taxation Income tax exclusionSecuritiesStudent aid and college costsTax-exempt organizations
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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
Oct 23, 2015
Referred to the House Committee on Ways and Means.
Oct 23, 2015
Introduced in House
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 Latest action October 23, 2015

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Student Loan Opportunity Act of 2015

This bill amends the Internal Revenue Code, with respect to tax-exempt private activity bond financing, to: (1) eliminate the restriction on nonprofit 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1
THORNBERRY, WILLIAM
· Sep 7, 2016
 D
Cuellar, Henry
Texas · Jun 7, 2016
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3822: Student Loan Opportunity Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-HR-3822/
MLA
"H.R. 3822: Student Loan Opportunity Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-3822/.
Bluebook (legal)
H.R. 3822, 114th Cong. (2026), https://openamerica.io/bill/114-HR-3822/.
Markdown link
[H.R. 3822: Student Loan Opportunity Act of 2015](https://openamerica.io/bill/114-HR-3822/)
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