HR 3822
114th Congress
House
Taxation
Income tax exclusion
Securities
Student aid and college costs
Tax-exempt organizations
Student Loan Opportunity Act of 2015
Introduced: October 23, 2015
See on congress.gov
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
Plain-English summary
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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1