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H.R. 3145 115th Congress House

ISA Act of 2017

Official title: To provide the legal framework and income tax treatment necessary for the growth of innovative private financing options, and for other purposes.

Introduced: January 10, 2018 See on congress.gov
Education Administrative law and regulatory proceduresConsumer Financial Protection BureauConsumer creditDepartment of Defense
More subjectsShow fewer subjects
Department of the TreasuryFederal preemptionHigher educationIncome tax exclusionMilitary personnel and dependentsState and local government operationsStudent aid and college costsTax administration and collection, taxpayersWages and earnings
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 26, 2017
Referred to the Subcommittee on Military Personnel.
Jun 29, 2017
Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and the Workforce, 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.
Jun 29, 2017
Introduced in House
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 Latest action July 26, 2017

Referred to the Subcommittee on Military Personnel.

 Plain-English summary Congressional Research Service

Investing in Student Achievement Act of 2017 or the ISA Act of 2017

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.

 Related & companion bills 1
  • S 268 Investing in Student Success Act of 2017
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 6
 Cosponsors 12
All 12 Democratic 6 Republican 1
D
Soto, Darren
Florida · Sep 27, 2018
 D
Correa, J. Luis
California · Jul 11, 2018
 D
Aguilar, Pete
California · Jun 26, 2018
 D
Gonzalez, Vicente
Texas · Jun 13, 2018
 D
Sewell, Terri A.
Alabama · Jan 10, 2018
Hunter, Duncan
· Oct 5, 2017
 D
Moulton, Seth
Massachusetts · Oct 2, 2017
Garrett, Thomas
· Jul 20, 2017
 R
Banks, Jim
Indiana · Jun 29, 2017
Hollingsworth, Trey
· Jun 29, 2017
Hultgren, Randy
· Jun 29, 2017
Paulsen, Erik
· Jun 29, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3145: ISA Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-3145/
MLA
"H.R. 3145: ISA Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-3145/.
Bluebook (legal)
H.R. 3145, 115th Cong. (2026), https://openamerica.io/bill/115-HR-3145/.
Markdown link
[H.R. 3145: ISA Act of 2017](https://openamerica.io/bill/115-HR-3145/)
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