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HR 480 115th Congress House Taxation Income tax exclusion Securities Student aid and college costs Tax-exempt organizations

Student Loan Opportunity Act of 2017

Introduced: September 6, 2017 See on congress.gov
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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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 12, 2017
Referred to the House Committee on Ways and Means.
Jan 12, 2017
Introduced in House
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 Plain-English summary Congressional Research Service

Student Loan Opportunity Act of 2017

This bill amends the Internal Revenue Code, with respect to tax-exempt private activity bond financing, to: (1) eliminate a provision that restricts nonprofit scholarship funding 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 January 12, 2017

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 1 Republican 2
R
Fleischmann, Charles J. "Chuck"
Tennessee · Sep 26, 2018
DUNCAN, JOHN
· Sep 6, 2017
 R
Kustoff, David
Tennessee · Jul 18, 2017
 D
Cuellar, Henry
Texas · Jun 6, 2017
THORNBERRY, WILLIAM
· Feb 16, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 480: Student Loan Opportunity Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-480/
MLA
"H.R. 480: Student Loan Opportunity Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-480/.
Bluebook (legal)
H.R. 480, 115th Cong. (2026), https://openamerica.io/bill/115-HR-480/.
Markdown link
[H.R. 480: Student Loan Opportunity Act of 2017](https://openamerica.io/bill/115-HR-480/)
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