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S 848 115th Congress Senate Education Business investment and capital Higher education Interest, dividends, interest rates Minority and disadvantaged businesses Small business Student aid and college costs

Reigniting Opportunity for Innovators Act

Introduced: April 5, 2017 Introduced by: Hassan, Margaret Wood Democratic · New Hampshire 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
Apr 5, 2017
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S2367)
Apr 5, 2017
Introduced in Senate
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 Plain-English summary Congressional Research Service

Reigniting Opportunity for Innovators Act

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to make qualified founders and full-time employees of small business start-ups eligible for deferring for up to three years their loans under the federal Direct Loan program.

If the start-up is located in an economically distressed area, qualified founders and employees are also eligible for loan cancellation of up to $20,000 under that program.

What's happening now April 5, 2017

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S2367)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 848: Reigniting Opportunity for Innovators Act. 115th Congress. Open America. https://openamerica.io/bill/115-S-848/
MLA
"S. 848: Reigniting Opportunity for Innovators Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-848/.
Bluebook (legal)
S. 848, 115th Cong. (2026), https://openamerica.io/bill/115-S-848/.
Markdown link
[S. 848: Reigniting Opportunity for Innovators Act](https://openamerica.io/bill/115-S-848/)
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