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S 2114 116th Congress Senate Finance and Financial Sector Administrative law and regulatory procedures Business investment and capital Congressional oversight Consumer Financial Protection Bureau Consumer credit Debt collection Department of Defense Department of the Treasury Federal preemption Higher education Income tax exclusion Military personnel and dependents Securities State and local government operations Student aid and college costs Tax administration and collection, taxpayers Wages and earnings

ISA Student Protection Act of 2019

Introduced: July 15, 2019 Introduced by: Young, Todd Republican · Indiana See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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
Jul 15, 2019
Read twice and referred to the Committee on Finance.
Jul 15, 2019
Introduced in Senate
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 Plain-English summary Congressional Research Service

ISA Student Protection Act of 2019

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.

The bill places caps on the percentage of a student's future income that may go towards repayment, provides income minimums under which the required payment is zero, and establishes limitations on the length of these agreements.

The bill provides for the treatment of these agreements under various laws, including tax, securities, and consumer finance laws.

What's happening now July 15, 2019

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 1810 Related bill Kids to College Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Coons, Christopher A.
Delaware · Jul 15, 2019
 D
Warner, Mark R.
Virginia · Jul 15, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2114: ISA Student Protection Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-S-2114/
MLA
"S. 2114: ISA Student Protection Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-2114/.
Bluebook (legal)
S. 2114, 116th Cong. (2026), https://openamerica.io/bill/116-S-2114/.
Markdown link
[S. 2114: ISA Student Protection Act of 2019](https://openamerica.io/bill/116-S-2114/)
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