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H.R. 2477 · 115th Congress

Bank on Students Emergency Loan Refinancing Act

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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

JCD CourtneySponsor
137 cosponsors · 137 D
AAD Adams PAD Aguilar EBD Blumenauer RBD Brady KBD Bass SBD Bonamici JBD Brownley CBD Bustos DBD Beyer BBD Boyle NBD Barragán JCD Conyers ECD Cummings MCD Capuano ECD Cleaver KCD Castor YCD Clarke SCD Cohen ACD Carson GCD Connolly JCD Chu DCD Cicilline MCD Cartwright TCD Cárdenas KCD Clark JCD Correa SCD Carbajal PDD DeFazio DDD DeGette RDD DeLauro LDD Doggett MDD Doyle SDD Davis SDD DelBene JDD Delaney MDD DeSaulnier DDD Dingell EED Engel AED Eshoo KED Ellison EED Esty DED Evans BFD Foster MFD Fudge LGD Gutiérrez RGD Grijalva AHD Hastings SHD Hoyer CHD Hanabusa DHD Heck JHD Huffman HJD Johnson HJD Jeffries PJD Jayapal MKD Kaptur RKD Kind WKD Keating JKD Kennedy DKD Kildee DKD Kilmer AKD Kuster SLD Levin JLD Lewis ZLD Lofgren NLD Lowey JLD Larson JLD Langevin SLD Lynch DLD Loebsack BLD Luján ALD Lowenthal MLD Lujan Grisham BLD Lawrence ALD Lawson CMD Maloney JMD McGovern GMD Moore DMD Matsui SMD Maloney SMD Moulton RND Neal RND Nolan END Norton DND Norcross BOD O’Rourke FPD Pallone BPD Pascrell DPD Price EPD Perlmutter CPD Pingree DPD Payne MPD Pocan TRD Ryan KRD Rice JRD Raskin BSD Scott JSD Serrano BSD Sherman LSD Slaughter JSD Schakowsky ASD Schiff LSD Sánchez JSD Sarbanes CSD Shea-Porter JSD Speier GSD Sablan TSD Sewell ESD Swalwell DSD Soto BTD Thompson MTD Thompson NTD Tsongas DTD Titus MTD Takano NTD Torres NVD Velázquez PVD Visclosky JVD Vargas DWD Wasserman Schultz TWD Walz PWD Welch FWD Wilson JYD Yarmuth ABD Brown RKD Kelly JHD Himes MBD Bordallo LFD Frankel JGD Gomez RLD Larsen BMD McCollum AGD Green JPD Polis KSD Schrader AMD McEachin MQD Quigley ASD Smith

123 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to establish a program that allows eligible students with loans under the Federal Direct Loan program (a Federal Direct Stafford Loan, a Federal Direct Unsubsidized Stafford Loan, a Federal Direct PLUS Loan, or a Federal Direct Consolidation Loan) to refinance their loans…

What it does: CRS summary · Introduced in House · May 17, 2017

Bank on Students Emergency Loan Refinancing Act

This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to establish a program that allows eligible students with loans under the Federal Direct Loan program (a Federal Direct Stafford Loan, a Federal Direct Unsubsidized Stafford Loan, a Federal Direct PLUS Loan, or a Federal Direct Consolidation Loan) to refinance their loans down to the lower rates offered to new federal borrowers in the 2016-2017 school year under certain circumstances.

In addition, the bill allows student borrowers to refinance their private loans into the Federal Direct Loan program.

This bill amends the Internal Revenue Code to require an individual taxpayer whose adjusted gross income exceeds $1 million to pay a minimum tax rate of 30% of the excess of the taxpayer's adjusted gross income over the taxpayer's modified charitable contribution deduction for the taxable year (tentative fair share tax).

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Bank on Students Emergency Loan Refinancing Act

Latest action (May 17, 2017): Referred to the Committee on Education and the Workforce, and in addition to the Committees on Ways and Means, and the Budget, 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.

Policy area: Education · Origin: House · Introduced: May 17, 2017

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.