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H.R. 3822

BillFederalHouseIn Committee
Student Loan Opportunity Act of 2015
About This Bill
Committee
Latest Action · October 23, 2015
Referred to the House Committee on Ways and Means.
Congress
114th (2015–2017)
Introduced
October 23, 2015
Cosponsors (2)
1D 1R
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Summary

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Student Loan Opportunity Act of 2015 This bill amends the Internal Revenue Code, with respect to tax-exempt private activity bond financing, to: (1) eliminate the restriction on nonprofit 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.

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