Summary: H.R.3822 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.3822. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (10/23/2015)

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.