Summary: H.R.480 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.480. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (01/12/2017)

Student Loan Opportunity Act of 2017

This bill amends the Internal Revenue Code, with respect to tax-exempt private activity bond financing, to: (1) eliminate a provision that restricts nonprofit scholarship funding 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.