US HB2477 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Democrat 138-0)
Status: Introduced on May 17 2017 - 25% progression, died in committee
Action: 2017-05-17 - 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.
Pending: House Education And The Workforce Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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).

Tracking Information

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Title

Bank on Students Emergency Loan Refinancing Act

Sponsors

Rep. Joe Courtney [D-CT]Rep. Alma Adams [D-NC]Rep. Pete Aguilar [D-CA]Rep. Nanette Barragan [D-CA]
Rep. Don Beyer [D-VA]Rep. Earl Blumenauer [D-OR]Rep. Suzanne Bonamici [D-OR]Rep. Brendan Boyle [D-PA]
Rep. Julia Brownley [D-CA]Rep. Cheri Bustos [D-IL]Rep. Salud Carbajal [D-CA]Rep. Matthew Cartwright [D-PA]
Rep. Kathy Castor [D-FL]Rep. Judy Chu [D-CA]Rep. David Cicilline [D-RI]Rep. Steve Cohen [D-TN]
Rep. Gerald Connolly [D-VA]Rep. Luis Correa [D-CA]Rep. Elijah Cummings [D-MD]Rep. Peter DeFazio [D-OR]
Rep. Diana DeGette [D-CO]Rep. Rosa DeLauro [D-CT]Rep. Suzan DelBene [D-WA]Rep. Mark DeSaulnier [D-CA]
Rep. Debbie Dingell [D-MI]Rep. Anna Eshoo [D-CA]Rep. Elizabeth Esty [D-CT]Rep. Dwight Evans [D-PA]
Rep. Bill Foster [D-IL]Rep. Raul Grijalva [D-AZ]Rep. Luis Gutierrez [D-IL]Rep. Colleen Hanabusa [D-HI]
Rep. Alcee Hastings [D-FL]Rep. Steny Hoyer [D-MD]Rep. Pramila Jayapal [D-WA]Rep. Henry Johnson [D-GA]
Rep. Daniel Kildee [D-MI]Rep. James Langevin [D-RI]Rep. John Larson [D-CT]Rep. Brenda Lawrence [D-MI]
Rep. Al Lawson [D-FL]Rep. Sander Levin [D-MI]Rep. David Loebsack [D-IA]Rep. Alan Lowenthal [D-CA]
Rep. Nita Lowey [D-NY]Sen. Ben Lujan [D-NM]Rep. Michelle Lujan Grisham [D-NM]Rep. Stephen Lynch [D-MA]
Rep. Carolyn Maloney [D-NY]Rep. Sean Maloney [D-NY]Rep. Doris Matsui [D-CA]Rep. James McGovern [D-MA]
Rep. Seth Moulton [D-MA]Rep. Donald Norcross [D-NJ]Rep. Eleanor Norton [D-DC]Rep. Beto O'Rourke [D-TX]
Rep. Donald Payne [D-NJ]Rep. Ed Perlmutter [D-CO]Rep. Chellie Pingree [D-ME]Rep. Jamie Raskin [D-MD]
Rep. Kathleen Rice [D-NY]Rep. Tim Ryan [D-OH]Rep. Gregorio Sablan [D-MP]Rep. Linda Sanchez [D-CA]
Rep. Janice Schakowsky [D-IL]Rep. Adam Schiff [D-CA]Rep. Robert Scott [D-VA]Rep. Jose Serrano [D-NY]
Rep. Carol Shea-Porter [D-NH]Rep. Brad Sherman [D-CA]Rep. Louise Slaughter [D-NY]Rep. Darren Soto [D-FL]
Rep. Eric Swalwell [D-CA]Rep. Dina Titus [D-NV]Rep. Norma Torres [D-CA]Rep. Niki Tsongas [D-MA]
Rep. Nydia Velazquez [D-NY]Rep. Peter Visclosky [D-IN]Rep. Debbie Wasserman Schultz [D-FL]Sen. Peter Welch [D-VT]
Rep. John Yarmuth [D-KY]Rep. Eliot Engel [D-NY]Rep. Mark Pocan [D-WI]Rep. John Delaney [D-MD]
Rep. Katherine Clark [D-MA]Rep. Michael Capuano [D-MA]Rep. Joseph Kennedy [D-MA]Rep. Richard Neal [D-MA]
Rep. Derek Kilmer [D-WA]Rep. Ron Kind [D-WI]Rep. John Conyers [D-MI]Rep. Terri Sewell [D-AL]
Rep. Michael Doyle [D-PA]Rep. Robert Brady [D-PA]Rep. Emanuel Cleaver [D-MO]Rep. Hakeem Jeffries [D-NY]
Rep. William Keating [D-MA]Rep. Marcy Kaptur [D-OH]Rep. Susan Davis [D-CA]Rep. Karen Bass [D-CA]
Rep. Lloyd Doggett [D-TX]Rep. Marcia Fudge [D-OH]Rep. Ann Kuster [D-NH]Rep. John Lewis [D-GA]
Rep. Gwen Moore [D-WI]Rep. Bill Pascrell [D-NJ]Rep. Mike Thompson [D-CA]Rep. Juan Vargas [D-CA]
Rep. Denny Heck [D-WA]Rep. Frank Pallone [D-NJ]Rep. Tony Cardenas [D-CA]Rep. Bennie Thompson [D-MS]
Rep. David Price [D-NC]Rep. Richard Nolan [D-MN]Rep. Jackie Speier [D-CA]Rep. Mark Takano [D-CA]
Rep. Frederica Wilson [D-FL]Rep. Keith Ellison [D-MN]Rep. Yvette Clarke [D-NY]Rep. Jared Huffman [D-CA]
Rep. Andre Carson [D-IN]Rep. Zoe Lofgren [D-CA]Rep. Timothy Walz [D-MN]Rep. John Sarbanes [D-MD]
Rep. Anthony Brown [D-MD]Rep. Robin Kelly [D-IL]Rep. James Himes [D-CT]Rep. Madeleine Bordallo [D-GU]
Rep. Lois Frankel [D-FL]Rep. Rick Larsen [D-WA]Rep. Jimmy Gomez [D-CA]Rep. Betty McCollum [D-MN]
Rep. Al Green [D-TX]Rep. Jared Polis [D-CO]Rep. Kurt Schrader [D-OR]Rep. Donald McEachin [D-VA]
Rep. Mike Quigley [D-IL]Rep. Adam Smith [D-WA]

History

DateChamberAction
2017-05-17HouseReferred 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.
2017-05-17HouseReferred 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.
2017-05-17HouseReferred 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.
2017-05-17HouseReferred 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.
2017-05-17HouseIntroduced in House

Same As/Similar To

HB2159 (Related) 2017-04-26 - Referred to the House Committee on Ways and Means.
SB955 (Related) 2017-04-27 - Read twice and referred to the Committee on Finance.
SB1162 (Related) 2017-05-17 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3015)
SB1521 (Related) 2017-07-10 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S3886-3887)
HB3390 (Related) 2017-07-25 - Referred to the House Committee on Education and the Workforce.
HB4001 (Related) 2017-10-10 - Referred to the House Committee on Education and the Workforce.
HB5549 (Related) 2018-05-22 - Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Subjects


US Congress State Sources


Bill Comments

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