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United States · Bill · HR

H.R. 1707 (116th)

Bank on Students Emergency Loan Refinancing Act

referredUnited States· United States Congress· EN

Introduced

13 March 2019

Last action

13 March 2019 · Introduced

Status

Referred to the Committee on Education and Labor, 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.

Sponsors

Rep. Courtney, Joe [D-CT-2], Rep. Aguilar, Pete [D-CA-33], Rep. Bonamici, Suzanne [D-OR-1], Rep. Boyle, Brendan F. [D-PA-2], Rep. Brown, Anthony G. [D-MD-4], Rep. Cárdenas, Tony [D-CA-29], Rep. Castor, Kathy [D-FL-14], Rep. Cicilline, David N. [D-RI-1], Rep. Cisneros, Gilbert Ray [D-CA-31], Rep. Cohen, Steve [D-TN-9], Rep. Davis, Susan A. [D-CA-53], Rep. DeGette, Diana [D-CO-1], Rep. Dingell, Debbie [D-MI-6], Rep. Eshoo, Anna G. [D-CA-18], Rep. Finkenauer, Abby [D-IA-1], Rep. Foster, Bill [D-IL-11], Rep. Gonzalez, Vicente [D-TX-34], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Hill, Katie [D-CA-25], Rep. Himes, James A. [D-CT-4], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Jayapal, Pramila [D-WA-7], Rep. Keating, William R. [D-MA-9], Rep. Kilmer, Derek [D-WA-6], Rep. Larson, John B. [D-CT-1], Rep. Lee, Barbara [D-CA-12], Rep. Lowey, Nita M. [D-NY-17], Rep. Luria, Elaine G. [D-VA-2], Rep. Maloney, Sean Patrick [D-NY-18], Rep. Moore, Gwen [D-WI-4], Rep. Neguse, Joe [D-CO-2], Rep. Norcross, Donald [D-NJ-1], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Perlmutter, Ed [D-CO-7], Rep. Pingree, Chellie [D-ME-1], Rep. Raskin, Jamie [D-MD-8], Rep. Rice, Kathleen M. [D-NY-4], Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large], Rep. Sánchez, Linda T. [D-CA-38], Rep. Scanlon, Mary Gay [D-PA-5], Rep. Schakowsky, Janice D. [D-IL-9], Rep. Schrader, Kurt [D-OR-5], Rep. Serrano, Jose E. [D-NY-15], Rep. Sherman, Brad [D-CA-32], Rep. Smith, Adam [D-WA-9], Rep. Speier, Jackie [D-CA-14], Rep. Takano, Mark [D-CA-39], Rep. Thompson, Mike [D-CA-4]

Subjects

Taxation, Education

Source updated

5 December 2025

Taxation · Education

Summary

Bank on Students Emergency Loan Refinancing Act This bill revises requirements concerning student loan debt.  Specifically, the bill establishes a program that allows eligible individuals with federal or private student loans to refinance them down to the lower rates offered to new federal borrowers in the 2016-2017 school year under certain circumstances. In addition, the bill requires 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 (commonly known as the tentative fair share tax).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 13 March 2019

    Introduced

    Referred to the Committee on Education and Labor, 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.

    Source: IntroReferral

  2. 13 March 2019

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 13 March 2019

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 13 March 2019

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  • Introduced in House (PDF)

    Introduced in House · EN · 13 March 2019

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  • Introduced in House

    summary · EN · 13 March 2019

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Sponsors

Showing 48 of 91 sponsors and actors.

Related records

Sources

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