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United States · Bill · HR

H.R. 201 (115th)

Supporting America's Young Entrepreneurs Act of 2017

referredUnited States· United States Congress· EN

Introduced

3 January 2017

Last action

3 January 2017 · Introduced

Status

Referred to the Committee on Education and the Workforce, and in addition to the Committees on Financial Services, Ways and Means, and Small Business, 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. Velázquez, Nydia M. [D-NY-7], Rep. Serrano, Jose E. [D-NY-15], Rep. Napolitano, Grace F. [D-CA-32], Rep. Castor, Kathy [D-FL-14]

Subjects

Education

Source updated

11 August 2025

Education

Official sourceDownload fileView documentsShare

Summary

Supporting America's Young Entrepreneurs Act of 2017 This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to make eligible for deferment and cancellation under the Federal Direct Loan program a borrower who is an employee or founder of a small business start-up in a distressed area. It also amends the Internal Revenue Code to exclude from an individual's gross income the amount of such canceled student loan debt. The bill establishes a Federal Direct Refinanced Private Loan program to refinance private education loans. Finally, it establishes a young entrepreneurs business center within the Small Business Administration to certify small business start-ups, identify distressed areas, and approve loan cancelation for founders of small business start-ups.

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

Timeline

  1. 3 January 2017

    Introduced

    Referred to the Committee on Education and the Workforce, and in addition to the Committees on Financial Services, Ways and Means, and Small Business, 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. 3 January 2017

    Introduced

    Referred to the Committee on Education and the Workforce, and in addition to the Committees on Financial Services, Ways and Means, and Small Business, 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

  3. 3 January 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 3 January 2017

    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 · 3 January 2017

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 3 January 2017

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 3 January 2017

    Open at official source

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Sponsors

Related records

Sources

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