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United States · Bill · HR

H.R. 2477 (115th)

Bank on Students Emergency Loan Refinancing Act

referredUnited States· United States Congress· EN

Introduced

17 May 2017

Last action

17 May 2017 · Introduced

Status

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.

Sponsors

Rep. Courtney, Joe [D-CT-2], Rep. Adams, Alma S. [D-NC-12], Rep. Aguilar, Pete [D-CA-33], Rep. Barragán, Nanette Diaz [D-CA-44], Rep. Beyer, Donald S. [D-VA-8], Rep. Blumenauer, Earl [D-OR-3], Rep. Bonamici, Suzanne [D-OR-1], Rep. Boyle, Brendan F. [D-PA-2], Rep. Brownley, Julia [D-CA-26], Rep. Bustos, Cheri [D-IL-17], Rep. Carbajal, Salud O. [D-CA-24], Rep. Cartwright, Matt [D-PA-17], Rep. Castor, Kathy [D-FL-14], Rep. Chu, Judy [D-CA-28], Rep. Cicilline, David N. [D-RI-1], Rep. Cohen, Steve [D-TN-9], Rep. Connolly, Gerald E. [D-VA-11], Rep. Correa, J. Luis [D-CA-46], Rep. Cummings, Elijah E. [D-MD-7], Rep. DeFazio, Peter A. [D-OR-4], Rep. DeGette, Diana [D-CO-1], Rep. DeLauro, Rosa L. [D-CT-3], Rep. DelBene, Suzan K. [D-WA-1], Rep. DeSaulnier, Mark [D-CA-10], Rep. Dingell, Debbie [D-MI-6], Rep. Eshoo, Anna G. [D-CA-18], Rep. Esty, Elizabeth H. [D-CT-5], Rep. Evans, Dwight [D-PA-3], Rep. Foster, Bill [D-IL-11], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Gutierrez, Luis V. [D-IL-4], Rep. Hanabusa, Colleen [D-HI-1], Rep. Hastings, Alcee L. [D-FL-20], Rep. Hoyer, Steny H. [D-MD-5], Rep. Jayapal, Pramila [D-WA-7], Rep. Johnson, Henry C. "Hank" [D-GA-4], Rep. Kildee, Daniel T. [D-MI-5], Rep. Langevin, James R. [D-RI-2], Rep. Larson, John B. [D-CT-1], Rep. Lawrence, Brenda L. [D-MI-14], Rep. Lawson, Al, Jr. [D-FL-5], Rep. Levin, Sander M. [D-MI-12], Rep. Loebsack, David [D-IA-2], Rep. Lowenthal, Alan S. [D-CA-47], Rep. Lowey, Nita M. [D-NY-17], Sen. Luján, Ben Ray [D-NM], Rep. Lujan Grisham, Michelle [D-NM-1], Rep. Lynch, Stephen F. [D-MA-8]

Subjects

Taxation, Education

Source updated

5 December 2025

Taxation · Education

Official sourceDownload fileView documentsShare

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).

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

Timeline

  1. 17 May 2017

    Introduced

    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.

    Source: IntroReferral

  2. 17 May 2017

    Introduced

    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.

    Source: IntroReferral

  3. 17 May 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 17 May 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 · 17 May 2017

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  • Introduced in House (PDF)

    Introduced in House · EN · 17 May 2017

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  • Introduced in House

    summary · EN · 17 May 2017

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Sponsors

Showing 48 of 141 sponsors and actors.

Related records

Sources

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