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United States · Bill · S

S. 3018 (115th)

Degrees Not Debt Act of 2018

referredUnited States· United States Congress· EN

Introduced

6 June 2018

Last action

6 June 2018 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Heinrich, Martin [D-NM]

Subjects

Taxation, Education

Source updated

11 August 2025

Taxation · Education

Summary

Degrees Not Debt Act of 2018 This bill repeals the alternative minimum tax exemption and the increased estate and gift tax exemption provided in 2017, uses the tax revenue to increase need-based federal student aid provided to students of institutions of higher education (IHEs), eliminates Pell Grant funding for institutions of higher education in states that do not maintain their funding levels for IHEs, and requires IHEs to disclose performance indicators (e.g., graduation rates and employments outcomes).

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

Timeline

  1. 6 June 2018

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 6 June 2018

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 6 June 2018

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 6 June 2018

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 6 June 2018

    Open at official source

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Sponsors

Related records

Sources

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