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United States · Bill · S

S. 768 (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

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Warren, Elizabeth [D-MA], Sen. Baldwin, Tammy [D-WI], Sen. Bennet, Michael F. [D-CO], Sen. Blumenthal, Richard [D-CT], Sen. Booker, Cory A. [D-NJ], Sen. Brown, Sherrod [D-OH], Sen. Cantwell, Maria [D-WA], Sen. Cardin, Benjamin L. [D-MD], Sen. Casey, Robert P., Jr. [D-PA], Sen. Cortez Masto, Catherine [D-NV], Sen. Duckworth, Tammy [D-IL], Sen. Durbin, Richard J. [D-IL], Sen. Feinstein, Dianne [D-CA], Sen. Gillibrand, Kirsten E. [D-NY], Sen. Harris, Kamala D. [D-CA], Sen. Hassan, Margaret Wood [D-NH], Sen. Hirono, Mazie K. [D-HI], Sen. Klobuchar, Amy [D-MN], Sen. Leahy, Patrick J. [D-VT], Sen. Manchin, Joe, III [D-WV], Sen. Markey, Edward J. [D-MA], Sen. Menendez, Robert [D-NJ], Sen. Merkley, Jeff [D-OR], Sen. Murphy, Christopher [D-CT], Sen. Peters, Gary C. [D-MI], Sen. Reed, Jack [D-RI], Sen. Sanders, Bernard [I-VT], Sen. Shaheen, Jeanne [D-NH], Sen. Smith, Tina [D-MN], Sen. Stabenow, Debbie [D-MI], Sen. Udall, Tom [D-NM], Sen. Van Hollen, Chris [D-MD], Sen. Whitehouse, Sheldon [D-RI], Sen. Wyden, Ron [D-OR], Sen. Heinrich, Martin [D-NM], Sen. Schumer, Charles E. [D-NY]

Subjects

Taxation, Education

Source updated

5 December 2025

Taxation · Education

Official sourceDownload fileView documentsShare

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

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 13 March 2019

    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 · 13 March 2019

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 13 March 2019

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 13 March 2019

    Open at official source

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Sponsors

Related records

Sources

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