Bank on Students Emergency Loan Refinancing Act

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).

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 13 March 2019

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 13 March 2019

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 13 March 2019

  Open at official source

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