United States · Bill · S
S. 848 (115th)
Reigniting Opportunity for Innovators Act
Introduced
5 April 2017
Last action
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Status
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S2367)
Sponsors
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Subjects
Discovery layer
Source updated
11 August 2025
Summary
Reigniting Opportunity for Innovators Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to make qualified founders and full-time employees of small business start-ups eligible for deferring for up to three years their loans under the federal Direct Loan program. If the start-up is located in an economically distressed area, qualified founders and employees are also eligible for loan cancellation of up to $20,000 under that program.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 5 April 2017
Introduced in Senate (PDF)
Introduced in Senate · EN · 5 April 2017
Introduced in Senate
summary · EN · 5 April 2017
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/115th-congress/senate-bill/848
- Open data entity: https://api.congress.gov/v3/bill/115/s/848