Student Loan Relief Act of 2017

H.R. 4000 · 115th Congress · Oct 10, 2017 · Lineage

A BILL

To provide for the establishment of a mechanism to allow borrowers of Federal student loans to refinance their loans, to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided educational assistance to employer payment of interest on certain refinanced student loans, and for other purposes.

Section 1 Short title

This Act may be cited as the “Student Loan Relief Act of 2017”.

Sec. 2 Purpose

The purpose of this Act is to spur economic growth by establishing a mechanism to allow borrowers of Federal student loans to refinance their loans in order—

(1)

to allow credit-worthy borrowers to get a lower interest rate than the Federal rate;

(2)

to encourage innovation in the education refinancing markets; and

(3)

to promote the participation of private capital in the education refinancing markets.

Lineage

Oct 10, 2017viewing Introduced in House Mrs. Comstock introduced the following bill; which was referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, 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

Student Loan Relief Act of 2017

Section 1 Short title

Sec. 2 Purpose

Cite this provision

Incoming references