US Congress House Bill 1810 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on March 18 2019 - 25% progression, died in committee
Action: 2019-04-11 - Referred to the Subcommittee on Economic Opportunity.
Pending: House Subcommittee on Economic Opportunity Committee
Text: Latest bill text (Introduced) [PDF]

Provides for income-share agreements whereby a student agrees to pay a percentage of future income, for a specified period of time, in exchange for funds to pay for educational expenses. The bill places caps on the percentage of a student's future income that may go towards repayment, provides income minimums under which the required payment is zero, and establishes limitations on the length of these agreements. The bill provides for the treatment of these agreements under various laws, including tax, securities, and consumer finance laws.

Kids to College Act

Rep. Mark Green [R-TN]

Rep. Vicente Gonzalez [D-TX]

Date	Chamber	Action
2019-04-11	House	Referred to the Subcommittee on Economic Opportunity.
2019-03-19	House	Referred to the Subcommittee on Military Personnel.
2019-03-18	House	Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Labor, Armed Services, and Veterans' Affairs, 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.
2019-03-18	House	Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Labor, Armed Services, and Veterans' Affairs, 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.
2019-03-18	House	Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Labor, Armed Services, and Veterans' Affairs, 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.
2019-03-18	House	Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Labor, Armed Services, and Veterans' Affairs, 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.
2019-03-18	House	Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Labor, Armed Services, and Veterans' Affairs, 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.
2019-03-18	House	Introduced in House

SB2114 (Related) 2019-07-15 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/1810/all-info
Text	https://www.congress.gov/116/bills/hr1810/BILLS-116hr1810ih.pdf