RepublicanBill · H.R. 2660· House(119-HR-2660)

To amend the Internal Revenue Code of 1986 to exempt qualified student loan bonds from the volume cap and the alternative minimum tax.

Rep. Feenstra
Age: 57 years
Iowa
Introduced
4/7/2025
Last activity
4/7/2025 — Referred to the House Committee on Ways and Means.
Sponsored by
Randy Feenstra
Cosponsors
Republican - 5Democrat - 1
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill proposes amendments to the Internal Revenue Code of 1986. The primary goal is to exempt qualified student loan bonds from the volume cap. It also seeks to exempt these bonds from the alternative minimum tax. These changes would specifically exclude student borrowers from the definition of 'ultimate borrower' for certain pooled financing bond rules. The changes would apply to obligations issued after the date of the Act's enactment.

Yes· 3 of 5

  • Would students be better off under this?+5

    The bill facilitates the issuance of qualified student loan bonds, potentially increasing access to education financing.

  • Does this make college cost less?+5

    By exempting student loan bonds from the volume cap and AMT, the bill facilitates increased issuance of student loan financing.

  • Would people in their twenties and thirties be better off under this?+4

    Increased accessibility to student loan financing may benefit young adults entering higher education.

The opposite

No question was scored the opposite.