3.0.0 848 2023-01-11T13:36:59Z 2023-01-11T13:36:59Z Senate S 2017-04-05 115 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2017-04-05T21:26:15Z 2017-04-05 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S2367) IntroReferral 2017-04-05 Introduced in Senate IntroReferral 10000 9 Library of Congress H001076 Sen. Hassan, Margaret Wood [D-NH] Maggie Hassan D NH N Education Business investment and capital Higher education Interest, dividends, interest rates Minority and disadvantaged businesses Small business Student aid and college costs Education 00 2017-04-05 Introduced in Senate 2018-07-12T15:15:40Z 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.

]]> Reigniting Opportunity for Innovators Act Display Title Reigniting Opportunity for Innovators Act Official Title as Introduced A bill to amend the Higher Education Act of 1965 to encourage entrepreneurship by providing loan deferment and loan cancellation for founders and employees of small business startups, and for other purposes. Introduced in Senate IS Short Titles as Introduced Reigniting Opportunity for Innovators Act Introduced in Senate 2017-04-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s848is/xml/BILLS-115s848is.xml 2017-04-05 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S2367) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.