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- H.R.2311
H.R.2311: Kid's Bank Act
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced July 30, 1997
- Latest Major Action July 30, 1997
Bill Sponsor
Bill Cosponsors
6 (2 Democrats, 5 Republicans)
Bill Summary
Kid's Bank Act - Amends the Higher Education Act of 1965 (HEA) to include under the definition of an eligible lender a bank that: (1) is a wholly owned subsidiary of a tax-exempt charitable nonprofit foundation; (2) makes HEA student loans only to undergraduate students who are age 22 or younger; and (3) has a portfolio of such loans that is not more than $10 million.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Education and the Workforce.
|
|
| July 30, 1997 |
Introduced in the House by Bob Schaffer (R-Colo.) |