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- S.1860
S.1860: New Homestead Economic Opportunity Act
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about education
- Introduced Dec. 20, 2001
- Latest Major Action May 20, 2002
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
11 (9 Democrats, 3 Republicans)
Bill Summary
New Homestead Economic Opportunity Act - Directs the Secretary of Education to repay a specified percentage (up to $3,000 per year) of certain education loans to an individual who completes a degree and both resides and is employed in a qualifying county outside a metropolitan statistical area which for 20 years has a net out-migration of inhabitants of at least ten percent of the county population.Amends the Internal Revenue Code to allow a...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Read twice and referred to the Committee on Finance.
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Sponsor introductory remarks on measure.
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| Dec. 20, 2001 |
Introduced in the Senate by Byron L. Dorgan (D-N.D.) |