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- S.2114
S.2114: ISA Student Protection Act of 2019
About This Bill
- Introduced July 15, 2019
- Latest Major Action July 15, 2019
Bill Sponsor
Bill Cosponsors
3 (2 Democrats, 1 Republican)
Bill Version
- Introduced in Senate - July 15, 2019
Bill Summary
ISA Student Protection Act of 2019 This bill 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...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| July 15, 2019 |
Read twice and referred to the Committee on Finance.
|
| July 15, 2019 |
Introduced in the Senate by Todd Young (R-Ind.) |