Library / Laws / 113th / hr / H.R. 2573 / Introduced in House
I
113th CONGRESS
1st Session
H. R. 2573
IN THE HOUSE OF REPRESENTATIVES
June 28, 2013
Mr. Flores (for
himself and Mr. Cuellar) introduced
the following bill; which was referred to the
Committee on Ways and
Means
A BILL
To amend the Internal Revenue Code of 1986 to allow
qualified scholarship funding corporations to access tax-exempt financing for
alternative private student loans.
1.
Short title
This Act may be cited as the
Student Loan Opportunity Act of
2013.
2.
Qualified scholarship
funding corporation tax-exempt financing for alternative private student
loans
(a)
In
general
Paragraph (2) of section 150(d) of the Internal Revenue
Code of 1986 is amended by striking established and and
incurred under the Higher Education Act of 1965 in subparagraph
(A) thereof.
(b)
Effective
date
The amendment made by this section shall apply to bonds
issued after the date of enactment of this Act.