Supporting America’s Young Entrepreneurs Act of 2019
Legislative Progress
Introduced
January 3, 2019
Latest Action
January 3, 2019
Primary Sponsor
Nydia M. VelázquezDemocratic(NY)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
0pct
0d open
vs 9,062 other HR bills in the 116th — cohort avg 39d
Supporting America's Young Entrepreneurs Act of 2019 This bill makes eligible for deferment and cancelation of student loan debt a recent graduate of a four-year institution of higher education (IHE) who works at certain small business start-ups in distressed areas. Specifically, it makes a student loan borrower who is an employee and founder of a start-up eligible for deferment and cancellation of student loans. In addition, the bill makes a full-time employee of a start-up eligible for cancelation of student loan debt. It also excludes from an individual's gross income, for income tax purposes, the amount of such canceled student loan debt. Finally, it establishes a young entrepreneurs business center within the Small Business Administration to certify small business start-ups, identify distressed areas, and approve loan cancellations. To be certified by the center, a start-up must (1) have a founder who is a recent graduate of a four-year IHE, and (2) employ a certain number of recent graduates.
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Filing registrants (2)
2019 · first_quarter · Education
Support and pass re-authorization of the Higher Education Act that advocates for simpler FAFSA applications, gainful employment policy from universities, and an overhaul of the loan repayment system. Higher Education Act Re-authorization and Workforce Development issues including investment in STEM education financial aid, campus health and safety, sexual assault prevention; support redefining the criteria included in the Department of Education's proposed changes to regulations implementing Title IX of the Education Amendments of 1972 without the proposed language, "pervasive, Severe, and objectively effective"; do not support allowance of cross examinations in internal adjudication processes, support reverting to the standard of evidence back to "preponderance of evidence" as opposed to "Clear and convincing evidence"; support expanding the Garrett Lee Smith Memorial Grant through legislation similar to H.R. 339 from 114th Congress; Continue to increase funding for mental health programs and initiatives; Support mental health services for students. Support legislation with similar language as S.1628 "know before you owe Act" introduced in 115th Congress; support maintaining Pell grant above inflationary rates; support reauthorizing the Leveraging Education Assistance Partnership Program within the Higher Education Re-authorization act to expand student access to institutions of Higher Education and strengthen the relationship between students, states, and the federal government; discussed Congressperson's general proposal regarding study abroad opportunities for Pell grant students. Support and pass bill such as H.R. 1043 and S.460 "Employer Participation in Repayment Act of 2019" to allow employers to contribute tax-free payments towards their employees' student loans. Support and pass legislation such as H.R. 231 "Supporting America's Young Entrepreneurs Act of 2019" to encourage small business and start-up growth through no-interest deferment and loan forgiveness programs particularly in economically distressed regions. Campus sexual misconduct prevention and accountability; support H.R. 36, support H.R.761. Support use of the definition of sexual harassment described by the Equal Employment Opportunity Commission (EEOC) and the White House Task Force to Protect Students from Sexual Assault as "unwelcome conduct of a sexual nature, including unwelcome sexual advances, requests for sexual favors, and other verbal, nonverbal or physical conduct of a sexual nature" for Title IX regulations. Require universities to investigate Title IX complaints when incidents take place on and off campus.
Referred to the Committee on Education and Labor, and in addition to the Committees on Ways and Means, and Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $90,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2019 · first_quarter · Indian/Native American Affairs
Conveyance of lands to Canyon Village, including H.R. 231, S. 1487, S. 1481.
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), SENATE