3018 -- Degrees Not Debt Act of 2018 | Poliscope

Degrees Not Debt Act of 2018

3018

115th Congress

Education

In Committee

Legislative Progress

✓

Introduced

Committee

Floor Vote

Other Chamber

Enacted

Introduced

June 6, 2018

Latest Action

June 6, 2018

Primary Sponsor

Martin HeinrichDemocratic(NM)

Momentum (last 30 days)

score

0 actions · 0 new cosponsors · 0 votes

Speed vs cohort

0pct

0d open

vs 3,805 other S bills in the 115th — cohort avg 41d

Summary

Degrees Not Debt Act of 2018 This bill repeals the alternative minimum tax exemption and the increased estate and gift tax exemption provided in 2017, uses the tax revenue to increase need-based federal student aid provided to students of institutions of higher education (IHEs), eliminates Pell Grant funding for institutions of higher education in states that do not maintain their funding levels for IHEs, and requires IHEs to disclose performance indicators (e.g., graduation rates and employments outcomes).