FUTURE Act

Bill: 116-hr-5363
Sponsor: Rep. Adams, Alma S. [D-NC-12]
Introduced: 2019-12-09 in the House
Policy area: Taxation
Subjects: Congressional oversight
Educational facilities and institutions
Government information and archives
Government trust funds
Higher education
Minority education
Student aid and college costs
Student records

Summary:
action_date: 2019-12-09
text: 

Fostering Undergraduate Talent by Unlocking Resources for Education Act or the FUTURE Act

 
This bill permanently authorizes funding for minority-serving institutions of higher education and increases the authorization of appropriations for Pell Grants.

action_date: 2019-12-10
text: 

Fostering Undergraduate Talent by Unlocking Resources for Education Act or the FUTURE Act
 
 
 This bill permanently authorizes funding for minority-serving institutions of higher education and increases the authorization of appropriations for Pell Grants.
 
This bill directs the Internal Revenue Service (IRS), upon the written request of the Department of Education (ED), to disclose to any authorized person, tax return information to determine eligibility for recertifications for income-contingent or income-based repayments of student loans, discharges of loans based on total and permanent disability, and the amount of student financial aid under the Higher Education Act of 1965. The IRS must also establish and implement procedures for recertifying income for purposes of this bill and for requesting tax return information. 
 
The bill requires ED and the IRS to issue joint reports to Congress on this bill, including an update on the status of implementation of this bill and an evaluation of how such implementation affected the processing of applications for financial aid and discharge of student loans. 

action_date: 2019-12-10
text: 

Fostering Undergraduate Talent by Unlocking Resources for Education Act or the FUTURE Act
 
 
 This bill permanently authorizes funding for minority-serving institutions of higher education and increases the authorization of appropriations for Pell Grants.
 
This bill directs the Internal Revenue Service (IRS), upon the written request of the Department of Education (ED), to disclose to any authorized person, tax return information to determine eligibility for recertifications for income-contingent or income-based repayments of student loans, discharges of loans based on total and permanent disability, and the amount of student financial aid under the Higher Education Act of 1965. The IRS must also establish and implement procedures for recertifying income for purposes of this bill and for requesting tax return information. 
 
The bill requires ED and the IRS to issue joint reports to Congress on this bill, including an update on the status of implementation of this bill and an evaluation of how such implementation affected the processing of applications for financial aid and discharge of student loans. 

action_date: 2019-12-19
text: 

Fostering Undergraduate Talent by Unlocking Resources for Education Act or the FUTURE Act
 
 
 This bill permanently authorizes funding for minority-serving institutions of higher education and increases the authorization of appropriations for Pell Grants.
 
This bill directs the Internal Revenue Service (IRS), upon the written request of the Department of Education (ED), to disclose to any authorized person, tax return information to determine eligibility for recertifications for income-contingent or income-based repayments of student loans, discharges of loans based on total and permanent disability, and the amount of student financial aid under the Higher Education Act of 1965. The IRS must also establish and implement procedures for recertifying income for purposes of this bill and for requesting tax return information. 
 
The bill requires ED and the IRS to issue joint reports to Congress on this bill, including an update on the status of implementation of this bill and an evaluation of how such implementation affected the processing of applications for financial aid and discharge of student loans. 


Legislative actions:
action_date: 2019-12-19
text: Became Public Law No: 116-91.
action_date: 2019-12-19
text: Became Public Law No: 116-91.
action_date: 2019-12-19
text: Signed by President.
action_date: 2019-12-19
text: Signed by President.
action_date: 2019-12-17
text: Presented to President.
action_date: 2019-12-17
text: Presented to President.
action_date: 2019-12-11
text: Message on Senate action sent to the House.
action_date: 2019-12-10
text: Received in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote. (consideration: CR S6956)
action_date: 2019-12-10
text: Passed/agreed to in Senate: Received in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.(consideration: CR S6956)
action_date: 2019-12-10
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2019-12-10
text: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 319 - 96 (Roll no. 659). (text: CR H9961-9963)
action_date: 2019-12-10
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 319 - 96 (Roll no. 659).(text: CR H9961-9963)
action_date: 2019-12-10
text: Considered as unfinished business. (consideration: CR H9969)
action_date: 2019-12-10
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
action_date: 2019-12-10
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 5363.
action_date: 2019-12-10
text: Considered under suspension of the rules. (consideration: CR H9961-9967)
action_date: 2019-12-10
text: Ms. Adams moved to suspend the rules and pass the bill, as amended.
action_date: 2019-12-09
text: Referred to the House Committee on Education and Labor.
action_date: 2019-12-09
text: Introduced in House
action_date: 2019-12-09
text: Introduced in House

Enacted as: number: 116-91