Tax breaks for student loan bonds could lower borrowing costs for students.
This bill would make it easier for state and local governments to issue bonds that help fund student loans. By removing certain tax rules, it could lead to lower interest rates for students borrowing money for college. It aims to make these bonds more attractive to investors and simpler to manage for those who issue them.
Today, qualified student loan bonds are limited by a state cap on how many can be issued, and their interest is sometimes counted towards a special minimum tax for investors. After this bill, these bonds would be exempt from the state cap and the alternative minimum tax, which could make them cheaper to issue and more attractive to investors.
S 3761 · 119th Congress · February 3, 2026 · AI Summary by gemini-2.5-flash · 10/10
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1 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.