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S-CAP Act of 2025
5/2/2025, 8:29 PM
Summary of Bill HR 2777
The bill "S-CAP Act of 2025" was introduced in the 119th Congress on April 9, 2025. It is designated as H.R. 2777. The bill focuses on student loan forgiveness and aims to provide relief to borrowers burdened by student debt. It includes provisions for restructuring repayment plans, interest rate adjustments, and potential debt cancellation criteria. The bill also addresses issues related to loan servicing practices and borrower protections. More detailed information can be found in the bill's official PDF located at https://www.congress.gov/119/bills/hr2777/BILLS-119hr2777ih.pdf.
Read the Full Bill
Current Status of Bill HR 2777
Bill HR 2777 is currently in the status of Bill Introduced since April 9, 2025. Bill HR 2777 was introduced during Congress 119 and was introduced to the House on April 9, 2025. Bill HR 2777's most recent activity was Referred to the House Committee on Ways and Means. as of April 9, 2025
Bipartisan Support of Bill HR 2777
Total Number of Sponsors
3Democrat Sponsors
0Republican Sponsors
3Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2777
Primary Policy Focus
Alternate Title(s) of Bill HR 2777
To amend the Internal Revenue Code of 1986 to increase the number of eligible shareholders of an S corporation.
To amend the Internal Revenue Code of 1986 to increase the number of eligible shareholders of an S corporation.
Comments
Murphy Peck
652
10 months ago
I can't believe this bill is going to limit my access to healthcare services. It's going to make it harder for me to afford the care I need. This is going to have a negative impact on my life and the lives of many others.
Sponsors and Cosponsors of HR 2777
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