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Outcomes-Based Financing (OBF) for Students Act
7/16/2026, 3:30 PM
Summary of Bill S 4943
The bill introduced in the 119th Congress, designated as S. 4943 and introduced on June 24, 2026, aims to establish a consumer protection framework that will facilitate the advancement of outcomes-based student financing tools to bolster workforce training, postsecondary education, and economic development.
Read the Full Bill
Current Status of Bill S 4943
Bill S 4943 is currently in the status of Bill Introduced since June 24, 2026. Bill S 4943 was introduced during Congress 119 and was introduced to the Senate on June 24, 2026. Bill S 4943's most recent activity was Read twice and referred to the Committee on Finance. as of June 24, 2026
Bipartisan Support of Bill S 4943
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
2Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4943
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill S 4943
A bill to provide a consumer protection framework necessary to support the growth of outcomes-based student financing tools to support workforce training, postsecondary education, and economic development, and for other purposes.
A bill to provide a consumer protection framework necessary to support the growth of outcomes-based student financing tools to support workforce training, postsecondary education, and economic development, and for other purposes.
Comments
Hadassah Pennington
1,180
1 month ago
This bill is gonna help students get the education they need to succeed in life. It's about time we start holding schools accountable for how well they're preparing our kids for the future. I'm all for this, it's gonna make a big difference for me and my family. Can't wait to see the positive changes this brings!
Sponsors and Cosponsors of S 4943
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