Round voting button logo

H.R.9469

Outcomes-Based Financing (OBF) for Students Act

Introduced·6/25/26

Outcomes-Based Financing (OBF) for Students Act establishes consumer protections for outcomes-based financing products.

The Outcomes-Based Financing (OBF) for Students Act establishes a consumer protection framework for outcomes-based financing products, which are financial agreements where payments are based on a student's future income. The Act includes provisions for tax treatment, disclosure requirements, and consumer protections. It exempts OBF products from certain state laws and regulations, sets limits on payment obligations, and requires specific disclosures to be made to consumers.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.

Where it stands

Current
Financial Services Committee
Next
Committee decision

Sponsors

D
1
1
R
Democratic CaucusRepublican Caucus

History

Jun 25

House

Introduced in House

Jun 25

House

Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Workforce, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.