H.R.9469

H. R. 9469

June 25, 2026

Mrs. Houchin (for herself and Mr. Torres of New York) introduced the following bill; which was 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

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.

1. Short title; table of contents; TITLE I—TAX TREATMENT OF OBF PRODUCTS; 101. Exclusion of income from discharge of indebtedness; 102. Treatment as interest on education loan; 103. Amounts treated as educational assistance; 104. Treatment of amounts received by OBF provider; TITLE II—DISCLOSURES APPLICABLE TO OBF PRODUCTS; 201. Disclosures; 202. Advertising of OBF products; TITLE III—CONSUMER PROTECTIONS FOR OBF PRODUCTS; 301. Consumer protections; 302. Treatment under bankruptcy laws; TITLE IV—OTHER CLARIFICATIONS TO SUPPORT OBF PRODUCTS; 401. Consent to continuing release of taxpayer information under OBF products; 402. Amendments to the higher education Act of 1965; 403. Supporting outcomes-based underwriting; 404. Treatment under the fair credit reporting act

Amounts received by outcomes-based financing provider