VoterlyH.R. 5363: FUTURE Act
116th Congress · Sponsored from North Carolina · Became law
What this bill does
Fostering Undergraduate Talent by Unlocking Resources for Education Act or the FUTURE Act This bill permanently authorizes funding for minority-serving institutions of higher education and increases the authorization of appropriations for Pell Grants. This bill directs the Internal Revenue Service (IRS), upon the written request of the Department of Education (ED), to disclose to any authorized person, tax return information to determine eligibility for recertifications for income-contingent or income-based repayments of student loans, discharges of loans based on total and permanent disability, and the amount of student financial aid under the Higher Education Act of 1965. The IRS must also establish and implement procedures for recertifying income for purposes of this bill and for requesting tax return information. The bill requires ED and the IRS to issue joint reports to Congress on this bill, including an update on the status of implementation of this bill and an evaluation of how such implementation affected the processing of applications for financial aid and discharge of student loans.
Key facts
- Status Became law
- Introduced 2019-12-09
- Policy area Taxation
- Cosponsors 3
- Latest action Became Public Law No: 116-91.
Sponsor
Who funds the sponsor?
Rep. Adams, Alma S. [D-NC-12] introduced H.R. 5363. On Voterly you can see their top campaign donors from public Federal Election Commission records — individuals, PACs, and industry groups (follow the money) — and compare that with how they vote.
See Rep. Adams, Alma S. [D-NC-12]'s donors & voting record →
Campaign donations show who helps fund the sponsor's election; they are not the same as who drafted or lobbied for the bill text. Lobbying disclosures are separate public records.
Take a position & compare alignment
Agree or disagree with H.R. 5363? Go to the homepage to record your view and compare your stance with how your representatives vote. See Rep. Adams, Alma S. [D-NC-12]'s profile to vote on their bills and check your alignment % with the sponsor.
Read the official text on Congress.gov →
Frequently asked questions
What does H.R. 5363 do?
Fostering Undergraduate Talent by Unlocking Resources for Education Act or the FUTURE Act This bill permanently authorizes funding for minority-serving institutions of higher education and increases the authorization of appropriations for Pell Grants. This bill directs the Inte…
Who sponsored H.R. 5363?
Rep. Adams, Alma S. [D-NC-12] (D) of North Carolina is the lead sponsor.
How do I find out who funds or lobbies for H.R. 5363?
Campaign-finance records (Federal Election Commission) show who funds the bill's sponsor. Separately, federal lobbying disclosures filed under the Lobbying Disclosure Act list the companies and lobbyists who reported lobbying on specific bills. Voterly links the sponsor's donors; lobbying records are public at the U.S. Senate and House lobbying databases.
Is H.R. 5363 now law?
Yes — the latest action indicates H.R. 5363 became law.