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United States · Amendment · HAMDT

HAMDT 1004 (110th)

An amendment numbered 1 printed in House Report 110-590 to make technical and conforming changes; state that loan limit increases available under this Act are available only to students meeting the requirements of section 484(a) of the HEA; target the loan limit increases to those students and families in most need; in regard to school-wide lender-of-last-resort eligibility, specifies that the Secretary of Education shall determine whether a school qualifies and provides criteria for the Secretary to consider in making the determination; specifies that funds received by lenders from loan sales be used to originate new loans; clarifiy that the Secretary has the authority to enter into forward commitments to purchase new loans; and clarifies that, at the discretion of the Secretary, a loan purchased by the Secretary may continue to be serviced by the current lender.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the Miller, George amendment (A001) Agreed to by recorded vote: 413 - 0 (Roll no. 203).

Sponsors

Rep. Miller, George [D-CA-11]

Subjects

Education

Source updated

25 February 2022

Education

Records

Official amendment HAMDT 1004 (110th) from United States at United States Congress. Status: On agreeing to the Miller, George amendment (A001) Agreed to by recorded vote: 413 - 0 (Roll no. 203)..

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Sources

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