Eliminating the Hidden Student Loan Tax Act

Summary

Eliminating the Hidden Student Loan Tax Act This bill amends the Higher Education Act of 1965 to repeal the authority of the Department of Education (ED) to charge an origination fee on future loans under the William D. Ford Federal Direct Loan program. Specifically, the bill repeals ED's authority to charge an origination fee on a direct loan first disbursed, or, in the case of a direct consolidation loan, for which an application is received, on or after July 1, 2017. (Origination fees are the fees lenders charge for processing new loan applications.)

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Timeline

1. 26 September 2017

   Introduced

   Referred to the House Committee on Education and the Workforce.

   Source: IntroReferral

2. 26 September 2017

   Introduced

   Introduced in House

   Source: IntroReferral

3. 26 September 2017

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 26 September 2017 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 26 September 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 26 September 2017

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 26 September 2017

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Davis, Susan A. [D-CA-53] · D · Sponsor
• Rep. Messer, Luke [R-IN-6] · R · Cosponsor
• · hsed00 · Standing

Related records

• related to → Student Opportunity Act
• related to → Eliminating the Hidden Student Loan Tax Act
• related to ← Student Loan Refinancing and Recalculation Act
• related to ← Eliminating the Hidden Student Loan Tax Act