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United States · Bill · HR

H.R. 4628 (109th)

Student Loan Marketplace Equity Act

referredUnited States· United States Congress· EN

Introduced

17 December 2005

Last action

Status

Referred to the Subcommittee on 21st Century Competitiveness.

Sponsors

Subjects

Discovery layer

Source updated

23 March 2026

Summary

Student Loan Marketplace Equity Act - Amends the Higher Education Act of 1965 to impose a special fee on the entity whose portfolio of interests in student loans has the greatest value (dominant lender), as determined annually by the Secretary of Education. Requires the dominant lender to pay the fee to the Secretary monthly, calculated annually in an amount equal to 0.25% of such portfolio value.

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Documents

3 official files

Introduced in House (text)

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Sources

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