Income-Dependent Education Assistance Act of 2006

Summary

Income-Dependent Education Assistance Act of 2006 - Directs the Secretary of Education to conduct a direct income-dependent education assistance (IDEA) loan program, from July 1, 2007, through July 1, 2013, under which student borrowers of Federal Family Education Loans (FFEL) or Direct Loans (DL), under parts B and D of title IV of the Higher Education Act of 1965, may elect to convert or consolidate such loans to direct IDEA loans. Provides that when a student defaults on a loan under the FFEL or DL programs and it is repaid or canceled by the Secretary, it is thereby converted to a direct IDEA loan. Amends the Internal Revenue Code to collect IDEA loan repayments through the income tax withholding system.

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Timeline

1. 14 September 2006

   Introduced

   Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, 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.

   Source: IntroReferral

2. 14 September 2006

   Introduced

   Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, 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.

   Source: IntroReferral

3. 14 September 2006

   Introduced

   Sponsor introductory remarks on measure. (CR E1728)

   Source: IntroReferral

4. 14 September 2006

   Introduced

   Introduced in House

   Source: IntroReferral

5. 14 September 2006

   Introduced

   Introduced in House

   Source: IntroReferral

6. 2 November 2006

   Referred

   Referred to the Subcommittee on 21st Century Competitiveness.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 14 September 2006 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 14 September 2006

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 14 September 2006

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 14 September 2006

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  Vertaal document

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

Sponsors

• Rep. Petri, Thomas E. [R-WI-6] · R · Sponsor
• Rep. Johnson, Nancy L. [R-CT-5] · R · Cosponsor
• · hsed00 · Standing
• · hswm00 · Standing

Related records

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