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United States · Bill · HR

H.R. 6397 (116th)

Coronavirus Emergency Student Loan Refinancing Act

referredUnited States· United States Congress· EN

Introduced

26 March 2020

Last action

26 March 2020 · Introduced

Status

Referred to the House Committee on Education and Labor.

Sponsors

Rep. Courtney, Joe [D-CT-2], Rep. Blumenauer, Earl [D-OR-3], Rep. Brown, Anthony G. [D-MD-4], Rep. Cárdenas, Tony [D-CA-29], Rep. Cicilline, David N. [D-RI-1], Rep. Cisneros, Gilbert Ray [D-CA-31], Rep. DeFazio, Peter A. [D-OR-4], Rep. DeLauro, Rosa L. [D-CT-3], Rep. DelBene, Suzan K. [D-WA-1], Rep. Dingell, Debbie [D-MI-6], Rep. Doyle, Michael F. [D-PA-14], Rep. Escobar, Veronica [D-TX-16], Rep. Foster, Bill [D-IL-11], Rep. Hayes, Jahana [D-CT-5], Rep. Himes, James A. [D-CT-4], Rep. Kilmer, Derek [D-WA-6], Rep. Larson, John B. [D-CT-1], Rep. Lee, Barbara [D-CA-12], Rep. Lynch, Stephen F. [D-MA-8], Rep. McNerney, Jerry [D-CA-9], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Payne, Donald M., Jr. [D-NJ-10], Rep. Perlmutter, Ed [D-CO-7], Rep. Peters, Scott H. [D-CA-50], Rep. Peterson, Collin C. [D-MN-7], Rep. Phillips, Dean [D-MN-3], Rep. Rush, Bobby L. [D-IL-1], Rep. Ryan, Tim [D-OH-13], Rep. Sánchez, Linda T. [D-CA-38], Rep. Schakowsky, Janice D. [D-IL-9], David Scott, Rep. Sewell, Terri A. [D-AL-7], Sen. Slotkin, Elissa [D-MI], Rep. Soto, Darren [D-FL-9], Rep. Stanton, Greg [D-AZ-4], Rep. Swalwell, Eric [D-CA-15], Rep. Takano, Mark [D-CA-39], Sen. Welch, Peter [D-VT], Rep. Yarmuth, John A. [D-KY-3], Rep. Bass, Karen [D-CA-37], Rep. Crow, Jason [D-CO-6], Rep. Carson, André [D-IN-7], Rep. Castro, Joaquin [D-TX-20], Rep. Cohen, Steve [D-TN-9], Rep. García, Jesús G. "Chuy" [D-IL-4], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Haaland, Debra A. [D-NM-1], Rep. Hastings, Alcee L. [D-FL-20]

Subjects

Education

Source updated

21 July 2025

Education

Summary

Coronavirus Emergency Student Loan Refinancing Act This bill establishes refinancing programs for federal and private student loans. Specifically, the bill establishes a program that allows qualified borrowers to refinance their federal student loans down to lower interest rates. Such refinanced interest rates are (1) calculated based on the type of student loan (e.g., Stafford), and (2) fixed for the period of the loan. In addition, the bill creates the Federal Direct Refinanced Private Loan as a new type of loan. Such loans allow qualified borrowers to refinance their private education loans.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 26 March 2020

    Introduced

    Referred to the House Committee on Education and Labor.

    Source: IntroReferral

  2. 26 March 2020

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 26 March 2020

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 26 March 2020

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  • Introduced in House (PDF)

    Introduced in House · EN · 26 March 2020

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 26 March 2020

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Sponsors

Showing 48 of 62 sponsors and actors.

Related records

Sources

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