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United States · Bill · S

S. 1003 (113th)

Comprehensive Student Loan Protection Act

openUnited States· United States Congress· EN

Introduced

21 May 2013

Last action

6 June 2013 · Vote

Status

Cloture on the motion to proceed to measure not invoked in Senate by Yea-Nay Vote. 40 - 57. Record Vote Number: 142. (consideration: CR S3976-3977; text: CR S3977)

Sponsors

Sen. Coburn, Tom [R-OK], Sen. Burr, Richard [R-NC], Sen. Alexander, Lamar [R-TN], Sen. Isakson, Johnny [R-GA], Sen. Heller, Dean [R-NV], Sen. Kirk, Mark Steven [R-IL]

Subjects

Education

Source updated

5 December 2025

Education

Summary

Comprehensive Student Loan Protection Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to set the interest rate on Direct Loans, for any 12-month period beginning on July 1 and ending on June 30, at the bond equivalent rate of 10-year Treasury bills auctioned at the final auction held prior to such June 1, plus 3%. Makes: (1) that formula applicable to Direct Loans first disbursed on or after July 1, 2013, and (2) the rate set on such loans applicable for the life of the loans. Requires any savings to the federal government that result from this Act's amendment to be used for deficit reduction.

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

Timeline

  1. 21 May 2013

    Introduced

    Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

    Source: Calendars

  2. 21 May 2013

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 22 May 2013

    Calendars

    Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 76.

    Source: Calendars

  4. 4 June 2013

    Floor

    Motion to proceed to consideration of measure, by unanimous consent, made in Senate. (consideration: CR S3949)

    Source: Floor

  5. 6 June 2013

    Vote

    Cloture on the motion to proceed to measure not invoked in Senate by Yea-Nay Vote. 40 - 57. Record Vote Number: 142. (consideration: CR S3976-3977; text: CR S3977)

    Source: Floor

Votes

6 June 2013 · Cloture Motion Rejected · On the Cloture Motion S. 1003 · Cloture Motion Rejected · Official source

Yes 40 · No 57 · Abstain — · Absent/not voting 2

Showing the first 4 recorded positions. Vote totals above are complete.

Versions

Documents

3 official files

Placed on Calendar Senate (text)

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Leesvertaling

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  • Placed on Calendar Senate (text)

    Placed on Calendar Senate · EN · 22 May 2013

    ViewDownloadOpen at official source

  • Placed on Calendar Senate (PDF)

    Placed on Calendar Senate · EN · 22 May 2013

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 21 May 2013

    Open at official source

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Sponsors

Related records

Sources

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