United States · Bill · S
S. 1003 (113th)
Comprehensive Student Loan Protection Act
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
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
21 May 2013
Introduced
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Source: Calendars
21 May 2013
Introduced
Introduced in Senate
Source: IntroReferral
22 May 2013
Calendars
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 76.
Source: Calendars
4 June 2013
Floor
Motion to proceed to consideration of measure, by unanimous consent, made in Senate. (consideration: CR S3949)
Source: Floor
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
- Sen. Franken, Al [D-MN]Nay
- Sen. Klobuchar, Amy [D-MN]Nay
- Sen. King, Angus S., Jr. [I-ME]Nay
- Sen. Boxer, Barbara [D-CA]Nay
Showing the first 4 recorded positions. Vote totals above are complete.
Versions
- Placed on Calendar Senate · 22 May 2013 · Download file
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
Placed on Calendar Senate (PDF)
Placed on Calendar Senate · EN · 22 May 2013
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Introduced in Senate
summary · EN · 21 May 2013
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Sponsors
- Sen. Coburn, Tom [R-OK] · R · Sponsor
- Sen. Burr, Richard [R-NC] · R · Sponsor
- Sen. Alexander, Lamar [R-TN] · R · Sponsor
- Sen. Isakson, Johnny [R-GA] · R · Sponsor
- Sen. Heller, Dean [R-NV] · R · Cosponsor
- Sen. Kirk, Mark Steven [R-IL] · R · Cosponsor
Related records
- related to → Comprehensive Student Loan Protection Act
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/113th-congress/senate-bill/1003
- Open data entity: https://api.congress.gov/v3/bill/113/s/1003
- us · 113-s-1003 · source updated 5 December 2025