United States · Bill · S
S. 2366 (112th)
Interest Rate Reduction Act
Introduced
25 April 2012
Last action
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Status
Introduced in the Senate. Read twice. Ordered Placed on Senate Legislative Calendar under General Orders. Calendar No. 370.
Sponsors
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Subjects
Discovery layer
Source updated
5 December 2025
Summary
Interest Rate Reduction Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2013. Amends the Patient Protection and Affordable Care Act to repeal provisions establishing and appropriating funds to the Prevention and Public Health Fund (a Fund to provide for expanded and sustained national investment in prevention and public health programs to improve health and help restrain the rate of growth in private and public sector health care costs). Rescinds any unobligated balances appropriated to such Fund.
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Votes
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Versions
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Documents
3 official files
Placed on Calendar Senate (text)
Placed on Calendar Senate · EN · 25 April 2012
Placed on Calendar Senate (PDF)
Placed on Calendar Senate · EN · 25 April 2012
Introduced in Senate
summary · EN · 25 April 2012
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/112th-congress/senate-bill/2366
- Open data entity: https://api.congress.gov/v3/bill/112/s/2366