Interest Rate Reduction Act

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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Timeline

1. 25 April 2012

   Introduced

   Introduced in the Senate. Read twice. Ordered Placed on Senate Legislative Calendar under General Orders. Calendar No. 370.

   Source: Calendars

2. 25 April 2012

   Introduced

   Sponsor introductory remarks on measure. (CR S2733-2734)

   Source: IntroReferral

3. 25 April 2012

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Placed on Calendar Senate · 25 April 2012 · Download file

Documents

3 official files

• Placed on Calendar Senate (text)

  Placed on Calendar Senate · EN · 25 April 2012

  ViewDownloadOpen at official source

• Placed on Calendar Senate (PDF)

  Placed on Calendar Senate · EN · 25 April 2012

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 25 April 2012

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

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

Sponsors

• Sen. Alexander, Lamar [R-TN] · R · Sponsor
• Sen. McConnell, Mitch [R-KY] · R · Sponsor
• Sen. Enzi, Michael B. [R-WY] · R · Sponsor
• Sen. Kyl, Jon [R-AZ] · R · Sponsor
• Sen. Cornyn, John [R-TX] · R · Sponsor
• Sen. Wicker, Roger F. [R-MS] · R · Sponsor
• Sen. Inhofe, James M. [R-OK] · R · Sponsor
• Sen. Barrasso, John [R-WY] · R · Sponsor
• Sen. Hutchison, Kay Bailey [R-TX] · R · Sponsor
• Sen. Blunt, Roy [R-MO] · R · Sponsor
• Sen. Hoeven, John [R-ND] · R · Sponsor
• Sen. Johanns, Mike [R-NE] · R · Sponsor
• Sen. Coats, Daniel [R-IN] · R · Sponsor
• Sen. Isakson, Johnny [R-GA] · R · Sponsor
• Sen. Portman, Rob [R-OH] · R · Cosponsor
• Sen. Heller, Dean [R-NV] · R · Cosponsor
• Sen. Rubio, Marco [R-FL] · R · Cosponsor
• Sen. Thune, John [R-SD] · R · Cosponsor
• Sen. Roberts, Pat [R-KS] · R · Cosponsor
• Sen. Cochran, Thad [R-MS] · R · Cosponsor
• Sen. Chambliss, Saxby [R-GA] · R · Cosponsor
• Sen. Ayotte, Kelly [R-NH] · R · Cosponsor

Related records

• related to → To repeal the Prevention and Public Health Fund.
• related to → To amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans.
• related to → Stop the Rate Hike Act of 2012
• related to → Investing in Our Student's Future Act
• related to → A bill to amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans.
• related to → Interest Rate Reduction Act
• related to ← Stop the Student Loan Interest Rate Hike Act of 2012
• related to ← Subsidized Stafford Loan Reduced Interest Rate Extension Act of 2012