A bill to amend the Higher Education Act of 1965 to establish fixed interest rates for student and parent borrowers, to extend current law with respect to special allowances for lenders, and for other purposes.

enactedUnited States· United States Congress· EN

Introduced

4 December 2001

Last action

8 February 2002 · President

Status

Became Public Law No: 107-139.

Summary

Amends of the Higher Education Act of 1965 (HEA) to set fixed interest rates for new loans to students or parents on or after July 1, 2006. Extends current interest rate provisions for loans with a first disbursement (or a consolidation loan application received) before such date. Extends provisions for special allowances for lenders, but limits payment of special allowances for PLUS loans on or after such date.

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

Timeline

4 December 2001
Introduced
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Source: IntroReferral
4 December 2001
Introduced
Introduced in Senate
Source: IntroReferral
12 December 2001
Calendars
Placed on Senate Legislative Calendar under General Orders. Calendar No. 277.
Source: Calendars
12 December 2001
Reported
Committee on Health, Education, Labor, and Pensions. Reported by Senator Kennedy without amendment. Without written report.
Source: Committee
12 December 2001
Reported
Committee on Health, Education, Labor, and Pensions. Reported by Senator Kennedy without amendment. Without written report.
Source: Committee
14 December 2001
Passed
Passed Senate without amendment by Unanimous Consent. (consideration: CR S13310-13311; text as passed Senate: CR S13310-13311)
Source: Floor
14 December 2001
Passed
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S13310-13311; text as passed Senate: CR S13310-13311)
Source: Floor
17 December 2001
Floor
Held at the desk.
Source: Floor
17 December 2001
Floor
Received in the House.
Source: Floor
17 December 2001
Floor
Message on Senate action sent to the House.
Source: Floor
20 December 2001
Passed
Motion to reconsider laid on the table Agreed to without objection.
Source: Floor
20 December 2001
Vote
On motion to suspend the rules and pass the bill Failed by recorded vote (2/3 required): 257 - 148 (Roll no. 512). (text: CR 12/19/2001 H10887-10888)
Source: Floor
20 December 2001
Vote
Failed of passage/not agreed to in House: On motion to suspend the rules and pass the bill Failed by recorded vote (2/3 required): 257 - 148 (Roll no. 512).(text: CR 12/19/2001 H10887-10888)
Source: Floor
20 December 2001
Floor
Considered under suspension of the rules. (consideration: CR 12/19/2001 H10887-10891)
Source: Floor
20 December 2001
Floor
At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Miller, George objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.
Source: Floor
20 December 2001
Floor
DEBATE - The House proceeded with forty minutes of debate on S. 1762.
Source: Floor
20 December 2001
Floor
Mr. Boehner moved to suspend the rules and pass the bill.
Source: Floor
23 January 2002
Reported
Rules Committee Resolution H. Res. 334 Reported to House. Rule provides for consideration of S. 1762 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions. Measure will be considered read. Bill is closed to amendments. One motion to commit is in order, if offered.
Source: Floor
24 January 2002
Passed
Motion to reconsider laid on the table Agreed to without objection.
Source: Floor
24 January 2002
Vote
On passage Passed by the Yeas and Nays: 372 - 3 (Roll no. 4). (text: CR H43)
Source: Floor
24 January 2002
Vote
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 372 - 3 (Roll no. 4).(text: CR H43)
Source: Floor
24 January 2002
Floor
The previous question was ordered pursuant to the rule.
Source: Floor
24 January 2002
Floor
Rule provides for consideration of S. 1762 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions. Measure will be considered read. Bill is closed to amendments. One motion to commit is in order, if offered.
Source: Floor
24 January 2002
Floor
Considered under the provisions of rule H. Res. 334. (consideration: CR H43-48)
Source: Floor
24 January 2002
Passed
Rule H. Res. 334 passed House.
Source: Floor
30 January 2002
Floor
Presented to President.
Source: Floor
30 January 2002
President
Presented to President.
Source: President
8 February 2002
Became law
Became Public Law No: 107-139.
Source: President
8 February 2002
Became law
Signed by President.
Source: BecameLaw
8 February 2002
President
Signed by President.
Source: President

Votes

No vote records are attached yet.

Versions

Enrolled Bill · — · Download file
Public Law · 8 February 2002 · Download file
Engrossed in Senate · 14 December 2001 · Download file
Reported to Senate · 12 December 2001 · Download file
Introduced in Senate · 4 December 2001 · Download file

Documents

12 official files

Enrolled Bill (text)

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Enrolled Bill (text)
Enrolled Bill · EN
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Enrolled Bill (PDF)
Enrolled Bill · EN
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Public Law (text)
Public Law · EN · 8 February 2002
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Public Law (PDF)
Public Law · EN · 8 February 2002
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Engrossed in Senate (text)
Engrossed in Senate · EN · 14 December 2001
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Engrossed in Senate (PDF)
Engrossed in Senate · EN · 14 December 2001
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Reported to Senate (text)
Reported to Senate · EN · 12 December 2001
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Reported to Senate (PDF)
Reported to Senate · EN · 12 December 2001
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Reported to Senate without amendment
summary · EN · 12 December 2001
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Introduced in Senate (text)
Introduced in Senate · EN · 4 December 2001
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Introduced in Senate (PDF)
Introduced in Senate · EN · 4 December 2001
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Introduced in Senate
summary · EN · 4 December 2001
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Related records

related to → Providing for consideration of the bill (S. 1762) to amend the Higher Education Act of 1965 to establish fixed interest rates for student and parent borrowers, to extend current law with respect to special allowances for lenders, and for other purposes.

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Direct relationships

Legal framework · A bill to amend the Higher Education Act of 1965 to establish fixed interest rates for student and parent borrowers, to extend current law with respect to special allowances for lenders, and for other purposes. · S. 1762 (107th) · US

Identifier matchPROJECTS_FROM
Same us record 107-s-1762 projected from PoliticalRepo US row.
A bill to amend the Higher Education Act of 1965 to establish fixed interest rates for student and parent borrowers, to extend current law with respect to special allowances for lenders, and for other purposes.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/107th-congress/senate-bill/1762
Open data entity: https://api.congress.gov/v3/bill/107/s/1762
us · 107-s-1762 · source updated 21 April 2025