H.R. 3826 (112th): To amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans.

The text of the bill below is as of Jan 25, 2012 (Introduced).

Source: GPO

I

112th CONGRESS

2d Session

H. R. 3826

IN THE HOUSE OF REPRESENTATIVES

January 25, 2012

(for himself, Mr. Peters, Mr. Reyes, Mr. Hinojosa, Mr. Jackson of Illinois, Mr. Braley of Iowa, Mr. Stark, Mr. Clarke of Michigan, Mr. Grijalva, and Ms. Norton) introduced the following bill; which was referred to the Committee on Education and the Workforce

A BILL

To amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans.

1.

Interest rate extension

Subparagraph (D) of section 455(b)(7) of the Higher Education Act of 1965 (20 U.S.C. 1087e(b)(7)) is amended—

(1)

in the matter preceding clause (i), by striking and before July 1, 2012,; and

(2)

in clause (v), by striking and before July 1, 2012,.