S. 2051 (112th): A bill to amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans.

Introduced:
Jan 31, 2012 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
John “Jack” Reed
Senior Senator from Rhode Island
Party
Democrat
Text
Read Text »
Last Updated
Jan 31, 2012
Length
2 pages
Related Bills
H.R. 3826 (identical)

Referred to Committee
Last Action: Jan 25, 2012

S. 2343 (Related)
Stop the Student Loan Interest Rate Hike Act of 2012

Failed Senate
May 24, 2012

 
Status

This bill was introduced on January 31, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Jan 31, 2012
Referred to Committee Jan 31, 2012
 
Summary

No summaries available.

Cosponsors
18 cosponsors (17D, 1I) (show)
Committees

Senate Health, Education, Labor, and Pensions

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

S. stands for Senate bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


1/31/2012--Introduced.
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 on or after July 1, 2012.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

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