S. 2366 (112th): Interest Rate Reduction Act


Apr 25, 2012
112th Congress, 2011–2013

Died in a previous Congress

This bill was introduced on April 25, 2012, in a previous session of Congress, but was not enacted.


Lamar Alexander

Senator from Tennessee



Read Text »
Last Updated: Apr 25, 2012
Length: 4 pages

See Instead:

H.R. 4628 (same title)
Passed House — Apr 27, 2012

About the bill

Full Title

A bill to extend student loan interest rates for undergraduate Federal Direct Stafford Loans.

Summary (CRS)

4/25/2012--Introduced.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 ... Read more >

The bill’s title was written by its sponsor.


Apr 25, 2012

This is the first step in the legislative process.

Apr 25, 2012
Reported by Committee

A committee has issued a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

This is a Senate bill in the United States Congress (indicated by the “S.” in “S. 2366”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


21 cosponsors (21R) (show)

There have been no roll call votes related to this bill.

Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 4628 (identical)

Passed House
Last Action: Apr 27, 2012

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

Failed Senate
May 24, 2012

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Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.


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