To amend the Truth in Lending Act to establish a postsecondary education loan borrower bill of rights and to require certain creditors to obtain private loan certifications from institutions of higher education, to amend the Fair Credit Reporting Act to require the Bureau of Consumer Financial Protection to issue rules to establish standards for reporting information related to student loans to consumer reporting agencies, and for other purposes.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Representative for North Carolina's 12th congressional district. Democrat.
Last Updated: Dec 4, 2019
Length: 53 pages
116th Congress (2019–2021)
This bill was introduced on December 11, 2019, in a previous session of Congress, but it did not receive a vote.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
2 Cosponsors (2 Democrats)
Dec 4, 2019
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Dec 10, 2019
Considered by House Committee on Financial Services
A committee held a hearing or business meeting about the bill.
Dec 11, 2019
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.
H.R. 5294 (116th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 5294. This is the one from the 116th Congress.
This bill was introduced in the 116th Congress, which met from Jan 3, 2019 to Jan 3, 2021. Legislation not passed by the end of a Congress is cleared from the books.
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GovTrack.us. (2022). H.R. 5294 — 116th Congress: Student Borrower Protections Act of 2019. Retrieved from https://www.govtrack.us/congress/bills/116/hr5294
“H.R. 5294 — 116th Congress: Student Borrower Protections Act of 2019.” www.GovTrack.us. 2019. August 13, 2022 <https://www.govtrack.us/congress/bills/116/hr5294>
Student Borrower Protections Act of 2019, H.R. 5294, 116th Cong..
|title=H.R. 5294 (116th)
|accessdate=August 13, 2022
|author=116th Congress (2019)
|date=December 4, 2019
|quote=Student Borrower Protections Act of 2019
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