S. 1003
Comprehensive Student Loan Protection Act
Cloture on the motion to proceed to measure not invoked in Senate by Yea-Nay Vote. 40 - 57. Record Vote Number: 142. (consideration: CR S3976-3977; text: CR S3977)
Sponsor
Sen. Coburn, Tom [R-OK]
Bill Details
- Update Date
- Feb 20, 2019
- Update Date (incl. Text)
- Jan 10, 2023
- Origin Chamber
- Senate
- Bill Type
- S
- Bill Number
- 1,003
- Congress
- 113
- Introduced Date
- May 21, 2013
- Policy Area
- Education
- Is Law
- No
Cloture on the motion to proceed to measure not invoked in Senate by Yea-Nay Vote. 40 - 57. Record Vote Number: 142. (consideration: CR S3976-3977; text: CR S3977)
Source: Senate
Cloture motion on the motion to proceed to measure presented in Senate. (consideration: CR S3949; text: CR S3949)
Source: Senate
Motion to proceed to consideration of measure, by unanimous consent, made in Senate. (consideration: CR S3949)
Source: Senate
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 76.
Source: Senate
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Source: Senate
Introduced in Senate
Source: Library of Congress
Comprehensive Student Loan Protection Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to set the interest rate on Direct Loans, for any 12-month period beginning on July 1 and ending on June 30, at the bond equivalent rate of 10-year Treasury bills auctioned at the final auction held prior to such June 1, plus 3%.
Makes: (1) that formula applicable to Direct Loans first disbursed on or after July 1, 2013, and (2) the rate set on such loans applicable for the life of the loans.
Requires any savings to the federal government that result from this Act's amendment to be used for deficit reduction.
Placed on Calendar Senate
May 22, 2013