Bill115th CongressFiled Jul 24, 2017Armed Forces and National Security
S. 1619
A bill to amend the Servicemembers Civil Relief Act to extend the interest rate limitation on debt entered into during military service to debt incurred during military service to consolidate or refinance student loans incurred before military service.
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What it doesSummary introduced in senate (Jul 24, 2017)
This bill amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.
What just happenedJul 24, 2017
Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4137-4138)
Who’s behind it
Sen. Durbin, Richard J. [D-IL](D-IL)Sponsor
4 cosponsors4 D
4cosponsors1committees2actions4subjects
- Introduced in SenateJul 24, 2017
- Jul 24, 2017IntroReferral
Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4137-4138)
Veterans' Affairs Committee - Jul 24, 2017IntroReferral10000
Introduced in Senate