Bill116th CongressFiled Jun 18, 2020Armed Forces and National Security
S. 4002
Servicemember Student Loan Affordability Act of 2020
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jun 18, 2020)
Servicemember Student Loan Affordability Act of 2020
This bill extends the 6% interest rate limitation on debt entered into during a service member's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.
What just happenedJun 18, 2020
Read twice and referred to the Committee on Veterans' Affairs. (text: CR S3104)
Who’s behind it
Sen. Durbin, Richard J. [D-IL](D-IL)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions4subjects
- Introduced in SenateJun 18, 2020
- Jun 18, 2020IntroReferral
Read twice and referred to the Committee on Veterans' Affairs. (text: CR S3104)
Veterans' Affairs Committee - Jun 18, 2020IntroReferral10000
Introduced in Senate