Bill116th CongressFiled Jul 1, 2020Education
S. 4141
Bank on Students Coronavirus Emergency Loan Refinancing 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 (Jul 1, 2020)
Bank on Students Coronavirus Emergency Loan Refinancing Act of 2020
This bill establishes refinancing programs for federal and private student loans. Specifically, it allows certain borrowers to refinance their federal student loans down to lower interest rates, and creates the Federal Direct Refinanced Private Loan to allow certain borrowers to refinance their private student loans.
What just happenedJul 1, 2020
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Who’s behind it
Sen. Warren, Elizabeth [D-MA](D-MA)Sponsor
35 cosponsors34 D1 I
35cosponsors1committees2actions1related bills8subjects
- Introduced in SenateJul 1, 2020
- Jul 1, 2020IntroReferral
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Health, Education, Labor, and Pensions Committee - Jul 1, 2020IntroReferral10000
Introduced in Senate