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HR 3275 102th Congress House Education Bank failures Checking accounts Deposit insurance Finance and Financial Sector Government Operations and Politics Savings accounts Student aid

To amend the Higher Act of 1965 to require special consideration in student aid decisions for students from families whose assets have been restricted because of bank and credit union failures.

Introduced: August 2, 1991 Introduced by: Reed, Jack Democratic · Rhode Island See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 24, 1991
Referred to the Subcommittee on Postsecondary Education.
Aug 2, 1991
Referred to the House Committee on Education and Labor.
Aug 2, 1991
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Higher Education Act of 1965 to provide for special consideration and adjustments of expected family contribution in student aid calculations to reflect the family's or student's lack of discretion and control over assets frozen in checking and savings accounts due to a State declaration of a bank emergency.

What's happening now October 24, 1991

Referred to the Subcommittee on Postsecondary Education.

 Committees of jurisdiction 2