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HR 3002 104th Congress House

To amend the Higher Education Act of 1965 to exempt certain small lenders from the audit requirements of the guaranteed student loan program.

Introduced: June 18, 1996 See on congress.gov
Education AuditingCredit unionsEconomics and Public FinanceFederally-guaranteed loans
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Finance and Financial SectorHigher educationSavings and loan associationsSavings banksStudent loan funds
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This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 15, 1996
Referred to the Subcommittee on Postsecondary Education, Training and Life-Long Learning.
Mar 4, 1996
Referred to the House Committee on Economic and Educational Opportunities.
Mar 4, 1996
Sponsor introductory remarks on measure. (CR E265)
Mar 4, 1996
Introduced in House
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 Latest action March 15, 1996

Referred to the Subcommittee on Postsecondary Education, Training and Life-Long Learning.

 Plain-English summary Congressional Research Service

Amends the Higher Education Act of 1965 to exempt from certain annual compliance audit requirements of the guaranteed student loan program those lenders with guaranteed student loan portfolios that do not exceed $10 million.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 4
All 4 Republican 3
R
Wicker, Roger F.
Mississippi · Sep 11, 1996
 R
Crapo, Mike
Idaho · Jun 18, 1996
BUYER, STEPHEN
· Apr 25, 1996
 R
Calvert, Ken
California · Mar 20, 1996
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3002: To amend the Higher Education Act of 1965 to exempt certain small lenders from the audit requirements of the guaranteed student loan program.. 104th Congress. Open America. https://openamerica.io/bill/104-HR-3002/
MLA
"H.R. 3002: To amend the Higher Education Act of 1965 to exempt certain small lenders from the audit requirements of the guaranteed student loan program.." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-3002/.
Bluebook (legal)
H.R. 3002, 104th Cong. (2026), https://openamerica.io/bill/104-HR-3002/.
Markdown link
[H.R. 3002: To amend the Higher Education Act of 1965 to exempt certain small lenders from the audit requirements of the guaranteed student loan program.](https://openamerica.io/bill/104-HR-3002/)
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