HR 134
109th Congress
House
Education
Debtor and creditor
Economics and Public Finance
Federal aid to education
Finance and Financial Sector
Higher education
Scholarships
Student loan funds
Subsidies
Emergency Loan Abuse Prevention Act of 2005
Introduced: January 4, 2005
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 22, 2005
Referred to the Subcommittee on 21st Century Competitiveness.
Jan 4, 2005
Referred to the House Committee on Education and the Workforce.
Jan 4, 2005
Introduced in House
Plain-English summary
Emergency Loan Abuse Prevention Act of 2005 - Amends the Higher Education Act of 1965 to reduce certain special allowance payments to holders of student loans.
Appropriates, for each fiscal year after enactment of this Act, an additional amount to increase the maximum Pell grant for that fiscal year. Makes such amount equal to the amount by which expenditures for such special allowances are reduced by this Act for that fiscal year, as determined by the Congressional Budget Office.
What's happening now
Referred to the Subcommittee on 21st Century Competitiveness.
Committees of jurisdiction
2