S 2366 112th Congress Senate Education Appropriations Government lending and loan guarantees Government trust funds Health programs administration and funding Health promotion and preventive care Higher education Interest, dividends, interest rates Student aid and college costs

Interest Rate Reduction Act

Introduced: April 25, 2012 See on congress.gov

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Apr 25, 2012

Introduced in the Senate. Read twice. Ordered Placed on Senate Legislative Calendar under General Orders. Calendar No. 370.

Apr 25, 2012

Sponsor introductory remarks on measure. (CR S2733-2734)

Apr 25, 2012

Introduced in Senate

Plain-English summary Congressional Research Service

Interest Rate Reduction Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2013.

Amends the Patient Protection and Affordable Care Act to repeal provisions establishing and appropriating funds to the Prevention and Public Health Fund (a Fund to provide for expanded and sustained national investment in prevention and public health programs to improve health and help restrain the rate of growth in private and public sector health care costs). Rescinds any unobligated balances appropriated to such Fund.

What's happening now April 25, 2012

Introduced in the Senate. Read twice. Ordered Placed on Senate Legislative Calendar under General Orders. Calendar No. 370.

Cosponsors 6