HR 3675
114th Congress
House
Taxation
Contracts and agency
Corporate finance and management
Foreign labor
Higher education
Income tax rates
Interest, dividends, interest rates
Student aid and college costs
Wages and earnings
Student Borrower Fairness Act
Introduced: October 1, 2015
Introduced by:
DeSaulnier, Mark
Democratic
· California
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 23, 2016
Referred to the Subcommittee on Higher Education and Workforce Training.
Oct 1, 2015
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Oct 1, 2015
Introduced in House
Plain-English summary
Student Borrower Fairness Act
This bill amends the Higher Education Act of 1965 to permit student loan borrowers to refinance their loans at interest rates offered on loans to banks by the Federal Reserve System. The cost of this bill is offset by an amendment to the Internal Revenue Code that increases the corporate income rate on companies that pay their chief executive officers or highest paid employees more than 100 times the median compensation of all their employees.
What's happening now
Referred to the Subcommittee on Higher Education and Workforce Training.
Committees of jurisdiction
3