S 1557
114th Congress
Senate
Armed Forces and National Security
Interest, dividends, interest rates
Military personnel and dependents
Student aid and college costs
Servicemember Student Loan Affordability Act of 2015
Introduced: June 11, 2015
Introduced by:
Durbin, Richard J.
Democratic
· Illinois
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 11, 2015
Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4107-4108)
Jun 11, 2015
Introduced in Senate
Plain-English summary
Servicemember Student Loan Affordability Act of 2015
Amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.
What's happening now
Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4107-4108)
Committees of jurisdiction
1