S 1619
115th Congress
Senate
Armed Forces and National Security
Higher education
Interest, dividends, interest rates
Military personnel and dependents
Student aid and college costs
A bill to amend the Servicemembers Civil Relief Act to extend the interest rate limitation on debt entered into during military service to debt incurred during military service to consolidate or refinance student loans incurred before military service.
Introduced: July 24, 2017
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
Jul 24, 2017
Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4137-4138)
Jul 24, 2017
Introduced in Senate
Plain-English summary
This bill 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 S4137-4138)
Committees of jurisdiction
1