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H.R. 1899 116th Congress House

Student Loan Refinancing and Recalculation Act

Official title: To provide for the refinancing and recalculation of certain Federal student loans, and for other purposes.

Introduced: March 27, 2019 Introduced by: John Garamendi Democratic · California See on congress.gov
Education Government lending and loan guaranteesHigher educationInterest, dividends, interest ratesMedical education
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Student aid and college costsUser charges and fees
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 2019
Referred to the House Committee on Education and Labor.
Mar 27, 2019
Introduced in House
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 Latest action March 27, 2019

Referred to the House Committee on Education and Labor.

 Plain-English summary Congressional Research Service

Student Loan Refinancing and Recalculation Act

This bill provides for the refinancing or deferral of certain federal student loans.

Specifically, the bill directs the Department of Education to establish a program to refinance the outstanding principal, interest, and late charges on federal student loans in order to give borrowers fixed interest rates equal to the 10-year Treasury note rate plus one percentage point. Further, the bill eliminates origination fees on the loans.

In addition, the bill allows borrowers in medical or dental internship or residency programs to defer student loan payments until the completion of their programs.

 Related & companion bills 4
  • HR 1918 Reintroduced Bill Student Loan Refinancing and Recalculation Act
  • HR 4001 Reintroduction of Student Loan Refinancing and Recalculation Act
  • HR 3674 Eliminating the Hidden Student Loan Tax Act
  • S 1696 Student Loan Tax Elimination Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 32
All 32 Democratic 18 Republican 1
Sires, Albio
· Nov 17, 2020
DOYLE, MIKE
· Jan 21, 2020
Spanberger, Abigail
· Aug 16, 2019
 D
Slotkin, Elissa
Michigan · Jul 30, 2019
 D
Craig, Angie
Minnesota · Jun 13, 2019
Bustos, Cheri
· May 3, 2019
 D
DeSaulnier, Mark
California · May 3, 2019
 D
Velázquez, Nydia M.
New York · Apr 12, 2019
 D
Meng, Grace
New York · Apr 1, 2019
 D
Boyle, Brendan F.
Pennsylvania · Mar 27, 2019
 D
Carbajal, Salud O.
California · Mar 27, 2019
 D
Chu, Judy
California · Mar 27, 2019
 D
Cohen, Steve
Tennessee · Mar 27, 2019
 D
Costa, Jim
California · Mar 27, 2019
 D
Doggett, Lloyd
Texas · Mar 27, 2019
 R
Fitzpatrick, Brian K.
Pennsylvania · Mar 27, 2019
 D
Gonzalez, Vicente
Texas · Mar 27, 2019
Haaland, Debra
· Mar 27, 2019
 D
Harder, Josh
California · Mar 27, 2019
Hill, Katie
· Mar 27, 2019
Jackson Lee, Sheila
· Mar 27, 2019
Katko, John
· Mar 27, 2019
 D
Krishnamoorthi, Raja
Illinois · Mar 27, 2019
Kuster, Ann
· Mar 27, 2019
Lowenthal, Alan
· Mar 27, 2019
McNerney, Jerry
· Mar 27, 2019
 D
Norton, Eleanor Holmes
District of Columbia · Mar 27, 2019
 D
Pingree, Chellie
Maine · Mar 27, 2019
Rice, Kathleen
· Mar 27, 2019
Rose, Max
· Mar 27, 2019
 D
Soto, Darren
Florida · Mar 27, 2019
 D
Tonko, Paul
New York · Mar 27, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1899: Student Loan Refinancing and Recalculation Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-1899/
MLA
"H.R. 1899: Student Loan Refinancing and Recalculation Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-1899/.
Bluebook (legal)
H.R. 1899, 116th Cong. (2026), https://openamerica.io/bill/116-HR-1899/.
Markdown link
[H.R. 1899: Student Loan Refinancing and Recalculation Act](https://openamerica.io/bill/116-HR-1899/)
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