HR 7449 116th Congress House Education Congressional oversight Credit and credit markets Education programs funding Government information and archives Government lending and loan guarantees Higher education Interest, dividends, interest rates Student aid and college costs

Bank on Students Coronavirus Emergency Loan Refinancing Act of 2020

Introduced: July 1, 2020 Introduced by: Courtney, Joe Democratic · Connecticut 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 1, 2020

Referred to the House Committee on Education and Labor.

Jul 1, 2020

Introduced in House

Plain-English summary Congressional Research Service

Bank on Students Coronavirus Emergency Loan Refinancing Act of 2020

This bill establishes refinancing programs for federal and private student loans. Specifically, it allows certain borrowers to refinance their federal student loans down to lower interest rates, and creates the Federal Direct Refinanced Private Loan to allow certain borrowers to refinance their private student loans.

What's happening now July 1, 2020

Referred to the House Committee on Education and Labor.

Committees of jurisdiction 1