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    <number>4628</number>
    <updateDate>2023-01-13T04:49:23Z</updateDate>
    <updateDateIncludingText>2023-01-13T04:49:23Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2005-12-17</introducedDate>
    <congress>109</congress>
    <committees>
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        <systemCode>hsed00</systemCode>
        <name>Education and the Workforce Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <subcommittees>
          <item>
            <systemCode>hsed13</systemCode>
            <name>Higher Education and Workforce Development Subcomittee</name>
            <activities>
              <item>
                <name>Referred to</name>
                <date>2006-03-27T20:01:49Z</date>
              </item>
            </activities>
          </item>
        </subcommittees>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2005-12-17T19:01:45Z</date>
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        <actionDate>2006-03-27</actionDate>
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            <systemCode>hsed13</systemCode>
            <name>Higher Education and Workforce Development Subcomittee</name>
          </item>
        </committees>
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        <text>Referred to the Subcommittee on 21st Century Competitiveness.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2005-12-17</actionDate>
        <text>Referred to the House Committee on Education and the Workforce.</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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            <systemCode>hsed00</systemCode>
            <name>Education and the Workforce Committee</name>
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        <actionDate>2005-12-17</actionDate>
        <text>Introduced in House</text>
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          <name>Library of Congress</name>
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        <actionDate>2005-12-17</actionDate>
        <text>Introduced in House</text>
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    <sponsors>
      <item>
        <bioguideId>H000712</bioguideId>
        <fullName>Rep. Holden, Tim [D-PA-17]</fullName>
        <firstName>TIM</firstName>
        <lastName>HOLDEN</lastName>
        <party>D</party>
        <state>PA</state>
        <district>17</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Education</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Economics and Public Finance</name>
        </item>
        <item>
          <name>Federally-guaranteed loans</name>
        </item>
        <item>
          <name>Fees</name>
        </item>
        <item>
          <name>Finance and Financial Sector</name>
        </item>
        <item>
          <name>Financial institutions</name>
        </item>
        <item>
          <name>Government lending</name>
        </item>
        <item>
          <name>Higher education</name>
        </item>
        <item>
          <name>Student loan funds</name>
        </item>
        <item>
          <name>User charges</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Education</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2005-12-17</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2006-02-13T18:28:45Z</updateDate>
        <text><![CDATA[ <p>Student Loan Marketplace Equity Act - Amends the Higher Education Act of 1965 to impose a special fee on the entity whose portfolio of interests in student loans has the greatest value (dominant lender), as determined annually by the Secretary of Education.</p><p>Requires the dominant lender to pay the fee to the Secretary monthly, calculated annually in an amount equal to 0.25% of such portfolio value.</p>]]></text>
      </summary>
    </summaries>
    <title>Student Loan Marketplace Equity Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Student Loan Marketplace Equity Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Higher Education Act of 1965 to impose a fee on holdings of student loans.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Student Loan Marketplace Equity Act</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2005-12-17T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-109hr4628ih/xml/BILLS-109hr4628ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2006-03-27</actionDate>
      <text>Referred to the Subcommittee on 21st Century Competitiveness.</text>
    </latestAction>
  </bill>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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