3.0.0 2465 2023-01-11T16:17:54Z 2023-01-11T16:17:54Z House H HR 2007-05-23 110 hsed00 Education and the Workforce Committee House Standing hsed13 Higher Education and Workforce Development Subcomittee Referred to 2007-07-17T20:15:20Z Referred to 2007-05-23T14:05:00Z hswm00 Ways and Means Committee House Standing Referred to 2007-05-23T14:05:05Z 2007-07-17 hsed13 Higher Education and Workforce Development Subcomittee 1 House committee actions Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness. Committee 2007-05-23 Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2007-05-23 Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2007-05-23 Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2007-05-23 Sponsor introductory remarks on measure. (CR E1136) IntroReferral B00100 9 Library of Congress 2007-05-23 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-05-23 Introduced in House IntroReferral 1000 9 Library of Congress P000265 Rep. Petri, Thomas E. [R-WI-6] TOM PETRI R WI 6 N M001146 Rep. Marshall, Jim [D-GA-8] Jim Marshall D GA 8 2007-06-05 False Education Bankruptcy Collection of accounts Disabled Economics and Public Finance Federally-guaranteed loans Finance and Financial Sector Government Operations and Politics Government lending Government paperwork Health Higher education Identification devices Income tax Interest Interest rates Loan defaults Medical education Social Welfare Student loan funds Tax exclusion Tax returns Taxation Withholding tax Education 00 2007-05-23 Introduced in House 2007-07-03T20:42:04Z Income-Dependent Education Assistance Act of 2007 - Directs the Secretary of Education to conduct a direct income-dependent education assistance (IDEA) loan program, from July 1, 2008, through July 1, 2014, under which student borrowers of Federal Family Education Loans (FFELs) or Direct Loans (DLs), under parts B and D of title IV of the Higher Education Act of 1965, may elect to convert or consolidate such loans to direct IDEA loans.

Provides that when a student defaults on a loan under the FFEL or DL programs and it is repaid or canceled by the Secretary, it is thereby converted to a direct IDEA loan.

Amends the Internal Revenue Code to provide for collection of IDEA loan repayments through the income tax collection system.

]]> Income-Dependent Education Assistance Act of 2007 Display Title Income-Dependent Education Assistance Act of 2007 Official Title as Introduced To allow for the consolidation of Federal student loans into a single direct income-contingent loan repayment program. Introduced in House IH Short Titles as Introduced Income-Dependent Education Assistance Act of 2007 Introduced in House 2007-05-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr2465ih/xml/BILLS-110hr2465ih.xml 2007-07-17 Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness. text/xml EN 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. Congressional Research Service, Library of Congress 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.