3.0.0 2796 2023-01-11T13:17:05Z 2023-01-11T13:17:05Z Senate S S 2009-11-18 111 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2009-11-18T22:22:46Z To extend the authority of the Secretary of Education to purchase guaranteed student loans for an additional year, and for other purposes. 111 4103 HR 2010-01-04 Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness. Identical bill CRS 2009-11-18 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S11496) IntroReferral 2009-11-18 Sponsor introductory remarks on measure. (CR S11495-11496) IntroReferral B00100 9 Library of Congress 2009-11-18 Introduced in Senate IntroReferral 10000 9 Library of Congress E000285 Sen. Enzi, Michael B. [R-WY] MICHAEL ENZI R WY B. N N000180 Sen. Nelson, Ben [D-NE] E. Nelson D NE Benjamin 2009-11-18 True A000360 Sen. Alexander, Lamar [R-TN] Lamar Alexander R TN 2009-11-18 True B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2009-11-18 True C000560 Sen. Coburn, Tom [R-OK] TOM COBURN R OK 2009-11-18 True G000445 Sen. Gregg, Judd [R-NH] Judd Gregg R NH 2009-11-18 True H000338 Sen. Hatch, Orrin G. [R-UT] ORRIN HATCH R UT GRANT 2009-11-18 True I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2009-11-18 True M000303 Sen. McCain, John [R-AZ] JOHN MCCAIN R AZ SIDNEY 2009-11-18 True M001153 Sen. Murkowski, Lisa [R-AK] Lisa Murkowski R AK 2009-11-18 True R000307 Sen. Roberts, Pat [R-KS] PAT ROBERTS R KS 2009-11-18 True H001016 Sen. Hutchison, Kay Bailey [R-TX] KAY HUTCHISON R TX BAILEY 2009-12-04 False G000359 Sen. Graham, Lindsey [R-SC] Lindsey Graham R SC 2009-12-07 False E000194 Sen. Ensign, John [R-NV] JOHN ENSIGN R NV 2009-12-07 False J000291 Sen. Johanns, Mike [R-NE] Mike Johanns R NE 2009-12-10 False W000437 Sen. Wicker, Roger F. [R-MS] Roger Wicker R MS F. 2009-12-10 False B001261 Sen. Barrasso, John [R-WY] John Barrasso R WY 2009-12-21 False L000035 Sen. Lincoln, Blanche L. [D-AR] BLANCHE LINCOLN D AR LAMBERT 2010-01-21 False B000382 Sen. Bennett, Robert F. [R-UT] ROBERT BENNETT R UT F. 2010-02-23 False T000250 Sen. Thune, John [R-SD] John Thune R SD R. 2010-02-24 False B000611 Sen. Bond, Christopher S. [R-MO] CHRISTOPHER BOND R MO S. 2010-03-01 False Education Government lending and loan guarantees Higher education Student aid and college costs Education 00 2009-11-18 Introduced in Senate 2009-11-24T17:37:09Z Amends the Higher Education Act of 1965 to extend by one year, from July 2010 to July 2011, the Secretary of Education's authority to purchase or enter into forward commitments to purchase: (1) Federal Family Education Loans (FFELs) from lenders, upon the determination that there is an inadequate availability of loan capital to meet the demand for such loans; and (2) rehabilitated loans that eligible lenders purchased under the FFEL default reduction program.

Extends by one year, from June 30, 2010 to June 30, 2011, the authority of institutions of higher education (IHEs), with the Secretary's approval, to participate in the FFEL lender-of-last-resort program for borrowers otherwise unable to obtain such loans (thereby requiring guaranty agencies serving as lenders-of-last-resort to make FFELs to student and parent borrowers of such IHEs, until such date, regardless of their ability to otherwise obtain such loans).

]]> A bill to extend the authority of the Secretary of Education to purchase guaranteed student loans for an additional year, and for other purposes. Display Title A bill to extend the authority of the Secretary of Education to purchase guaranteed student loans for an additional year, and for other purposes. Official Title as Introduced A bill to extend the authority of the Secretary of Education to purchase guaranteed student loans for an additional year, and for other purposes. Introduced in Senate IS Introduced in Senate 2009-11-18T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s2796is/xml/BILLS-111s2796is.xml 2009-11-18 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S11496) 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.