3.0.0 1330 2022-11-15T16:35:14Z 2022-11-15T16:35:14Z House H HR 2013-03-21 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. BASS:H.R. 1330.Congress has the power to enact this legislation pursuantto the following:This bill is enacted pursuant to the power granted toCongress under Article 1, Section 1. Article I. Section 8.All legislative Powers herein granted shall be vested in aCongress of the United States, which shall consist of aSenate and House of Representatives.[Page H1826]]]> hsed00 Education and the Workforce Committee House Standing hsed13 Higher Education and Workforce Development Subcomittee Referred to 2013-04-23T20:05:03Z Referred to 2013-03-21T13:09:00Z hswm00 Ways and Means Committee House Standing Referred to 2013-03-21T13:09:10Z hsba00 Financial Services Committee House Standing Referred to 2013-03-21T13:09:05Z 2013-04-23 hsed13 Higher Education and Workforce Development Subcomittee 1 House committee actions Referred to the Subcommittee on Higher Education and Workforce Training. Committee 2013-03-21 Referred to the Committee on Education and the Workforce, and in addition to the Committees on Financial Services, and 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 2013-03-21 Referred to the Committee on Education and the Workforce, and in addition to the Committees on Financial Services, and 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 hsba00 Financial Services Committee 2013-03-21 Referred to the Committee on Education and the Workforce, and in addition to the Committees on Financial Services, and 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 2013-03-21 Sponsor introductory remarks on measure. (CR E356) IntroReferral B00100 9 Library of Congress 2013-03-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-03-21 Introduced in House IntroReferral 1000 9 Library of Congress B001270 Rep. Bass, Karen [D-CA-37] Karen Bass D CA 37 N W000808 Rep. Wilson, Frederica S. [D-FL-24] Frederica Wilson D FL S. 24 2013-03-21 True H000636 Rep. Hinojosa, Ruben [D-TX-15] RUBEN HINOJOSA D TX 15 2013-03-21 True F000455 Rep. Fudge, Marcia L. [D-OH-11] Marcia Fudge D OH L. 11 2013-03-21 True C000380 Del. Christensen, Donna M. [D-VI-At Large] DONNA CHRISTENSEN D VI M. 0 2013-03-21 True C001067 Rep. Clarke, Yvette D. [D-NY-9] Yvette Clarke D NY D. 9 2013-03-21 True G000553 Rep. Green, Al [D-TX-9] Al Green D TX 9 2013-03-21 True P000604 Rep. Payne, Donald M., Jr. [D-NJ-10] Donald Payne D NJ M. 10 2013-03-21 True J000288 Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4] Henry Johnson D GA C. "Hank" 4 2013-03-21 True C000537 Rep. Clyburn, James E. [D-SC-6] JAMES CLYBURN D SC E. 6 2013-03-21 True C001049 Rep. Clay, Wm. Lacy [D-MO-1] WM. CLAY D MO LACY 1 2013-03-21 True W000207 Rep. Watt, Melvin L. [D-NC-12] MELVIN WATT D NC 12 2013-03-21 True C001061 Rep. Cleaver, Emanuel [D-MO-5] Emanuel Cleaver D MO 5 2013-03-21 True D000096 Rep. Davis, Danny K. [D-IL-7] DANNY DAVIS D IL K. 7 2013-03-21 True H000324 Rep. Hastings, Alcee L. [D-FL-20] ALCEE HASTINGS D FL L. 20 2013-03-21 True S000185 Rep. Scott, Robert C. "Bobby" [D-VA-3] Robert Scott D VA C. "Bobby" 3 2013-03-21 True L000551 Rep. Lee, Barbara [D-CA-13] BARBARA LEE D CA 13 2013-03-21 True R000588 Rep. Richmond, Cedric L. [D-LA-2] Cedric Richmond D LA L. 2 2013-03-21 True L000287 Rep. Lewis, John [D-GA-5] JOHN LEWIS D GA 5 2013-03-21 True B000911 Rep. Brown, Corrine [D-FL-5] CORRINE BROWN D FL 5 2013-03-21 True E000290 Rep. Edwards, Donna F. [D-MD-4] Donna Edwards D MD F. 4 2013-03-21 True C000714 Rep. Conyers, John, Jr. [D-MI-13] JOHN CONYERS D MI 13 2013-03-21 True N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2013-03-21 True J000032 Rep. Jackson Lee, Sheila [D-TX-18] SHEILA JACKSON LEE D TX 18 2013-03-21 True R000053 Rep. Rangel, Charles B. [D-NY-13] CHARLES RANGEL D NY B. 13 2013-03-21 True B001245 Del. Bordallo, Madeleine Z. [D-GU-At Large] Madeleine Bordallo D GU Z. 0 2013-03-21 True S001177 Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large] Gregorio Sablan D MP Kilili Camacho 0 2013-03-21 True M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2013-03-21 True R000577 Rep. Ryan, Tim [D-OH-13] TIM RYAN D OH 13 2013-03-21 True G000410 Rep. Green, Gene [D-TX-29] GENE GREEN D TX 29 2013-03-21 True J000294 Rep. Jeffries, Hakeem S. [D-NY-8] Hakeem Jeffries D NY S. 8 2013-03-21 True S001150 Rep. Schiff, Adam B. [D-CA-28] ADAM SCHIFF D CA B. 28 2013-03-21 True B000490 Rep. Bishop, Sanford D., Jr. [D-GA-2] SANFORD BISHOP D GA D. 2 2013-03-21 True L000397 Rep. Lofgren, Zoe [D-CA-19] ZOE LOFGREN D CA 19 2013-03-21 True B001285 Rep. Brownley, Julia [D-CA-26] Julia Brownley D CA 26 2013-03-21 True E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 2013-03-21 True C001066 Rep. Castor, Kathy [D-FL-14] Kathy Castor D FL 14 2013-03-25 False M001137 Rep. Meeks, Gregory W. [D-NY-5] GREGORY MEEKS D NY W. 5 2013-03-25 False C001068 Rep. Cohen, Steve [D-TN-9] Steve Cohen D TN 9 2013-03-25 False T000472 Rep. Takano, Mark [D-CA-41] Mark Takano D CA 41 2013-03-25 False N000187 Rep. Negrete McLeod, Gloria [D-CA-35] Gloria Negrete McLeod D CA 35 2013-04-09 False L000562 Rep. Lynch, Stephen F. [D-MA-8] Stephen Lynch D MA F. 8 2013-04-09 False L000580 Rep. Lujan Grisham, Michelle [D-NM-1] Michelle Lujan Grisham D NM 1 2013-04-09 False V000130 Rep. Vargas, Juan [D-CA-51] Juan Vargas D CA 51 2013-04-15 False B001281 Rep. Beatty, Joyce [D-OH-3] Joyce Beatty D OH 3 2013-04-23 False H001034 Rep. Honda, Michael M. [D-CA-17] MICHAEL HONDA D CA M. 17 2013-04-23 False R000515 Rep. Rush, Bobby L. [D-IL-1] BOBBY RUSH D IL L. 1 2013-04-23 False L000579 Rep. Lowenthal, Alan S. [D-CA-47] Alan Lowenthal D CA S. 47 2013-04-26 False S001145 Rep. Schakowsky, Janice D. [D-IL-9] JANICE SCHAKOWSKY D IL D. 9 2013-04-26 False K000385 Rep. Kelly, Robin L. [D-IL-2] Robin Kelly D IL L. 2 2013-04-30 False D000610 Rep. Deutch, Theodore E. [D-FL-21] Theodore Deutch D FL E. 21 2013-06-05 False D000197 Rep. DeGette, Diana [D-CO-1] DIANA DEGETTE D CO 1 2013-06-25 False E000215 Rep. Eshoo, Anna G. [D-CA-18] ANNA ESHOO D CA G. 18 2014-02-25 False T000460 Rep. Thompson, Mike [D-CA-5] MIKE THOMPSON D CA 5 2014-04-28 False M000933 Rep. Moran, James P. [D-VA-8] JAMES MORAN D VA P. 8 2014-07-14 False Education Administrative law and regulatory procedures Consumer Financial Protection Bureau Education programs funding Government employee pay, benefits, personnel management Government lending and loan guarantees Health care coverage and access Health personnel Higher education Income tax exclusion Interest, dividends, interest rates Medical education Student aid and college costs Education 00 2013-03-21 Introduced in House 2013-04-15T21:16:14Z Student Loan Fairness Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 (HEA) to establish a 10/10 Loan Repayment Plan that allows borrowers of Federal Family Education Loans (FFELs) and Direct Loans (DLs) to limit their monthly payment on such loans to one-twelfth of 10% of the amount by which their adjusted gross income and that of their spouse (if applicable) exceeds 150% of the federal poverty level.

Establishes a 10/10 Loan Forgiveness Program that provides FFEL and DL forgiveness to borrowers who, after the date that is 10 years before the date of this Act's enactment, have made 120 monthly payments under the 10/10 Loan Repayment Plan or under another repayment plan that required them to make payments at least as large as those they would have made under the 10/10 Loan Repayment Plan.

Credits the months during which an individual is in deferment due to an economic hardship as months for which payment was made for purposes of the 10/10 Loan Forgiveness Program.

Caps the amount of loan forgiveness that the program will provide to individuals who become new borrowers after the date of this Act's enactment.

Caps the interest rate on new DLs at 3.4%.

Amends the public service employee loan forgiveness program to forgive the DLs of participants who have made 60 (currently, 120) monthly payments on such loans pursuant to specified repayment plans.

Includes primary care physicians in medically underserved areas in the public service employee loan forgiveness program.

Allows certain borrowers to consolidate their private education loans as Direct Consolidation Loans, provided the private loans were made on or before the date of this Act's enactment.

Limits such borrowers to those who: (1) were students eligible for unsubsidized Stafford loans or PLUS loans under the FFEL or DL programs for their enrollment at an institution of higher education, or would have been had they been enrolled on at least a half-time basis; (2) borrowed at least one private education loan for such enrollment; and (3) have an average adjusted gross income that does not exceed their total education debt.

Caps the interest rate on those Direct Consolidation Loans at 3.4%.

Requires borrowers to apply for such loans within one year of this Act's enactment.

Amends the Truth in Lending Act to direct the Bureau of Consumer Financial Protection (CFPB) to issue regulations that require private education lenders to sell private education loans to the Secretary of Education for consolidation as Direct Consolidation Loans.

Sets forth the data to be used in determining the price paid for such loans.

Amends title IV of the HEA to direct the Secretary of Education to pay the interest that accrues on unsubsidized FFELs and DLs that are deferred due to a student borrower's lack of full-time employment.

Requires the Secretary to pay the interest that accrues on Federal Consolidation Loans that are in deferment due to a borrower's lack of full-time employment, provided the application for such a loan is received on or after the date of this Act's enactment.

Directs the Secretary to pay the interest that accrues on FFELs and DLs that are subject to income-based repayment provisions and are in deferment due to a borrower's lack of full-time employment.

Limits these interest-free deferment periods to those occurring on or after the date of this Act's enactment and covering no more than three years of full-time unemployment.

Excludes from a borrower's taxable income the principal and interest on FFELs and DLs that is forgiven pursuant to income-based repayment plans.

]]> Student Loan Fairness Act Display Title Student Loan Fairness Act Short Titles as Introduced Student Loan Fairness Act Official Title as Introduced To increase purchasing power, strengthen economic recovery, and restore fairness in financing higher education in the United States through student loan forgiveness, caps on interest rates on Federal student loans, and refinancing opportunities for private borrowers, and for other purposes. Introduced in House 2013-03-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr1330ih/xml/BILLS-113hr1330ih.xml 2013-04-23 Referred to the Subcommittee on Higher Education and Workforce Training. 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.