3.0.0 2981 2025-07-21T19:44:15Z 2025-07-21T19:44:15Z House H HR 2023-04-27 118 <pre>[Congressional Record Volume 169, Number 71 (Thursday, April 27, 2023)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Ms. STEVENS:H.R. 2981.Congress has the power to enact this legislation pursuantto the following:This bill is enacted pursuant to the power granted toCongress under Article I, Section 8, Clause 18 of the UnitedStates Constitution.The single subject of this legislation is:Student Aid[Page H2088]</pre> hsed00 Education and Workforce Committee House Standing Referred To 2023-04-27T13:02:40Z 2023-04-27 Referred to the House Committee on Education and the Workforce. IntroReferral H11100 2 House floor actions hsed00 Education and Workforce Committee 2023-04-27 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-04-27 Introduced in House IntroReferral 1000 9 Library of Congress S001215 Rep. Stevens, Haley M. [D-MI-11] Haley Stevens D MI M. 11 N B001315 Rep. Budzinski, Nikki [D-IL-13] Nikki Budzinski D IL 13 2023-05-23 False Education Education 2023-05-16T20:30:25Z

00 2023-04-27 Introduced in House 2024-01-17T18:29:43Z <p><b>Alleviating Intergenerational Debt Act or the AID Act</b></p> <p>This bill creates a new student loan allowance calculation for determining the Student Aid Index (SAI). The SAI is an eligibility index number that is used to determine the amount of federal student aid a student is eligible to receive.</p> <p>In particular, the bill revises the SAI formula to create a new allowance against income for dependent students' parents who have their own outstanding federal student loan debt, subject to income limitations.</p> <p>The Department of Education (ED) must annually publish a revised table of student loan allowances.</p> <p>The bill requires ED to submit an annual report to Congress on the impacts of the bill, including (1) the number and percentage of students whose SAI include the subtraction of this allowance, separated out by eligibility for Federal Pell Grants; and (2) the average amount of the allowance.</p>

Display Title 45 2024-07-24T15:22:26Z Short Title(s) as Introduced 101 2024-05-24T13:40:26Z Introduced in House IH Short Title(s) as Introduced 101 2024-05-24T13:40:26Z Introduced in House IH Official Title as Introduced 6 2024-03-18T20:42:04Z Introduced in House IH Introduced in House 2023-04-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr2981ih/xml/BILLS-118hr2981ih.xml 2023-04-27 Referred to the House Committee on Education and the Workforce. 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.