3.0.0 4144 2025-07-21T19:44:15Z 2025-07-21T19:44:15Z House H HR 2023-06-15 118 <pre>[Congressional Record Volume 169, Number 105 (Thursday, June 15, 2023)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. OWENS:H.R. 4144.Congress has the power to enact this legislation pursuantto the following:Section 8 of Article I of the ConstitutionThe single subject of this legislation is:Education[Page H2959]</pre> hsed00 Education and Workforce Committee House Standing Referred To 2023-06-15T13:04:45Z 118 4711 HR 2023-07-18 Referred to the House Committee on Education and the Workforce. Related bill CRS 2023-06-15 Referred to the House Committee on Education and the Workforce. IntroReferral H11100 2 House floor actions hsed00 Education and Workforce Committee 2023-06-15 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-06-15 Introduced in House IntroReferral 1000 9 Library of Congress O000086 Rep. Owens, Burgess [R-UT-4] Burgess Owens R UT 4 N M001136 Rep. McClain, Lisa C. [R-MI-9] Lisa McClain R MI C. 9 2023-06-15 True F000450 Rep. Foxx, Virginia [R-NC-5] Virginia Foxx R NC 5 2023-06-15 True W000828 Rep. Williams, Brandon [R-NY-22] Brandon Williams R NY 22 2023-06-21 False B001298 Rep. Bacon, Don [R-NE-2] Don Bacon R NE 2 2023-07-11 False G000576 Rep. Grothman, Glenn [R-WI-6] Glenn Grothman R WI 6 2023-07-11 False B001314 Rep. Bean, Aaron [R-FL-4] Aaron Bean R FL 4 2023-07-12 False M001216 Rep. Mills, Cory [R-FL-7] Cory Mills R FL 7 2023-07-25 False B001248 Rep. Burgess, Michael C. [R-TX-26] Michael Burgess R TX C. 26 2023-07-27 False L000600 Rep. Langworthy, Nicholas A. [R-NY-23] Nicholas Langworthy R NY A. 23 2023-08-01 False Y000067 Rep. Yakym, Rudy [R-IN-2] Rudy Yakym R IN 2 2023-09-12 False H001093 Rep. Houchin, Erin [R-IN-9] Erin Houchin R IN 9 2023-10-25 False D000632 Rep. D'Esposito, Anthony [R-NY-4] Anthony D'Esposito R NY 4 2023-11-28 False Education Education 2023-07-25T19:45:19Z

00 2023-06-15 Introduced in House 2024-04-18T17:45:02Z <p><b>Federal Assistance to Initiate Repayment Act or the FAIR Act</b></p> <p>This bill makes various changes to the federal student loan system, including by establishing a new income-driven repayment plan and limiting the authority of the Department of Education (ED) to propose or issue regulations and executive actions related to federal student aid programs.</p> <p>The bill directs ED to provide at least 12 notices to each borrower of a federal student loan indicating (1) the date on which the borrower is required to make monthly loan payments; (2) the borrower's options for repayment; and (3) the options available to a borrower who is in default, including the option to consolidate or rehabilitate loans. ED must also conduct additional outreach to at-risk borrowers.</p> <p>Additionally, the bill replaces existing federal student loan repayment plans with one standard 10-year repayment plan and one income-driven repayment plan. The bill outlines the terms of this new income-driven repayment plan.</p> <p>The bill provides deferment options for borrowers with loans made on or after July 1, 2024. The bill prohibits ED from authorizing additional deferment options or periods of deferment other than those authorized by this bill. </p> <p>The bill allows borrowers to rehabilitate a defaulted loan twice (currently, only once).</p> <p>The bill also prohibits ED from issuing a proposed rule, final regulation, or executive action related to federal student aid programs if ED determines that the rule, regulation, or action (1) is economically significant, and (2) would result in an increase in a subsidy cost.</p>

Display Title 45 2024-07-24T15:21:25Z Short Title(s) as Introduced 101 2024-05-24T13:38:26Z Introduced in House IH Short Title(s) as Introduced 101 2024-05-24T13:38:26Z Introduced in House IH Official Title as Introduced 6 2024-03-18T21:01:04Z Introduced in House IH Introduced in House 2023-06-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr4144ih/xml/BILLS-118hr4144ih.xml 2023-06-15 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.