[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3291 Introduced in House (IH)]







105th CONGRESS
  2d Session
                                H. R. 3291

 To repeal pending changes in the interest rates applicable to Federal 
                        Family Education Loans.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 26, 1998

    Mr. Kanjorski (for himself, Mr. Gordon, Mr. LaTourette, and Mr. 
  Bereuter) introduced the following bill; which was referred to the 
                Committee on Education and the Workforce

_______________________________________________________________________

                                 A BILL


 
 To repeal pending changes in the interest rates applicable to Federal 
                        Family Education Loans.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Student Loan Preservation Act''.

SEC. 2. REPEAL.

    (a) Interest Rate.--Subsection (h) of section 427A of the Higher 
Education Act of 1965 (20 U.S.C. 1077a(h)) is repealed.
    (b) Special Allowance.--Subparagraph (F) of section 438(b)(2) of 
such Act (20 U.S.C. 1087-1(b)(2)(F)) is repealed.
                                 <all>