[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 942 Introduced in House (IH)]






108th CONGRESS
  1st Session
                                H. R. 942

   To amend the Higher Education Act of 1965 to provide student loan 
       borrowers with a choice of lender for loan consolidation.


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                    IN THE HOUSE OF REPRESENTATIVES

                           February 26, 2003

 Mr. Regula (for himself, Ms. Baldwin, Mr. Cunningham, Mr. Goodlatte, 
   Mr. Hayes, Mr. Otter, Mr. Pickering, Mr. Rogers of Michigan, Mr. 
Schrock, Mr. Simmons, Mr. Tancredo, Mr. Wamp, Mr. Wicker, Mr. Wilson of 
   South Carolina, Mrs. Jo Ann Davis of Virginia, and Mr. Hoekstra) 
 introduced the following bill; which was referred to the Committee on 
                      Education and the Workforce

_______________________________________________________________________

                                 A BILL


 
   To amend the Higher Education Act of 1965 to provide student loan 
       borrowers with a choice of lender for loan consolidation.

    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 ``Consolidation Student Loan 
Flexibility Act of 2003''.

SEC. 2. STUDENT LOAN BORROWER CHOICE OF LOAN CONSOLIDATOR.

     Section 428C(b)(1)(A) of the Higher Education Act of 1965 (20 
U.S.C. 1078-3(b)(1)(A)) is amended by striking ``and (i) the lender 
holds'' and all that follows through ``selected for consolidation)''.
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