II 112th CONGRESS 2d Session S. 2051 IN THE SENATE OF THE UNITED STATES January 31, 2012 Mr. Reed (for himself, Mr. Whitehouse, Mr. Franken, Mr. Leahy, Mr. Sanders, and Ms. Stabenow) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions A BILL To amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans.

1.

Interest rate extension

Section 455(b)(7)(D) of the Higher Education Act of 1965 (20 U.S.C. 1087e(b)(7)(D)) is amended— (1)in the matter preceding clause (i), by striking and before July 1, 2012,; and (2)in clause (v), by striking and before July 1, 2012,.