[Congressional Record Volume 161, Number 50 (Wednesday, March 25, 2015)]
[Senate]
[Page S1931]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 804. Mr. BROWN submitted an amendment intended to be proposed by
him to the concurrent resolution S. Con. Res. 11, setting forth the
congressional budget for the United States Government for fiscal year
2016 and setting forth the appropriate budgetary levels for fiscal
years 2017 through 2025; which was ordered to lie on the table; as
follows:
At the appropriate place, insert the following:
SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO STUDENT
LOANS.
The Chairman of the Committee on the Budget of the Senate
may revise the allocations of a committee or committees,
aggregates, and other appropriate levels in this resolution
for one or more bills, joint resolutions, amendments,
amendments between the Houses, motions, or conference reports
relating to the servicing and collection of private and
Federal student loan debt, which may include ensuring that
borrowers are treated fairly, that borrowers' account
balances and payments are accurate, and that servicers and
debt collectors are held accountable by the Department of
Education or the Bureau of Consumer Financial Protection by
the amounts provided in such legislation for those purposes,
provided that such legislation would not increase the deficit
over either the period of the total of fiscal years 2016
through 2020 or the period of the total of fiscal years 2016
through 2025.
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