[Congressional Record Volume 161, Number 50 (Wednesday, March 25, 2015)]
[Senate]
[Page S1943]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 880. Mr. DURBIN (for himself, Mr. Reed, Mr. Blumenthal, and Mr.
King) 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
ESTABLISHING A STUDENT BORROWER BILL OF RIGHTS.
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 improving servicing of student loans, which may
include requiring additional disclosures for student loan
borrowers, timely resolution of errors, a single point of
access for Federal student loan borrowers, or a process for
borrowers to change their Federal student loan servicer, 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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