[Congressional Record Volume 162, Number 89 (Tuesday, June 7, 2016)]
[Senate]
[Page S3584]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 4508. Mr. BROWN (for himself and Ms. Warren) submitted an 
amendment intended to be proposed by him to the bill S. 2943, to 
authorize appropriations for fiscal year 2017 for military activities 
of the Department of Defense, for military construction, and for 
defense activities of the Department of Energy, to prescribe military 
personnel strengths for such fiscal year, and for other purposes; which 
was ordered to lie on the table; as follows:

       At the end of subtitle I of title X, add the following:

     SEC. 1097. MAXIMUM RATE OF INTEREST ON DEBTS INCURRED BEFORE 
                   MILITARY SERVICE.

       Section 207 of the Servicemembers Civil Relief Act (50 
     U.S.C. 3937) is amended--
       (1) in subsection (a)(1)(A), by inserting ``student loan,'' 
     after ``nature of a mortgage''; and
       (2) in subsection (d), by adding at the end the following:
       ``(3) Student loan.--The term `student loan' means--
       ``(A) a Federal student loan made, insured, or guaranteed 
     under title IV of the Higher Education Act of 1965 (20 U.S.C. 
     1070 et seq.);
       ``(B) a student loan made pursuant to title VII or VIII of 
     the Public Health Service Act (42 U.S.C. 292 et seq. and 296 
     et seq.); or
       ``(C) a private education loan, as defined in section 
     140(a) of the Truth in Lending Act (15 U.S.C. 1650(a)).''.
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