US Congress House Bill 4260 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on December 15 2015 - 25% progression, died in committee
Action: 2016-03-23 - Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
Pending: House Subcommittee on Early Childhood, Elementary, and Secondary Education Committee
Text: Latest bill text (Introduced) [PDF]

Servicemember Higher Education Protection Act This bill amends the Higher Education Act of 1965 to modify provisions related to student loans for members of the military and their spouses. The Department of Education (ED) shall make available a simplified disclosure and enrollment form for student loan borrowers who are performing eligible military service. The bill establishes, within the office of the Student Loan Ombudsman, a military and veteran point of contact. The bill modifies processes for determining disability with respect to discharging a borrower's student loans. A borrower whose loan is discharged under these processes shall not be subject to certain reinstatement provisions. Under current law, borrowers serving on active duty are eligible for certain student loan interest subsidies and deferment. The bill extends such eligibility to borrowers performing other specified military service and their spouses. The bill specifies how lump sum payments made through eligible repayment programs shall be treated for purposes of determining a borrower's eligibility for public service loan forgiveness. Without requiring a request from the borrower, ED must ensure that certain student loan interest does not accrue for an eligible military borrower serving in an area of hostilities. With respect to the National Student Loan Data System, ED must: (1) integrate certain data related to the military and veteran status of borrowers, and (2) include information regarding Public Health Service loans. ED shall use specified information to ensure that an active duty borrower is not charged interest in excess of a maximum rate on certain student loans. The bill limits the allowable interest rate on certain student loan debt incurred during military service for the purpose of consolidating or refinancing student loans incurred before service. The bill establishes a working group to improve resources available from the Department of Defense's tuition assistance programs.

Servicemember Higher Education Protection Act

Sen. Kyrsten Sinema [I-AZ]

Rep. Ryan Costello [R-PA]

Rep. Mike Coffman [R-CO]

Rep. Mark Takano [D-CA]

Date	Chamber	Action
2016-03-23	House	Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
2016-01-28	House	Referred to the Subcommittee on Military Personnel.
2015-12-16	House	Referred to the Subcommittee on Economic Opportunity.
2015-12-15	House	Referred to House Armed Services
2015-12-15	House	Referred to House Veterans' Affairs
2015-12-15	House	Referred to House Education and the Workforce
2015-12-15	House	Referred to the Committee on Education and the Workforce, and in addition to the Committees on Veterans' Affairs, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2015-12-15	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/4260/all-info
Text	https://www.congress.gov/114/bills/hr4260/BILLS-114hr4260ih.pdf