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Searching...- Bills
- H.R.5
H.R.5: College Student Relief Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about education
- Introduced Jan. 12, 2007
- Latest Major Action Jan. 17, 2007
Bill Sponsor
Bill Cosponsors
211 (211 Democrats, 1 Republican)
Bill Summary
College Student Relief Act of 2007 - Amends the Higher Education Act of 1965 to phase-in cuts in the interest rate charged undergraduate student borrowers under the Federal Family Education Loan (FFEL) and Direct Loan (DL) programs, thereby reducing such rate from 6.8% in July 2006 to 3.4% in July 2011. Limits FFEL lender insurance to 95% of the unpaid balance of such loans. (Currently, 97% of a FFEL issued after June 2006 is...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Congressional Budget Office Estimate
Bill Actions
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Education and Labor.
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Rules Committee Resolution H. Res. 65 Reported to House. Rule provides for consideration of H.R. 5 with 3 hours of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments.
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Rule H. Res. 65 passed House.
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Considered under the provisions of rule H. Res. 65.
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Rule provides for consideration of H.R. 5 with 3 hours of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments.
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DEBATE - The House proceeded with three hours of debate on H.R. 5.
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The previous question was ordered pursuant to the rule.
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Mr. McKeon moved to recommit with instructions to Education and Labor.
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Floor Summary: DEBATE - The House proceeded with 10 minutes of debate on the McKeon motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment inserting a new section providing for benefits contingent on income or military service.
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The previous question on the motion to recommit with instructions was ordered without objection.
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On motion to recommit with instructions Failed by the Yeas and Nays: 186 - 241 (Roll no. 31).
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On passage Passed by the Yeas and Nays: 356 - 71 (Roll no. 32).
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
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| Jan. 12, 2007 |
Introduced in the House by George Miller (D-Calif.) |