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- H.R.5723
H.R.5723: Emergency Student Loan Market Liquidity Act
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about education
- Introduced April 8, 2008
- Latest Major Action April 8, 2008
Bill Sponsor
Bill Cosponsors
16 (10 Democrats, 7 Republicans)
Bill Summary
Emergency Student Loan Market Liquidity Act - Amends the Federal Home Loan Bank Act to allow federal home loan banks to: (1) invest surplus funds in student loan securities; (2) accept student loans and student loan-related securities as collateral; and (3) provide secured long-term advances to member banks so that they can finance the origination of student loans or purchase or finance student loan-related securities. Limits the application...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| April 8, 2008 |
Introduced in the House by Paul E. Kanjorski (D-Pa.) |