Bills
S.2343

S.2343: Stop the Student Loan Interest Rate Hike Act of2012

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About This Bill

This bill was introduced in the 112th Congress
This bill is primarily about education
Introduced April 24, 2012
Latest Major Action May 24, 2012

Bill Sponsor

Harry Reid (D-Nev.)

Bill Cosponsors

22 (21 Democrats, 1 Independent Democrat)

Bill Summary

Stop the Student Loan Interest Rate Hike Act of 2012 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2013. Amends the Internal Revenue Code and title II (Old Age,...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 4 statements associated with S.2343.

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Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.2343.

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Bill Actions

Date	Description
	Introduced in the Senate. Read twice. Ordered Placed on Senate Legislative Calendar under General Orders. Calendar No. 365.
	Motion to proceed to consideration of measure made in Senate.
	Cloture motion on the motion to proceed to the measure presented in Senate.
	Motion to proceed to measure considered in Senate.
	Motion to proceed to measure considered in Senate.
	Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 52 - 45. Record Vote Number: 89.
	Motion by Senator Reid to reconsider the vote by which cloture was not invoked on the motion to proceed to the measure (Roll Call Vote No. 89) entered in Senate.
	Motion to proceed to consideration of measure made in Senate.
	Motion to proceed to consideration of measure made in Senate.
	Motion to proceed to consideration of measure made in Senate.
	Motion by Senator Reid to reconsider the vote by which cloture was not invoked on the motion to proceed to the measure (Roll Call Vote No. 89) withdrawn in Senate by Unanimous Consent.
	Motion to proceed to consideration of measure agreed to in Senate.
	Measure laid before Senate by unanimous consent.
	Under the order of 5/23/12, not having achieved 60 votes in the affirmative, failed of passage in Senate by Yea-Nay Vote. 51 - 43. Record Vote Number: 113.
	Returned to the Calendar. Calendar No. 365.
April 24, 2012	Introduced in the Senate by Harry Reid (D-Nev.)

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