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H.R.1911: Bipartisan Student Loan Certainty Act of 2013

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about education
You can read the bill
Sponsor John Kline, R-Minn.
Total Cosponsors 5 (All Republicans)
Introduced May 9, 2013
Latest Major Action Aug. 9, 2013
See it on GovTrack
See it on C-SPAN

Bill Progress

  • Bill introduced in the House   
  • Bill passed in the House   
  • Bill passed in the Senate   
  • Bill signed into law

Bill Summary

Bipartisan Student Loan Certainty Act of 2013 - (Sec. 2) Amends title IV (Student Assistance) of the Higher Education Act of 1965 (HEA) to set the annual interest rate on Direct Stafford loans and Direct Unsubsidized Stafford loans issued to undergraduate students at the rate on high-yield 10-year Treasury notes plus 2.05%, but caps that rate at 8.25%.

Sets the annual interest rate on Direct Unsubsidized Stafford loans issued to graduate or professional students at the rate on high-yield 10-year Treasury notes plus 3.6%, but caps that rate at 9.5%.

Sets the annual interest rate on Direct PLUS loans at the rate on high-yield 10-year Treasury notes plus 4.6%, but caps that rate at 10.5%.

Limits the applicability of the preceding provisions to loans first disbursed on or after July 1, 2013.

Fixes the interest rate on Direct Stafford loans, Direct Unsubsidized Stafford loans, and Direct PLUS loans for the period of the loan.

Sets the annual interest...

(Source: Congressional Research Service)

Bill Actions

Date Description
Aug. 9, 2013 Became Public Law No: 113-28.
Aug. 9, 2013 Signed by President.
Aug. 1, 2013 Presented to President.
July 31, 2013 Motion to reconsider laid on the table Agreed to without objection.
July 31, 2013

On motion that the House suspend the rules and agree to the Senate amendment Agreed to by the Yeas and Nays: (2/3 required): 392 - 31 (Roll no. 426). (text as House agreed to Senate amendment: CR H5214-5215)

July 31, 2013 Considered as unfinished business. (consideration: CR H5240-5241)
July 31, 2013 At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the chair announced that further proceedings on the motion would be postponed.
July 31, 2013 DEBATE - The House proceeded with forty minutes of debate on the motion to agree in the Senate amendment to H.R. 1911.
July 31, 2013 Mr. Kline moved that the House suspend the rules and agree to the Senate amendment. (consideration: CR H5214-5221)
July 24, 2013 Message on Senate action sent to the House.
July 24, 2013

Passed Senate, under the order of 7/23/2013, having achieved 60 votes in the affirmative, with an amendment by Yea-Nay Vote. 81 - 18. Record Vote Number: 185. (text: CR S5894)

July 24, 2013 Measure laid before Senate by unanimous consent. (consideration: CR S5863-5894)
July 18, 2013 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 139.
July 17, 2013 Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
June 3, 2013 Received in the Senate.
May 23, 2013 Motion to reconsider laid on the table Agreed to without objection.
May 23, 2013

On passage Passed by recorded vote: 221 - 198 (Roll no. 183).

May 23, 2013

On motion to recommit with instructions Failed by the Yeas and Nays: 194 - 223 (Roll no. 182).

May 23, 2013 The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H2938)
May 23, 2013 DEBATE - The House proceeded with 10 minutes of debate on the Sinema motion to recommit with instructions pending a reservation of a point of order. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment adding a new section pertaining to protecting students from teaser interest rates that lead to higher long-term costs. Subsequently, the reservation was removed.
May 23, 2013 Ms. Sinema moved to recommit with instructions to Education and the Workforce. (consideration: CR H2937-2939; text: CR H2937)
May 23, 2013 The previous question was ordered pursuant to the rule. (consideration: CR H2937)
May 23, 2013 DEBATE - The House proceeded with one hour of debate on H.R. 1911.
May 23, 2013 Rule provides for consideration of H.R. 1911 with 1 hour 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.
May 23, 2013 Considered under the provisions of rule H. Res. 232. (consideration: CR H2926-2940; text of amendment in the nature of a substitute: CR H2927)
May 23, 2013 Rule H. Res. 232 passed House.
May 22, 2013 Rules Committee Resolution H. Res. 232 Reported to House. Rule provides for consideration of H.R. 1911 with 1 hour 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.
May 20, 2013 Placed on the Union Calendar, Calendar No. 57.
May 20, 2013 Committee on Budget discharged.
May 20, 2013 Reported (Amended) by the Committee on Education and the Workforce. H. Rept. 113-82, Part I.
May 16, 2013 Ordered to be Reported (Amended) by the Yeas and Nays: 24 - 13.
May 16, 2013 Committee Consideration and Mark-up Session Held.
May 9, 2013 Referred to House Budget
May 9, 2013 Referred to House Education and the Workforce