S.2432: Bank on Students Emergency Loan Refinancing Act

About This Bill

When this bill was on the Most Viewed List on Congress.gov

Week Ending Rank
Sept. 21, 2014 9th
Sept. 14, 2014 8th

Bill Summary

Bank on Students Emergency Loan Refinancing Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to direct the Secretary of Education to establish a program to refinance the unpaid principal, accrued unpaid interest, and late charges on: (1) the William D. Ford Federal Direct Loans (DLs) of qualified borrowers if the DLs were first disbursed or, in the case of Direct Consolidation Loans, applied for, before July 1,...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 8 statements associated with S.2432.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.2432.

Bill Actions

Date Description
Sept. 18, 2014
Motion to proceed to consideration of measure made in Senate. (consideration: CR S5725-5726)
Sept. 16, 2014
Motion to proceed to consideration of measure made in Senate. (consideration: CR S5595-5597)
Sept. 15, 2014
Motion to proceed to consideration of measure made in Senate. (consideration: CR S5573-5574)
Sept. 11, 2014
Motion to proceed to consideration of measure made in Senate. (consideration: CR S5531, S5539, S5541, S5541-5543)
July 31, 2014
Committee on Banking, Housing, and Urban Affairs. Hearings held.
June 11, 2014
Motion by Senator Reid to reconsider the vote by which cloture was not invoked on the motion to proceed to the measure (Record Vote No. 185) entered in Senate. (consideration: CR S3557)
June 11, 2014

Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 56 - 38. Record Vote Number: 185. (consideration: CR S3557)

June 11, 2014
Motion to proceed to measure considered in Senate. (consideration: CR S3553-3557, S3557-3564)
June 10, 2014
Motion to proceed to consideration of measure made in Senate. (consideration: CR S3511)
June 9, 2014
Cloture motion on the motion to proceed to the measure presented in Senate. (consideration: CR S3491-3492; text: CR S3491)
June 9, 2014
Motion to proceed to consideration of measure made in Senate. (consideration: CR S3481-3482)
June 5, 2014
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 409.
June 4, 2014
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
June 4, 2014

Introduced in the Senate by Elizabeth Warren (D-Mass.)

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