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- H.R.2580
H.R.2580: ExCEL Act of 2017
About This Bill
- Introduced May 19, 2017
- Latest Major Action May 19, 2017
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - May 19, 2017
Bill Summary
Earnings Contingent Education Loans Act of 2017 or the ExCEL Act of 2017 This bill amends the Higher Education Act of 1965 to replace several existing federal student loan programs with a single repayment plan that caps annual debt repayments based on the borrower's income. The bill terminates the authority of the Department of Education (ED) to make federal Direct Stafford Loans, Direct Unsubsidized Stafford Loans, and Direct PLUS loans,...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 19, 2017 |
Referred to House Ways and Means
|
| May 19, 2017 |
Referred to House Education and the Workforce
|
| May 19, 2017 |
Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
|
| May 19, 2017 |
Introduced in the House by Lee Zeldin (R-N.Y.) |