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- S.1619
S.1619: A bill to amend the Servicemembers Civil Relief Act to extend the interest rate limitation on debt entered into during military service to debt incurred during military service to consolidate or refinance student loans incurred before military service.
About This Bill
- Introduced July 24, 2017
- Latest Major Action July 24, 2017
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (All Democrats)
Bill Version
- Introduced in Senate - July 24, 2017
Bill Summary
This bill amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 24, 2017 |
Read twice and referred to the Committee on Veterans' Affairs. (text of measure as introduced: CR S4137-4138)
|
| July 24, 2017 |
Introduced in the Senate by Richard J. Durbin (D-Ill.) |