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H.R. 5113 · 108th Congress

Emergency Loan Abuse Prevention Act of 2004

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

Emergency Loan Abuse Prevention Act of 2004 - Amends the Higher Education Act of 1965 to reduce certain special allowance payments to holders of student loans.

What it does: CRS summary · Introduced in House · Sep 21, 2004

Emergency Loan Abuse Prevention Act of 2004 - Amends the Higher Education Act of 1965 to reduce certain special allowance payments to holders of student loans.

Appropriates, for each fiscal year after enactment of this Act, an additional amount to increase the maximum Pell grant for that fiscal year. Makes such amount equal to the amount by which expenditures for such special allowances are reduced by this Act for that fiscal year, as determined by the Congressional Budget Office.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Emergency Loan Abuse Prevention Act of 2004

Latest action (Oct 13, 2004): Referred to the Subcommittee on 21st Century Competitiveness.

Policy area: Education · Origin: House · Introduced: Sep 21, 2004

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.