H.R. 4736 · 111th Congress
Energy Education Loan Forgiveness Act of 2010
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
WilsonSponsorNo cosponsors.
Energy Education Loan Forgiveness Act of 2010 - Amends the Higher Education Act of 1965 to authorize the Secretary of Education to provide student loan forgiveness under the Federal Family Education Loan, Direct Loan, and Perkins Loans programs to individuals who have been employed for at least one year after this Act's enactment as full-time skilled energy…
What it does: CRS summary · Introduced in House · Mar 3, 2010
Energy Education Loan Forgiveness Act of 2010 - Amends the Higher Education Act of 1965 to authorize the Secretary of Education to provide student loan forgiveness under the Federal Family Education Loan, Direct Loan, and Perkins Loans programs to individuals who have been employed for at least one year after this Act's enactment as full-time skilled energy workers in advanced energy industries.
Limits the maximum amount of such loan forgiveness to $2,000 after the first year of a skilled energy worker's employment, with incremental increases after each of the following four years, reaching $5,000 of the loan obligation of the borrower outstanding after the completion of the fifth year.
Includes as advanced energy industries those involved in: (1) alternative energy; (2) nuclear energy; (3) energy efficient construction, retrofitting, and design; (4) sustainable energy technologies; (5) water and energy conservation; (6) recycling and waste reduction; (7) advanced agriculture; (8) carbon sequestration and storage; (9) natural gas drilling; and (10) clean coal production.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Energy Education Loan Forgiveness Act of 2010
Latest action (Mar 22, 2010): Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.
Policy area: Education · Origin: House · Introduced: Mar 3, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.