H.R. 4628 · 112th Congress
Interest Rate Reduction Act
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No cosponsors.
- House Introduced Apr 25, 2012
- House Passed Apr 27, 2012 215–195
Interest Rate Reduction Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2013.
What it does: CRS summary · Passed House without amendment · Apr 27, 2012
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Interest Rate Reduction Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2013.
Amends the Patient Protection and Affordable Care Act to repeal provisions establishing and appropriating funds to the Prevention and Public Health Fund (a Fund to provide for expanded and sustained national investment in prevention and public health programs to improve health and help restrain the rate of growth in private and public sector health care costs). Rescinds any unobligated balances appropriated to such Fund.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
Votes to become law
About this bill and sources
Official title: Interest Rate Reduction Act
Latest action (May 8, 2012): Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 393.
Policy area: Education · Origin: House · Introduced: Apr 25, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
- House Introduced Apr 25, 2012
- House Passed Apr 27, 2012 215–195
Final vote · House · Apr 27, 2012
Passage — Passed. Vote details
Speaker of the House: John A. Boehner
Table of every position
All recorded votes (2)
- Passage Passed
House · Apr 27, 2012 · “On Passage” · Speaker: John A. Boehner - Sending back to committee (motion to recommit) Failed
House · Apr 27, 2012 · “On Motion to Recommit with Instructions” · Speaker: John A. Boehner