S. 2366 · 112th Congress
Interest Rate Reduction Act
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
AlexanderSponsor21 cosponsors · 21 R
R
Blunt
JB
R
Barrasso
DC
R
Coats
JC
R
Cornyn
ME
R
Enzi
KH
R
Hutchison
JH
R
Hoeven
JI
R
Inhofe
JI
R
Isakson
MJ
R
Johanns
JK
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Kyl
MM
R
McConnell
RW
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Wicker
DH
R
Heller
RP
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Portman
MR
R
Rubio
JT
R
Thune
SC
R
Chambliss
TC
R
Cochran
PR
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Roberts
KA
R
Ayotte13 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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 · Introduced in Senate · Apr 25, 2012
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
About this bill and sources
Official title: Interest Rate Reduction Act
Latest action (Apr 25, 2012): Introduced in the Senate. Read twice. Ordered Placed on Senate Legislative Calendar under General Orders. Calendar No. 370.
Policy area: Education · Origin: Senate · Introduced: Apr 25, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.