H.R. 4851 · 116th Congress
State Workforce Incentive Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
StefanikSponsor2 cosponsors · 2 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill establishes a state-directed program of loan repayment credits to replace the public service loan forgiveness program.
What it does: CRS summary · Introduced in House · Oct 23, 2019
State Workforce Incentive Act
This bill establishes a state-directed program of loan repayment credits to replace the public service loan forgiveness program.
Specifically, the bill provides each state with an annual allotment of loan repayment credits, and it tasks states with determining the occupations for which a borrower shall be able to receive such credits (i.e., occupations that fill state-specific workforce and public service needs). Upon a determination that a borrower has met certain requirements, the Department of Education shall cancel an amount of the borrower's outstanding balance on their federal student loans that is equal to the amount of credits allocated to the borrower by their state under this program.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: State Workforce Incentive Act
Latest action (Oct 23, 2019): Referred to the House Committee on Education and Labor.
Policy area: Education · Origin: House · Introduced: Oct 23, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.