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S. 4002 · 116th Congress

Servicemember Student Loan Affordability Act of 2020

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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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.

1 cosponsor · 1 D

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill extends the 6% interest rate limitation on debt entered into during a service member's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.

What it does: CRS summary · Introduced in Senate · Jun 18, 2020

Servicemember Student Loan Affordability Act of 2020

This bill extends the 6% interest rate limitation on debt entered into during a service member's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.

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

About this bill and sources

Official title: Servicemember Student Loan Affordability Act of 2020

Latest action (Jun 18, 2020): Read twice and referred to the Committee on Veterans' Affairs. (text: CR S3104)

Policy area: Armed Forces and National Security · Origin: Senate · Introduced: Jun 18, 2020

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

No recorded floor vote found.