S.Res. 711 · 116th Congress
A resolution calling on the President of the United States to take executive action to broadly cancel Federal…
Full title
A resolution calling on the President of the United States to take executive action to broadly cancel Federal student loan debt.
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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.
D
SchumerSponsor13 cosponsors · 12 D, 1 I
D
Brown
RB
D
Blumenthal
CB
D
Booker
RD
D
Durbin
TD
D
Duckworth
EM
D
Markey
BM
D
Menendez
JM
D
Merkley
BS
I
Sanders
CV
D
Van Hollen
RW
D
Wyden
EW
D
Warren
BS
D
Schatz12 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This resolution calls on the President to take executive action to cancel up to $50,000 in federal student loan debt for borrowers.
What it does: CRS summary · Introduced in Senate · Sep 22, 2020
This resolution calls on the President to take executive action to cancel up to $50,000 in federal student loan debt for borrowers. Further, it encourages the President to (1) ensure that borrowers have no tax liability from the debt cancellation, (2) ensure that the debt cancellation helps close racial wealth gaps, and (3) pause student loan payments and interest accumulation on federal student loans for the duration of the COVID-19 (i.e., coronavirus disease 2019) pandemic.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A resolution calling on the President of the United States to take executive action to broadly cancel Federal student loan debt.
Latest action (Sep 22, 2020): Referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S5791-5792)
Policy area: Education · Origin: Senate · Introduced: Sep 22, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.