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Modern GI Bill Act
11/1/2022, 5:02 AM
Congressional Summary of HR 5056
Modern GI Bill Act
This bill authorizes individuals who are entitled to educational assistance under the Post-9/11 GI Bill to apply amounts of such assistance to repay federal student loans for up to 36 months.
The bill sets a cap and annual cost-of-living increases for the amount of educational assistance that may be paid to an individual under this bill during FY2020 and the following years.
Read the Full Bill
Current Status of Bill HR 5056
Bill HR 5056 is currently in the status of Bill Introduced since November 12, 2019. Bill HR 5056 was introduced during Congress 116 and was introduced to the House on November 12, 2019. Bill HR 5056's most recent activity was Subcommittee Hearings Held. as of March 10, 2020
Bipartisan Support of Bill HR 5056
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
5Democrat Cosponsors
3Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5056
Primary Policy Focus
Armed Forces and National SecurityPotential Impact Areas
- Government lending and loan guarantees
- Higher education
- Student aid and college costs
- Veterans' education, employment, rehabilitation
Alternate Title(s) of Bill HR 5056
Modern GI Bill Act
To amend title 38, United States Code, to allow individuals who are entitled to Post-9/11 educational assistance to use such assistance to repay Federal student loans.
Modern GI Bill Act
Comments
Sponsors and Cosponsors of HR 5056
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