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HBCU Capital Finance Debt Relief Act

8/10/2022, 11:36 PM

Congressional Summary of HR 7380

HBCU Capital Finance Debt Relief Act

This bill requires the Department of Education to, within 30 days, cancel the obligation of historically Black colleges and universities to repay the balance of principal and interest due on their capital financing loans.

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Current Status of Bill HR 7380

Bill HR 7380 is currently in the status of Bill Introduced since June 26, 2020. Bill HR 7380 was introduced during Congress 116 and was introduced to the House on June 26, 2020.  Bill HR 7380's most recent activity was Referred to the House Committee on Education and Labor. as of June 26, 2020

Bipartisan Support of Bill HR 7380

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
23
Democrat Cosponsors
23
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7380

Primary Policy Focus

Education

Potential Impact Areas

- Education programs funding
- Government lending and loan guarantees
- Higher education
- Minority education
- School administration

Alternate Title(s) of Bill HR 7380

HBCU Capital Finance Debt Relief Act
To cancel the obligation of historically black colleges and universities to repay certain capital financing loans, and for other purposes.
HBCU Capital Finance Debt Relief Act

Comments

Sponsors and Cosponsors of HR 7380

Alma S. Adams
Alma S. Adams
North CarolinaDemocrat
Bonnie Watson Coleman
Bonnie Watson Coleman
New JerseyDemocrat
Frederica S. Wilson
Frederica S. Wilson
FloridaDemocrat
Bennie G. Thompson
Bennie G. Thompson
MississippiDemocrat
Terri A. Sewell
Terri A. Sewell
AlabamaDemocrat
Jose E. Serrano
Jose E. Serrano
New YorkDemocrat

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