Modern GI Bill Act

Hozzl · 2022-11-01T05:02:32Z

Explore the details of House Bill 5056 Modern GI Bill Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Armed Forces and National Security. Stay informed on legislative developments.

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

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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

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 5056

Primary Policy Focus

Armed Forces and National Security

Potential 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