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Student Loan Interest Elimination Act

12/15/2023, 4:01 PM

Current Status of Bill HR 4986

Bill HR 4986 is currently in the status of Bill Introduced since July 27, 2023. Bill HR 4986 was introduced during Congress 118 and was introduced to the House on July 27, 2023.  Bill HR 4986's most recent activity was Referred to the Committee on Education and the Workforce, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of July 27, 2023

Bipartisan Support of Bill HR 4986

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
25
Democrat Cosponsors
25
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4986

Primary Policy Focus

Education

Alternate Title(s) of Bill HR 4986

Student Loan Interest Elimination Act
Student Loan Interest Elimination Act
To amend the Higher Education Act of 1965 to eliminate interest on student loans, establish the Education Affordability Trust Fund, increase annual and aggregate loan limits, and for other purposes.

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