Student Loan Interest Elimination Act

House Bill 4986 - Student Loan Interest Elimination Act: Overview, Status, and Impact

Hozzl · 2023-12-15T16:01:20Z

Explore the details of House Bill 4986 Student Loan Interest Elimination Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Education. Stay informed on legislative developments.

12/15/2023, 4:01 PM

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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

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

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

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.