Federal Employee Student Debt Transparency Act

Hozzl · 2024-03-13T02:09:42Z

Explore the details of Senate Bill 1295 Federal Employee Student Debt Transparency Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Government Operations and Politics. Stay informed on legislative developments.

3/13/2024, 2:09 AM

Summary of Bill S 1295

Bill 118 s 1295, also known as the Federal Employee Student Debt Transparency Act, aims to increase transparency surrounding the student loan debt of federal employees. The bill requires federal agencies to report annually on the amount of student loan debt held by their employees, as well as the number of employees who are receiving student loan repayment benefits.

The goal of the bill is to provide a clearer picture of the student loan debt burden faced by federal employees, and to ensure that federal agencies are effectively utilizing student loan repayment benefits to attract and retain top talent. By requiring agencies to report on the amount of student loan debt held by their employees, Congress hopes to identify any trends or issues related to student loan debt within the federal workforce.

Overall, the Federal Employee Student Debt Transparency Act seeks to promote greater awareness and understanding of the student loan debt challenges faced by federal employees, and to encourage federal agencies to effectively address these challenges through student loan repayment benefits.

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Current Status of Bill S 1295

Bill S 1295 is currently in the status of Bill Introduced since April 26, 2023. Bill S 1295 was introduced during Congress 118 and was introduced to the Senate on April 26, 2023. Bill S 1295's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of April 26, 2023

Bipartisan Support of Bill S 1295

Total Number of Sponsors

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Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 1295

Primary Policy Focus

Government Operations and Politics

Alternate Title(s) of Bill S 1295

Federal Employee Student Debt Transparency Act

A bill to amend chapter 131 of title 5, United States Code, to require Senior Executive Service and schedule C employees to disclose Federal student loan debt, and for other purposes.