Tribal Colleges and Universities Faculty Loan Forgiveness Act
Latest action · Dec 12, 2005 Placed on Senate Legislative Calendar under General Orders. Calendar No. 323.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 6, 2005
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Tribal Colleges and Universities Faculty Loan Forgiveness Act - Amends the Higher Education Act of 1965 to provide for the cancellation of a specified percentage of the total amount of any Federal Perkins loan, Federal Family Education loan, or direct student loan for each year of employment (up to five) as a full-time faculty member at a tribal college or university if the borrower is not in default on such loan.
Requires the Secretary to assume or cancel the obligation to repay: (1) 15% of the amount of all such loans made, insured, or guaranteed after enactment of this Act to a student for the first or second year of employment; (2) 20% for the third or fourth year of such employment; and (3) 30% for the fifth year.
Limits the total amount of loan repayment or cancellation per student to $15,000. Allows for repayment or cancellation of consolidation loans only to the extent of the qualified student loans involved.
Prohibits a borrower from receiving, for the same service, both a benefit from this Act and a benefit from the National Community Service Act of 1990.
Amends the Public Health Service Act to provide for repayment by the Secretary of Health and Human Services of educational loans for nurse training costs on behalf of nursing instructors at tribal colleges or universities, or any land-grant institution listed in the Equity in Educational Land-Grant Status Act of 1994.
Provides that the amount of any loan forgiven under this Act shall not be treated as gross income for federal tax purposes.
Cosponsors 9
Members who signed on, in the order they did. Signatures ran from Apr 6, 2005 to Feb 1, 2006; 7 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-ND | Byron L. Dorgan | Original | Apr 6, 2005 |
| R-MT | Conrad R. Burns | Original | Apr 6, 2005 |
| D-WI | Herb Kohl | Original | Apr 6, 2005 |
| D-NM | Jeff Bingaman | Original | Apr 6, 2005 |
| R-SD | John Thune | Original | Apr 6, 2005 |
| R-NM | Pete V. Domenici | Original | Apr 6, 2005 |
| D-SD | Tim Johnson | Original | Apr 6, 2005 |
| R-AZ | John McCain | Jun 28, 2005 | |
| D-MI | Debbie Stabenow | Feb 1, 2006 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Indian Affairs Committee | Referred Apr 6, 2005Markup Jun 29, 2005Reported Dec 12, 2005 |
Actions 6
Everything that happened, newest first.
- Dec 12, 2005Committee on Indian Affairs. Reported by Senator McCain with amendments. With written report No. 109-205.
- Dec 12, 2005Placed on Senate Legislative Calendar under General Orders. Calendar No. 323.
- Jun 29, 2005Committee on Indian Affairs. Ordered to be reported with an amendment favorably.
- Apr 6, 2005Introduced in Senate
- Apr 6, 2005Sponsor introductory remarks on measure. (CR S3314)
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S3314 | Conrad R. Burns R-MT, Kent Conrad D-ND | Apr 6, 2005 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Congressional Budget Office cost estimates 2
- Aug 12, 2005S. 731, Tribal Colleges and Universities Teacher Loan Forgiveness Act<p>Cost estimate for the bill as ordered reported by the Senate Committee on Indian Affairs on June 29, 2005</p>
- Aug 12, 2005S. 731, Tribal Colleges and Universities Teacher Loan Forgiveness ActCost estimate for the bill as ordered reported by the Senate Committee on Indian Affairs on June 29, 2005
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to recruit and retain more qualified individuals to teach in Tribal Colleges or Universities.
- Short Titles as Introduced
- Tribal Colleges and Universities Teacher Loan Forgiveness Act
- Short Titles as Reported to Senate
- Tribal Colleges and Universities Faculty Loan Forgiveness Act
Subjects
Assigned by the Library of Congress. Policy area: Native Americans.
- College teachers
- Economics and Public Finance
- Education
- Federal aid to education
- Federal aid to Indians
- Federally-guaranteed loans
- Finance and Financial Sector
- Health
- Higher education
- Income tax
- Indian education
- Minorities
- Native Americans
- Nursing education
- Scholarships
- Student loan funds
- Tax exclusion
- Taxation
Text 2
Each version as it was printed, newest first.
- Dec 12, 2005Reported to Senate
- Apr 6, 2005Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.