HR 3826 · 112th Congress 2011–2013, ended

To amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans.

Introduced Jan 25, 2012 Originated House Sponsor Joe Courtney D-CT

Fact sheet Spreadsheet

Latest action · Mar 29, 2012 Referred to the Subcommittee on Higher Education and Workforce Training.

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.

  1. IntroducedJan 25, 2012
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disbursed to undergraduate students on or after July 1, 2012.

Cosponsors 154

Members who signed on, in the order they did. Signatures ran from Jan 25, 2012 to Jun 21, 2012; 9 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
D-IABruce L. BraleyOriginalJan 25, 2012
D-DCEleanor Holmes NortonOriginalJan 25, 2012
D-CAFortney Pete StarkOriginalJan 25, 2012
D-MIGary C. PetersOriginalJan 25, 2012
D-MIHansen ClarkeOriginalJan 25, 2012
D-ILJesse L. Jackson, Jr.OriginalJan 25, 2012
D-AZRaúl M. GrijalvaOriginalJan 25, 2012
D-TXRuben HinojosaOriginalJan 25, 2012
D-TXSilvestre ReyesOriginalJan 25, 2012
D-INAndré CarsonJan 31, 2012
D-CAAnna G. EshooJan 31, 2012
D-CABarbara LeeJan 31, 2012
D-MSBennie G. ThompsonJan 31, 2012
D-MNBetty McCollumJan 31, 2012
D-CABob FilnerJan 31, 2012
Show all 154 cosponsors

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseEducation and Workforce Committee
Referred Jan 25, 2012
Higher Education and Workforce Development Subcommittee
Referred Mar 29, 2012

Actions 3

Everything that happened, newest first.

  1. Mar 29, 2012Referred to the Subcommittee on Higher Education and Workforce Training.
  2. Jan 25, 2012Introduced in House
  3. Jan 25, 2012Referred to the House Committee on Education and the Workforce.

In the Congressional Record 13

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.

WhereIn the RecordMembersDate
HouseDebate and remarks H3817Joe Courtney D-CTJun 20, 2012
HouseDebate and remarks H3398Joe Courtney D-CTJun 1, 2012
HouseDebate and remarks H3108Joe Courtney D-CTMay 18, 2012
HouseDebate and remarks H2721Joe Courtney D-CTMay 16, 2012
HouseDebate and remarks H2336Joe Courtney D-CTMay 8, 2012
Show all 13 days

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.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Article I, Section 8, Clause 3 The Congress shall have Power *** To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.

The sponsor’s statement, as printed in the page H182.

Related bills 7

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 2051A bill to amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans.Identical billJan 31, 2012
S 2343Stop the Student Loan Interest Rate Hike Act of 2012Related billMay 24, 2012
S 2366Interest Rate Reduction ActRelated billApr 25, 2012
S 2834Subsidized Stafford Loan Reduced Interest Rate Extension Act of 2012Related billMay 7, 2012
HR 4628Interest Rate Reduction ActRelated billMay 8, 2012
HR 4816Stop the Rate Hike Act of 2012Related billSep 26, 2012
HR 5812Investing in Our Student's Future ActRelated billSep 26, 2012

Titles 1

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans.

Subjects

Assigned by the Library of Congress. Policy area: Education.

Text 1

Each version as it was printed, newest first.

  1. Jan 25, 2012Introduced in House

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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.