To amend the Servicemembers Civil Relief Act to extend the interest rate limitation on debt entered into during military service to debt incurred during military service to consolidate or refinance student loans incurred before military service.

Fact Sheet API

Bill Number

HR 2859

Introduced

Jul 30, 2013

Latest Action

Referred to the Subcommittee on Economic Opportunity.

Sponsor

Cosponsors

Topics

Armed Forces and National Security Government lending and loan guarantees Interest, dividends, interest rates Student aid and college costs Veterans' education, employment, rehabilitation

Full Text

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Votes

Summary

Amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.

Actions

Aug 13, 2013

Referred to the Subcommittee on Economic Opportunity.
Jul 30, 2013

Referred to the House Committee on Veterans' Affairs.
Jul 30, 2013

Introduced in House

Amendments

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