LEADS Act of 2017
Latest action · Mar 8, 2017 Referred to the House Committee on Education and the Workforce.
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.
- IntroducedMar 8, 2017
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Letter of Estimated Annual Debt for Students Act of 2017 or the LEADS Act of 2017
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require an institution of higher education that participates in federal student aid programs to provide an annual estimate of borrowing costs to each enrolled student who receives an education loan. The cost estimate must include the student's cumulative education loan balance, projected monthly payment amount, and interest rate on each loan.
Cosponsors 9
Members who signed on, in the order they did. Signatures ran from Mar 8, 2017 to Aug 4, 2017, with 6 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-IN | André Carson | Original | Mar 8, 2017 |
| R-NY | Elise M. Stefanik | Original | Mar 8, 2017 |
| R-IN | Larry Bucshon | Original | Mar 8, 2017 |
| R-AZ | Martha McSally | Original | Mar 8, 2017 |
| R-IN | Susan W. Brooks | Original | Mar 8, 2017 |
| R-IN | Todd Rokita | Original | Mar 8, 2017 |
| D-IN | Peter J. Visclosky | Apr 25, 2017 | |
| R-IL | Rodney Davis | May 23, 2017 | |
| R-PA | Brian K. Fitzpatrick | Aug 4, 2017 |
Actions 2
Everything that happened, newest first.
- Mar 8, 2017Introduced in House
- Mar 8, 2017Referred to the House Committee on Education and the Workforce.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2224 | Empowering Student Borrowers Act | Related bill | Dec 13, 2017 |
Subjects
Assigned by the Library of Congress. Policy area: Education.
Text 1
Each version as it was printed, newest first.
- Mar 8, 2017Introduced in House
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.