HR 7449 · 116th Congress 2019–2021, ended

Bank on Students Coronavirus Emergency Loan Refinancing Act of 2020

Introduced Jul 1, 2020 Originated House Sponsor Joe Courtney D-CT

Fact sheet

Latest action · Jul 1, 2020 Referred to the House Committee on Education and Labor.

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.

IntroducedJul 1, 2020
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Bank on Students Coronavirus Emergency Loan Refinancing Act of 2020

This bill establishes refinancing programs for federal and private student loans. Specifically, it allows certain borrowers to refinance their federal student loans down to lower interest rates, and creates the Federal Direct Refinanced Private Loan to allow certain borrowers to refinance their private student loans.

Cosponsors 37

Members who signed on, in the order they did. Signatures ran from Jul 1, 2020 to Nov 12, 2020, with 29 there on the day it was introduced.

Seat	Cosponsor		Signed on
D-WA	Adam Smith	Original	Jul 1, 2020
D-NH	Ann M. Kuster	Original	Jul 1, 2020
D-NM	Ben Ray Luján	Original	Jul 1, 2020
D-ME	Chellie Pingree	Original	Jul 1, 2020
D-RI	David N. Cicilline	Original	Jul 1, 2020
D-MI	Debbie Dingell	Original	Jul 1, 2020
D-WA	Derek Kilmer	Original	Jul 1, 2020
D-CO	Ed Perlmutter	Original	Jul 1, 2020
D-DC	Eleanor Holmes Norton	Original	Jul 1, 2020
D-MI	Elissa Slotkin	Original	Jul 1, 2020
D-CA	Eric Swalwell	Original	Jul 1, 2020
D-FL	Frederica S. Wilson	Original	Jul 1, 2020
D-CA	Gilbert Ray Cisneros, Jr.	Original	Jul 1, 2020
D-CT	Jahana Hayes	Original	Jul 1, 2020
D-CT	James A. Himes	Original	Jul 1, 2020

Show all 37 cosponsors

Actions 2

Everything that happened, newest first.

Jul 1, 2020Introduced in House
Jul 1, 2020Referred to the House Committee on Education and Labor.

Related bills 1

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

Bill	Title	Relationship	Latest action
S 4141	Bank on Students Coronavirus Emergency Loan Refinancing Act of 2020	Identical bill	Jul 1, 2020

Subjects

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

Text 1

Each version as it was printed, newest first.

Jul 1, 2020Introduced 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.