Bill Sponsor
Senate Bill 4002
116th Congress(2019-2020)
Servicemember Student Loan Affordability Act of 2020
Introduced
Introduced
Introduced in Senate on Jun 18, 2020
Overview
Text
Introduced
Jun 18, 2020
Latest Action
Jun 18, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4002
Congress
116
Policy Area
Armed Forces and National Security
Armed Forces and National Security
Primary focus of measure is military operations and spending, facilities, procurement and weapons, personnel, intelligence; strategic materials; war and emergency powers; veterans’ issues. Measures concerning alliances and collective security, arms sales and military assistance, or arms control may fall under International Affairs policy area.
Sponsorship by Party
Democrat
Illinois
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

Servicemember Student Loan Affordability Act of 2020

This bill extends the 6% interest rate limitation on debt entered into during a service member's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.

Text (1)
Actions (2)
06/18/2020
Read twice and referred to the Committee on Veterans' Affairs. (text: CR S3104)
06/18/2020
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:46:12 PM