Top Legislation - View All

Latest Action: 08/31/2008 - Cleared for White House.

Bill Text
To amend and extend the Higher Education Act of 1965, and for other purposes. 2/7/2008--Passed House amended.    (There are 2 other summaries) College Opportunity and Affordability Act of 2008 - Amends the Higher Education Act of 1965 (HEA) to revise and reauthorize HEA programs. Title I: Title I Amendments - (Sec. 101) Revises the general definition of an institution of higher education (IHE) to include schools that: (1) admit students whose secondary education was conducted in a home school setting; (2) award degrees (not necessarily bachelor's degrees) that are acceptable for admission to a graduate or professional degree program; and (3) enroll students who will be dually or concurrently enrolled in a secondary school. Revises the definition of an IHE for purposes of title IV student assistance programs. Requires graduate medical schools located outside the country, that qualified as IHEs owing to their having a state-approved [...]

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Latest Action: 01/22/2007 - Sponsor introductory remarks on measure. (CR S847-848)

Bill Text
A bill to amend the Higher Education Act of 1965 to provide additional support to students. 1/22/2007--Introduced. Student Debt Relief Act of 2007 - Amends the Higher Education Act of 1965 to extend the Pell Grant program through FY2012 and increase yearly maximum Pell grant amounts. Authorizes and appropriates specified additional annual funding for such grants. Requires the Secretary of Education to provide institutions of higher education Student Aid Reward Payments for participating in the Federal Family Education Loan (FFEL) or Direct Loan (DL) program most cost-effective for taxpayers. Phases-in cuts to the interest rates charged undergraduate student borrowers under the FFEL and DL programs, thereby reducing such rate from 6.8% in July 2006 to 3.4% in July 2011. Directs the Secretary to forgive the balance due on DLs and direct consolidation loans by individuals who have been public sector employees for 10 years and have made 120 income contingent [...]

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Latest Action: 04/18/2007 - Returned to the Calendar. Calendar No. 20.

Bill Text
An original bill to authorize appropriations for fiscal year 2007 for the intelligence and intelligence-related activities of the United States Government, the Intelligence Community Management Account, and the Central Intelligence Agency Retirement and Disability System, and for other purposes. 1/24/2007--Reported to Senate without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Intelligence Authorization Act for Fiscal Year 2007 - Title I: Intelligence Activities - (Sec. 101) Authorizes appropriations for FY2007 for the conduct of intelligence and intelligence-related activities of the: (1) Office of the Director of National Intelligence (DNI); (2) Central Intelligence Agency (CIA); (3) Department of Defense (DOD); (4) Defense Intelligence Agency (DIA); (5) National Security Agency (NSA); (6) Departments of [...]

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Latest Action: 01/31/2007 - Read twice and referred to the Committee on Environment and Public Works.

Bill Text
A bill to amend title 11, United States Code, to ensure that liable entities meet environmental cleanup obligations, and for other purposes. 1/31/2007--Introduced. Cleanup Assurance and Polluter Accountability Act of 2007 or CAPA - Directs the Environmental Protection Agency (EPA) to: (1) finalize regulations under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) that require facilities to establish and maintain evidence of financial responsibility for the risk associated with the production, transportation, treatment, storage, or disposal of hazardous substances; (2) publish proposed financial assurance rules for classes of facilities that present the highest risk associated with such substances; and (3) annually promulgate financial assurance rules for additional classes of facilities, giving highest priority to classes that may contain sites at which unreimbursed response costs are at least $12,000. Requires facilities subject [...]

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Latest Action: 02/01/2007 - Sponsor introductory remarks on measure. (CR S1533-1534)

Bill Text
A bill to establish requirements for lenders and institutions of higher education in order to protect students and other borrowers receiving educational loans. 2/1/2007--Introduced. Student Loan Sunshine Act - Amends the Higher Education Act of 1965 to require each lender entering into an educational loan arrangement with a postsecondary school to: (1) report annually to the Secretary of Education specified information concerning such arrangement; (2) inform borrowers of their loan options under title IV (Student Assistance) before extending private educational loans for attendance at such school; and (3) be barred by such school from marketing such loans in a manner implying the school's endorsement. Directs the Secretary to report to specified congressional committees on the adequacy of educational loan information provided to borrowers, including a model format for lender use in providing annual loan information to the Secretary and covered schools. Requires [...]

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Latest Action: 02/07/2007 - Sponsor introductory remarks on measure. (CR S1711)

Bill Text
A bill to provide student borrowers with basic rights, including the right to timely information about their loans and the right to make fair and reasonable loan payments, and for other purposes. 2/7/2007--Introduced. Student Borrower Bill of Rights Act of 2007 - Urges the Department of Education to enforce vigorously rules requiring lenders to complete lender verification certificates in a timely manner for borrowers seeking to consolidate loans. Amends the Higher Education Act of 1965 to require specified loan participants under the Federal Family Education Loan (FFEL) and Federal Perkins Loan programs to disclose to each national credit bureau organization any on-time payments made for such loans and their status as student loans. Requires FFEL consolidation loan borrowers or lenders to pay the Department 1% of the balance owed on the sum of such loans to obtain a subsequent FFEL consolidation loan. Allows borrowers to refinance Federal Direct Consolidation [...]

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Latest Action: 07/11/2007 - Considered as unfinished business. (consideration: CR H7505)

Bill Text
Supporting home ownership and responsible lending. 7/11/2007--Passed House without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)Declares the sense of the House that specified government action should be taken that protects buyers from unscrupulous mortgage brokers and lenders. Declares that such action should: (1) enforce rules to eliminate unfair and deceptive practices in sub-prime mortgage lending; (2) encourage lenders to evaluate a borrower's ability to reasonably repay any mortgage loan; (3) establish clear minimum standards for mortgage originators; (4) require that disclosures clearly and effectively communicate necessary information about any mortgage loan to the potential borrower; (5) reduce or eliminate abuses in prepayment penalties; (6) address appraisal and other mortgage fraud; (7) raise public [...]

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Latest Action: 04/12/2007 - Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Bill Text
To amend the Truth in Lending Act to prohibit fees by creditors for payments on credit card accounts by electronic fund transfers, and for other purposes.

2/7/2007--Introduced.

Credit Card Payment Fee Act of 2007 - Amends the Truth in Lending Act to prohibit a creditor, in the case of a credit card account under an open end consumer credit plan, from imposing a fee based on the manner in which payment on the account is made, including a fee for making any such payment by electronic fund transfer.

Latest Action: 06/05/2007 - Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.

Bill Text
To establish requirements for lenders and institutions of higher education in order to protect students and other borrowers receiving educational loans. 5/9/2007--Passed House amended.    (There is 1 other summary) Student Loan Sunshine Act - (Sec. 2) Amends title I of the Higher Education Act of 1965 to create a new part E (Lender and Institution Requirements Relating to Educational Loans). Requires each lender entering into a preferred lender arrangement with a covered institution (schools that provide postsecondary studies and receive federal funds) to: (1) certify annually to the Secretary of Education that all of the preferred lender arrangements in which it participates are in compliance with the requirements of this Act; (2) inform borrowers of their loan options under title IV (Student Assistance), including information on more favorable loans under such title, before extending private educational loans for attendance at such institution; and (3) [...]

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Latest Action: 03/19/2007 - Star Print ordered on the bill.

Bill Text
A bill to amend the Longshore and Harbor Workers' Compensation Act to improve the compensation system, and for other purposes. 3/12/2007--Introduced. Longshore and Harbor Workers' Compensation Act Amendments of 2007 - Amends the Longshore and Harbor Workers' Compensation Act to declare that it is the intent of Congress that: (1) in a claim brought under such Act, the facts are not to be given a broad liberal construction in favor of the employee or of the employer; (2) the laws pertaining to the claim are to be construed in accordance with the basic principles of statutory construction and not liberally in favor of either the employee or employer; and (3) the system established under the Act shall be efficient and self-executing, but not an economic or administrative burden. Makes compensation under the Act payable regardless of fault as a cause of an injury (no-fault). Specifies requirements for proportional payment of compensation, the last employer doctrine,[...]

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Latest Legislation - View All

Latest Action: 04/21/2008 - Committee on Banking, Housing, and Urban Affairs. Original measure reported to Senate by Senator Dodd. With written report No. 110-327.

Bill Text
An original bill to establish requirements for private lenders to protect student borrowers receiving private educational loans, and for other purposes. 4/21/2008--Reported to Senate without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)Private Student Loan Transparency and Improvement Act of 2007 - Title I: Preventing Unfair and Deceptive Private Educational Lending Practices and Eliminating Conflicts of Interest - (Sec. 101) Amends the Truth in Lending Act to prohibit a private educational lender from: (1) offering or providing any gift to specified educational institutions or their personnel in exchange for any advantage or consideration provided to such lender related to its educational loan activities; or (2) engaging in revenue sharing with such institutions.Prohibits such lender from marketing loans [...]

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Latest Action: 05/05/2008 - Reported (Amended) by the Committee on Financial Services. H. Rept. 110-619.

Bill Text
To create a voluntary FHA program that provides mortgage refinancing assistance to allow families to stay in their homes, protect neighborhoods, and help stabilize the housing market. 5/5/2008--Reported to House amended.    (There is 1 other summary) FHA Housing Stabilization and Homeownership Retention Act of 2008 - Title I: Homeownership Retention - (Sec. 102) Amends the National Housing Act (NHA) to create the Refinance Program Oversight Board, which shall establish and oversee a program for insuring homeownership retention mortgages. Instructs the Secretary of Housing and Urban Development (HUD) to insure any homeownership retention mortgage covering a one- to four-family residence made to pay or prepay outstanding obligations under an existing mortgage on the residence. Sets forth mortgagor eligibility criteria, including mortgagor certification that: (1) the residence is the only residence in which the mortgagor has any present [...]

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Latest Action: 05/07/2008 - Signed by President.

Bill Text
To ensure continued availability of access to the Federal student loan program for students and families. 5/7/2008--Public Law.    (There are 4 other summaries) (This measure has not been amended since it was passed by the Senate on April 30, 2008. The summary of that version is repeated here.) Ensuring Continued Access to Student Loans Act of 2008 - (Sec. 2) Amends the Higher Education Act of 1965 to increase, by $2,000, the maximum annual unsubsidized Stafford loan amounts that may be provided to undergraduate students under the Federal Family Education Loan (FFEL) program. Sets the aggregate limit on such loans at $31,000 for dependent undergraduates and $57,500 for independent undergraduates. (Sec. 3) Gives parent borrowers of PLUS FFELs the option to defer loan principal repayment for up to six months after the students for whom such loans are borrowed cease to carry at least one-half the normal full-time academic workload. [...]

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Latest Action: 04/03/2008 - Sponsor introductory remarks on measure. (CR S2440-2442)

Bill Text
A bill to amend the Higher Education Act of 1965 in order to increase unsubsidized Stafford loan limits for undergraduate students, provide for a secondary market for FFEL loans, allow for the in-school deferment of PLUS loans, augment the maximum Federal Pell Grant for the lowest income students, and expand the number of students eligible to obtain loans under the lender-of-last-resort program, and for other purposes. 4/3/2008--Introduced. Strengthening Student Aid for All Act - Amends the Higher Education Act of 1965 to increase the maximum annual and aggregate unsubsidized Stafford loan amounts that may be provided to undergraduate students under the Federal Family Education Loan (FFEL) program. Allows parents of dependent students to defer PLUS FFEL principal repayment until such students cease to be enrolled as undergraduates on at least a half-time basis. Directs the Secretary of Education to act as the secondary market of last resort for FFELs, until July [...]

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Latest Action: 03/17/2008 - Referred to the Subcommittee on Commercial and Administrative Law.

Bill Text
To amend title 11 of the United States Code to make nondischargeable debts for personal injuries that result in permanent disability.

2/26/2008--Introduced.

Savannah's Law - Amends federal bankruptcy law to declare nondischargeable in bankruptcy any debts for a personal injury that results in a permanent disability.

Latest Action: 03/17/2008 - Referred to the Subcommittee on Commercial and Administrative Law.

Bill Text
To amend title 11 of the United States Code to make nondischargeable debts for personal injuries that result in permanent disability.

2/14/2008--Introduced.

Amends federal bankruptcy law to declare nondischargeable in bankruptcy any debts for a personal injury that results in a permanent disability.

Latest Action: 02/14/2008 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 577.

Bill Text
A bill to provide needed housing reform. 2/13/2008--Introduced. Foreclosure Prevention Act of 2008 - Amends the Internal Revenue Code to: (1) authorize use of the proceeds of a qualified mortgage bond issue to refinance a mortgage on a residence originally financed through a qualified subprime loan; (2) raise the ceiling and volume cap imposed upon certain state housing bonds; and (3) exclude from the meaning of tax preference item private activity bonds, for purposes of the alternative minimum tax, qualified mortgage bonds or veterans' mortgage bonds issued after enactment of this Act and before January 1, 2011. Makes FY2008 appropriations for: (1) emergency needs of states and local governmental units to redevelop certain abandoned and foreclosed homes; and (2) the Neighborhood Reinvestment Corporation for foreclosure mitigation activities, including grants for housing counseling. Helping Families Save Their Homes in Bankruptcy Act of 2008 - Authorizes a bankruptcy [...]

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Latest Action: 07/31/2008 - Subcommittee on Financial Institutions and Consumer Credit Discharged.

Bill Text
To amend the Truth in Lending Act to establish fair and transparent practices relating to the extension of credit under an open end consumer credit plan, and for other purposes. 2/7/2008--Introduced. Credit Cardholders' Bill of Rights Act of 2008 - Amends the Truth in Lending Act to prohibit a creditor from using certain adverse information, including information in a consumer report or any change in a consumer's credit score, as the basis for increasing any annual percentage rate (APR) of interest on the consumer's outstanding balance under an open end consumer credit plan, except for actions or omissions of the consumer directly related to such account. (Thus eliminates the universal default for credit already outstanding.) Bars a creditor from changing any term of the contract or agreement of an open end consumer credit plan until contract renewal, except for specific material reasons already contained in the contract or agreement. Requires advance notice [...]

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Latest Action: 06/12/2008 - Subcommittee Hearings Held.

Bill Text
To amend title 38, United States Code, to prohibit the Secretary of Veterans Affairs from collecting certain debts to the United States in the case of veterans who die as a result of a service-connected disability incurred or aggravated on active duty in a combat zone, and for other purposes.

1/29/2008--Introduced.

Combat Veterans Debt Elimination Act of 2008 - Prohibits the Secretary of Veterans Affairs from collecting debts owed to the United States by certain veterans who die as a result of a service-connected disability incurred or aggravated on active duty in a war after the Persian Gulf War or a combat zone after September 11, 2001, if the Secretary determines, in his or her discretion, that the termination of collection is in the best interest of the United States.

Excepts any amounts owed the United States under federal housing and small business loan programs from such prohibition on debt collection.

Latest Action: 02/01/2008 - Referred to the Subcommittee on Disability Assistance and Memorial Affairs.

Bill Text
To amend title 38, United States Code, to prohibit the Secretary of Veterans Affairs from collecting certain debts owed to the United States by members of the Armed Forces and veterans who die as a result of an injury incurred or aggravated on active duty in a combat zone, and for other purposes.

1/28/2008--Introduced.

Combat Veterans Debt Elimination Act of 2008 - Prohibits the Secretary of Veterans Affairs from collecting debts owed to the United States by certain members of the armed forces or veterans who die as a result of an injury incurred or aggravated on active duty in a war or a combat zone after September 11, 2001.

Excepts any amounts owed the United States under federal housing and small business loan programs from such prohibition on debt collection.