Politiparty
Politiparty

118th Congress Education

H.R. 4742: Pay Back Act

Introduced

  1. Introduced (completed)Jul 19, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jul 19, 2023

Pay Back Act

This bill prohibits the Departments of Education, Justice, or the Treasury from taking any action to cancel or forgive the outstanding balances (or portion of balances) of covered loans or otherwise modify the terms or conditions of covered loans unless expressly authorized by Congress. Covered loans refer to Federal Family Education Loans, Federal Direct Loans, Federal Perkins Loans, and loans under the Health Education Assistance Loan Program.

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

0 offered

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Cosponsors

1

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Other bills by Lisa McClain

History

  1. Jul 19, 2023Introduced in the House by Lisa McClain.
Show the full action history (3 actions)
  1. Jul 21, 2023Referred to the Subcommittee on Health.
  2. Jul 19, 2023Introduced in House
  3. Jul 19, 2023Referred to the Committee on Education and the Workforce, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.