119th Congress Education
H.R. 937: Protecting Taxpayers from Student Loan Bailouts Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill limits the authority of the Department of Education (ED) to propose or issue regulations and executive actions related to federal student aid programs.
The bill prohibits ED from issuing such a proposed rule, final regulation, or executive action if ED determines that the rule, regulation, or action (1) is economically significant, and (2) would result in an increase in a subsidy cost. Economically significant refers to a regulation or executive action that is likely to (1) have an annual effect on the economy of $100 million or more; or (2) adversely affect in a material way the economy, a sector of the economy, productivity, competition, jobs, the environment, public health or safety, or state, local, or tribal governments or communities.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Dusty Johnson R-SDOriginal
- Jefferson Van Drew R-NJ
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History
- Introduced in the House by Glenn Grothman.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Education and Workforce.