119th Congress
S. 5388: Student Loan Forgiveness for Farmers and Ranchers Act
A bill to establish a student loan forgiveness plan for certain borrowers who are employed at a qualified farm or ranch.
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill establishes a student loan forgiveness program for certain farmers or ranchers.
Specifically, to receive loan forgiveness under this bill, a borrower must (1) make 120 monthly loan payments under a specified repayment plan while employed full-time at a qualified farm or ranch; and (2) fall within certain categories of individuals such as a beginner farmer or rancher, an individual underrepresented in the agricultural profession, or a veteran farmer or rancher.
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
- Tammy Baldwin D-WIOriginal
- Tina Smith D-MNOriginal
Who scored on this bill
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Other bills by Christopher Murphy
History
- Introduced in the Senate by Christopher Murphy.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Health, Education, Labor, and Pensions.