118th Congress · HOUSE BILLBILL

H.R. 1211Student Loan Accountability Act

To prohibit the mass cancellation of student loans.

Education
Introduced Feb 27, 2023
Last action Mar 10, 2023
Pipeline · Bill → Law
Step 1
Introduced
Feb 27, 2023
Step 2
Referred
Mar 10, 2023
Education and Workforce · E&C
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill generally 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. Covered loans refer to Federal Family Education Loans, Federal Direct Loans, Federal Perkins Loans, and loans under the Health Education Assistance Loan Program. The prohibition does not apply to targeted federal student loan forgiveness, cancellation, or repayment programs that are in effect by final regulation on March 12, 2020, and carried out under the Higher Education Act of 1965.

Provisions · 3 sectionsIntroduced in House
Timeline · 4 actions
Mar 10, 2023
Referred to the Subcommittee on Health.
Feb 27, 2023
Introduced in House
Feb 27, 2023
Referred 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.
Feb 27, 2023
Referred 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.