118th Congress · SENATE BILLBILL

S. 1295Federal Employee Student Debt Transparency Act

A bill to amend chapter 131 of title 5, United States Code, to require Senior Executive Service and schedule C employees to disclose Federal student loan debt, and for other purposes.

Government operations and politics
Introduced Apr 26, 2023
Last action Apr 26, 2023
Pipeline · Bill → Law
Step 1
Introduced
Apr 26, 2023
Step 2
Referred
Apr 26, 2023
Homeland Security and Governmental Affairs
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill requires certain executive branch employees to disclose their federal student loan debt in an annual report. The bill's requirement applies to an employee serving in a Senior Executive Service position or a position of a confidential or policy-determining nature (i.e., a Schedule C position). Covered employees must file a report detailing the principal and interest owed on loans under the William D. Ford Federal Direct Loan Program, the Federal Family Education Loan Program, and the Federal Perkins Loan Program.  The bill also requires the Office of Government Ethics to submit an annual report to Congress that contains (1) the total amount owed by all covered employees, and (2) t...

Provisions · 2 sectionsIntroduced in Senate
Timeline · 2 actions
Apr 26, 2023
Introduced in Senate
Apr 26, 2023
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.