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HOUSE 4742118th CongressReferred to the Subcommittee on Health.

Pay Back Act

Last Action
7/21/2023

Actions

  • 2023-07-21Referred to the Subcommittee on Health.
  • 2023-07-19Referred 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.
  • 2023-07-19Referred 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.
  • 2023-07-19Introduced in House
  • 2023-07-19Introduced in House

CRS Summary

As of 2023-07-19 (00)

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.

Cosponsors (1)

  • DARRELL ISSA (R-CA)

Subjects

  • Government lending and loan guarantees
  • Higher education
  • Student aid and college costs
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.