Student Loan Interest Elimination Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill expands a loan guarantee provision: 1. Short title; table of contents This Act may be cited as the Student Loan Interest Elimination Act. The table of contents for this Act is as follows:, creates introduces a neutral technical change provision: 101. Program authority Section 451(a) of the Higher Education Act of 1965 (20 U.S.C. 1087a(a)) is amended— by striking There are hereby made available, and requires loosens a loan guarantee, reporting req, compliance mandate provision: 102. It relies on loan guarantees, reporting requirements, compliance mandates, and appropriations. The main policy areas are Education and Healthcare.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Expands a loan guarantee provision: 1. Short title; table of contents This Act may be cited as the Student Loan Interest Elimination Act. The table of contents for this Act is as follows:.
- Creates introduces a neutral technical change provision: 101. Program authority Section 451(a) of the Higher Education Act of 1965 (20 U.S.C. 1087a(a)) is amended— by striking There are hereby made available...
- Requires loosens a loan guarantee, reporting req, compliance mandate provision: 102.
- Requires loosens a loan guarantee, reporting req, compliance mandate provision: 460A.
- Adds or tightens a compliance mandate provision: 201. Applicable rates of interest for loans made on or after July 1, 2026 Section 455(b)(8) of the Higher Education Act of 1965 (20 U.S.C. 1087e(b)(8)) is amended— in...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill expands a loan guarantee provision: 1. Short title; table of contents This Act may be cited as the Student Loan Interest Elimination Act. The table of contents for this Act is as follows:, creates introduces a neutral technical change provision: 101. Program authority Section 451(a) of the Higher Education Act of 1965 (20 U.S.C. 1087a(a)) is amended— by striking There are hereby made available, and requires loosens a loan guarantee, reporting req, compliance mandate provision: 102.
Key Policy Areas
Education, Healthcare
Primary Purpose
The bill expands a loan guarantee provision: 1. Short title; table of contents This Act may be cited as the Student Loan Interest Elimination Act. The table of contents for this Act is as follows:, creates introduces a neutral technical change provision: 101. Program authority Section 451(a) of the Higher Education Act of 1965 (20 U.S.C. 1087a(a)) is amended— by striking There are hereby made available, and requires loosens a loan guarantee, reporting req, compliance mandate provision: 102.
Policy Domains
Sponsors
Legislative Progress
In CommitteeReferred to the Committee on Education and Workforce, and in …
Introduced in House
Mr. Courtney (for himself and Ms. Norton) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_treasury"
- → Secretary of the Treasury
- "secretary_of_education"
- → Secretary of Education
Key Definitions
Terms defined in this bill
a loan— made, insured, or guaranteed under part B, and which is not held by the Secretary
a loan— made, insured, or guaranteed under part B, and which is not held by the Secretary
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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