HR8243-118

Introduced

To establish that a State-based education loan program is excluded from certain requirements relating to a preferred lender arrangement.

118th Congress Introduced May 6, 2024

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

This bill, To establish that a State-based education loan program is excluded from certain requirements relating to a preferred lender arrangement., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Education, Environment.

Who Benefits and How

federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HF486B40ADB274C3594F17467F2D8CA37: 1. Short title This Act may be cited as the State-Based Education Loan Awareness Act.
  • Section H59DC86541A6B42D8A400BEA112BEA8DA: 2. State-based education loan programs Section 151 of the Higher Education Act of 1965 (20 U.S.C. 1019) is amended— in paragraph (8)(B)— in clause (i), by...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To establish that a State-based education loan program is excluded from certain requirements relating to a preferred lender arrangement., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Key Policy Areas

Government Operations, Education, Environment

Primary Purpose

This bill, To establish that a State-based education loan program is excluded from certain requirements relating to a preferred lender arrangement., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Policy Domains

Government Operations Education Environment

Whole bill

Identified Gains
  • federal agencies and legislative administrators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal agencies and legislative administrators: ,
Identified Costs
  • federal implementing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,

Legislative Progress

Introduced
Introduced Committee Passed
May 6, 2024

Mr. Sessions introduced the following bill; which was referred to …

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?

Domains
Government Operations Education Environment
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

Key Definitions

Terms defined in this bill

1 term
"State-based education loan program" §H59DC86541A6B42D8A400BEA112BEA8DA

an education loan program that— is provided by a State agency, State authority, or nonprofit organization, separately or jointly

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.

Learn more about our methodology