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Key Votes

HR 4628 - Extending Student Loan Interest Rates - Key Vote

National Key Votes

Bob Goodlatte voted Yea (Passage) on this Legislation.

Read statements Bob Goodlatte made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Bill Passed (House) (215-195) - (Key vote)

Title: Extending Student Loan Interest Rates

Vote Smart's Synopsis:

Vote to pass a bill that extends current interest rates for undergraduate student loans until July 1, 2013.

Highlights:
  • Extends the following interest rates for Federal Direct Stafford Loans made to undergraduates from July 1, 2012 to July 1, 2013 (Sec. 2):
    • 6.8 percent on the unpaid principal balance of the loan if the first disbursement is made on or after July 1, 2006 but before July 1, 2008;
    • 6 percent on the unpaid principal balance of the loan if the first disbursement is made on or after July 1, 2008 but before July 1, 2009;
    • 5.6 percent on the unpaid principal balance of the loan if the first disbursement is made on or after July 1, 2009 but before July 1, 2010;
    • 4.5 percent on the unpaid principal balance of the loan if the first disbursement is made on or after July 1, 2010 but before July 1, 2011; and
    • 3.4 percent on the unpaid principal balance of the loan if the first disbursement is made on or after July 1, 2011 but before July 1, 2012.
  • Repeals the Prevention and Public Health Fund established by the Patient Protection and Affordable Care Act and rescinds all unspent funds appropriated to the Prevention and Public Health Fund (Sec. 3).
Legislation - Introduced (House) -

Title: Extending Student Loan Interest Rates

Sponsors

  • Judy Biggert (IL - R) (Out Of Office)
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