US HB3547 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on June 27 2019 - 25% progression, died in committee
Action: 2019-06-27 - Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, 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.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 27 2019 - 25% progression, died in committee
Action: 2019-06-27 - Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, 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.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Establishes the Office for Students and Young Consumers within the Consumer Financial Protection Bureau and eliminates the position of Private Education Loan Ombudsman. Currently, the Private Education Loan Ombudsman provides assistance to borrowers of private education loans. The Office for Students and Young Consumers must provide assistance to borrowers of private or federal student loans and enter into an information-sharing agreement with the Department of Education. The office must also report annually regarding campus banking and the student loan marketplace.
Title
Students and Young Consumers Empowerment Act
Sponsors
| Rep. Suzanne Bonamici [D-OR] | Rep. Suzanne Bonamici [D-OR] | Rep. Katie Porter [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-06-27 | House | Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, 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. |
| 2019-06-27 | House | Referred to the Committee on Education and Labor, and in addition to the Committee on Financial Services, 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. |
| 2019-06-27 | House | Introduced in House |
Subjects
Congressional oversight
Consumer affairs
Consumer credit
Consumer Financial Protection Bureau
Executive agency funding and structure
Finance and financial sector
Financial literacy
Government employee pay, benefits, personnel management
Government information and archives
Government lending and loan guarantees
Government studies and investigations
Higher education
Intergovernmental relations
Student aid and college costs
Consumer affairs
Consumer credit
Consumer Financial Protection Bureau
Executive agency funding and structure
Finance and financial sector
Financial literacy
Government employee pay, benefits, personnel management
Government information and archives
Government lending and loan guarantees
Government studies and investigations
Higher education
Intergovernmental relations
Student aid and college costs
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/3547/all-info |
| Text | https://www.congress.gov/116/bills/hr3547/BILLS-116hr3547ih.pdf |
