US Congress House Bill 4851 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on October 23 2019 - 25% progression, died in committee
Action: 2019-10-23 - Referred to the House Committee on Education and Labor.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]

Establishes a state-directed program of loan repayment credits to replace the public service loan forgiveness program. Specifically, the bill provides each state with an annual allotment of loan repayment credits, and it tasks states with determining the occupations for which a borrower shall be able to receive such credits (i.e., occupations that fill state-specific workforce and public service needs). Upon a determination that a borrower has met certain requirements, the Department of Education shall cancel an amount of the borrower's outstanding balance on their federal student loans that is equal to the amount of credits allocated to the borrower by their state under this program.

State Workforce Incentive Act

Rep. Elise Stefanik [R-NY]

Rep. Fred Keller [R-PA]

Rep. Glenn Thompson [R-PA]

Date	Chamber	Action
2019-10-23	House	Referred to the House Committee on Education and Labor.
2019-10-23	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/4851/all-info
Text	https://www.congress.gov/116/bills/hr4851/BILLS-116hr4851ih.pdf