US Congress Senate Bill 3556 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 20 2020 - 25% progression, died in committee
Action: 2020-03-20 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Pending: Senate Health, Education, Labor, And Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Allows students who graduate from institutions of higher education in 2020 to defer payments on their federal student loans for up to three years. The Department of Education (ED) may extend deferment eligibility to students who graduate in 2021 and 2022, if ED determines that the anticipated economic impact of the coronavirus (i.e., the virus that causes COVID-19 or another coronavirus with pandemic potential) on these graduates necessitates an extension. ED must consider certain factors, such as recent unemployment statistics from the Bureau of Labor Statistics, when determining whether to extend deferment eligibility to these graduates.

COVID-19 Graduate Relief Act

Sen. Mitt Romney [R-UT]

Date	Chamber	Action
2020-03-20	Senate	Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

HB6502 (Same As) 2020-04-14 - Referred to the House Committee on Education and Labor.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/3556/all-info
Text	https://www.congress.gov/116/bills/s3556/BILLS-116s3556is.pdf