US SR46 | 2021-2022 | 117th Congress

Status

Spectrum: Strong Partisan Bill (Democrat 17-1)
Status: Introduced on February 8 2021 - 25% progression
Action: 2021-02-08 - Referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S582-583)
Pending: Senate Health, Education, Labor, And Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

This resolution calls on the President to take executive action to cancel up to $50,000 in federal student loan debt for borrowers. Further, it encourages the President to (1) ensure that borrowers have no tax liability from the debt cancellation, (2) ensure that the debt cancellation helps close racial wealth gaps, and (3) pause student loan payments and interest accumulation on federal student loans for the duration of the COVID-19 (i.e., coronavirus disease 2019) pandemic.

Tracking Information

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Title

A resolution calling on the President of the United States to take executive action to broadly cancel Federal student loan debt.

Sponsors


History

DateChamberAction
2021-02-08SenateReferred to the Committee on Health, Education, Labor, and Pensions. (text: CR S582-583)

Same As/Similar To

HR100 (Same As) 2021-02-04 - Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, 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.

Subjects


US Congress State Sources


Bill Comments

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