VA HB2462 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 20 2023 - 25% progression, died in committee
Action: 2023-02-07 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Certain student loans; default; institutional liability. Requires the State Council of Higher Education for Virginia to develop procedures for (i) identifying each individual who has defaulted on any loan agreement that he entered into in order to finance all or any portion of the cost of tuition or mandatory fees to attend the baccalaureate public institution of higher education at which he earned his degree within five years of earning such degree and (ii) determining which such loan defaults qualify for repayment by the baccalaureate public institution of higher education at which the individual earned his degree. The bill requires any individual determined pursuant to such procedures developed by the Council to have a qualifying loan default to be repaid by the baccalaureate public institution of higher education at which he earned his degree a sum sufficient to cover 50 percent of the original principal amount of the loan.

Tracking Information

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Title

Student loans, certain; default, institutional liability.

Sponsors


Roll Calls

2023-02-01 - House - House: Subcommittee recommends laying on the table (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2023-01-30 - House - House: Reported from Education (13-Y 9-N) (Y: 13 N: 9 NV: 0 Abs: 0) [PASS]
2023-01-30 - House - House: Subcommittee recommends reporting (6-Y 4-N) (Y: 6 N: 4 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2023-02-07HouseLeft in Appropriations
2023-02-01HouseSubcommittee recommends laying on the table (8-Y 0-N)
2023-01-31HouseAssigned App. sub: Higher Education
2023-01-30HouseReferred to Committee on Appropriations
2023-01-30HouseReported from Education (13-Y 9-N)
2023-01-30HouseSubcommittee recommends referring to Committee on Appropriations
2023-01-30HouseSubcommittee recommends reporting (6-Y 4-N)
2023-01-26HouseAssigned Education sub: Higher Education
2023-01-20HouseReferred to Committee on Education
2023-01-20HousePresented and ordered printed 23104145D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
231611.2(n/a)See Bill Text

Virginia State Sources


Bill Comments

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