VA HB400 | 2016 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 20-1)
Status: Introduced on January 6 2016 - 25% progression, died in committee
Action: 2016-02-02 - Continued to 2017 in Commerce and Labor by voice vote
Pending: House Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia Student Loan Refinancing Authority established. Establishes the Virginia Student Loan Refinancing Authority, to be governed by a 10-member board, for the purpose of developing and implementing a program by which each individual who incurred qualified education loan debt as a Virginia student at an institution of higher education in the Commonwealth and who is eligible, on the basis of criteria established by the Authority that are substantially similar to criteria used by private lenders in the Commonwealth to evaluate student eligibility for an unsecured personal loan at market rates, may receive a loan from the Authority to refinance all or part of his qualified education loans, as that term is defined in relevant federal law.

Tracking Information

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Title

Virginia Student Loan Refinancing Authority established.

Sponsors


History

DateChamberAction
2016-02-02HouseContinued to 2017 in Commerce and Labor by voice vote
2016-01-28HouseSubcommittee recommends continuing to 2017 by voice vote
2016-01-21HouseAssigned C & L sub: Subcommittee #2
2016-01-06HouseReferred to Committee on Commerce and Labor
2016-01-06HousePrefiled and ordered printed; offered 01/13/16 16100304D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
222905(n/a)See Bill Text
223705.4(n/a)See Bill Text
223711(n/a)See Bill Text
224006(n/a)See Bill Text

Virginia State Sources


Bill Comments

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