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H.R. 1529 — Introduced in House

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I 113th CONGRESS 1st Session H. R. 1529 IN THE HOUSE OF REPRESENTATIVES April 12, 2013 Mr. Castro of Texas (for himself and Mr. Hinojosa) introduced the following bill; which was referred to the Committee on Education and the Workforce A BILL To amend the Higher Education Act of 1965 to exempt certain State-provided loan programs from being subject to preferred lender arrangement requirements. 1. Short title This Act may be cited as the Student Aid Expansion Act of 2013. 2. Exemption of certain State-provided loan programs from preferred lender arrangement requirements Section 151(8)(B) of the Higher Education Act of 1965 (20 U.S.C. 1019(8)(B)) is amended— (1) in clause (i), by striking or at the end; (2) in clause (ii), by striking the period and inserting ; or; and (3) by adding at the end the following new clause: (iii) arrangements or agreements with respect to interest-free private education loans that are provided and administered by a State and that are eligible for complete forgiveness under conditions determined by such State. .