Library / Laws / 113th / hr / H.R. 1529 / Introduced in House
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.
.