Bill

Bill > HR3740


US HR3740

US HR3740
Federal Employee Student Debt Transparency Act


summary

Introduced
05/26/2023
In Committee
05/26/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL To amend chapter 131 of title 5, United States Code, to require Senior Executive Service and schedule C employees to disclose Federal student loan debt, and for other purposes.

AI Summary

This bill amends chapter 131 of title 5, United States Code, to require Senior Executive Service (SES) and Schedule C employees of the executive branch to disclose their outstanding federal student loan debt. The bill requires these "covered employees" to file an annual report detailing the principal and interest owed on their federal student loans made under Parts B, D, and E of Title IV of the Higher Education Act. The Director of the Office of Government Ethics must then transmit an annual report to Congress with the total amount owed by all covered employees and the names of any who failed to report the required information.

Committee Categories

Government Affairs

Sponsors (9)

Last Action

Referred to the House Committee on Oversight and Accountability. (on 05/26/2023)

Bill Topics

Government Operations
  • ‐ Executive Branch Operations
  • ‐ Government Ethics and Conflicts of Interest

bill text


bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://www.congress.gov/bill/118th-congress/house-bill/3740/all-info 05/27/2023
BillText https://www.congress.gov/118/bills/hr3740/BILLS-118hr3740ih.pdf 06/20/2023
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