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US SJRes43
US SJRes43A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "Improving Income Driven Repayment for the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan (FFEL) Program".
summary
Introduced
09/05/2023
09/05/2023
In Committee
09/05/2023
09/05/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
JOINT RESOLUTION Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to ‘‘Improving Income Driven Repayment for the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan (FFEL) Program’’.
AI Summary
This Joint Resolution signifies Congress's formal disapproval of a new regulation proposed by the Department of Education aimed at enhancing "Income-Driven Repayment" (IDR) plans for federal student loans. IDR plans are designed to make student loan payments more manageable by basing them on a borrower's income and family size. The resolution specifically targets the rule concerning improvements to IDR for the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan (FFEL) Program, meaning that this particular set of proposed changes to how borrowers repay their student loans based on their income will not be implemented and will have no legal effect. This action is taken under Chapter 8 of Title 5 of the United States Code, which outlines the process for Congress to overturn regulations issued by federal agencies.
Committee Categories
Health and Social Services
Sponsors (37)
Bill Cassidy (R)*,
John Barrasso (R),
Marsha Blackburn (R),
Mike Braun (R),
Ted Budd (R),
Shelley Moore Capito (R),
Susan Collins (R),
John Cornyn (R),
Tom Cotton (R),
Kevin Cramer (R),
Mike Crapo (R),
Steve Daines (R),
Joni Ernst (R),
Deb Fischer (R),
Lindsey Graham (R),
Chuck Grassley (R),
Bill Hagerty (R),
Cindy Hyde-Smith (R),
Ron Johnson (R),
James Lankford (R),
Mike Lee (R),
Cynthia Lummis (R),
Joe Manchin (I),
Roger Marshall (R),
Jerry Moran (R),
Pete Ricketts (R),
Jim Risch (R),
Mitt Romney (R),
Mike Rounds (R),
Marco Rubio (R),
Eric Schmitt (R),
Tim Scott (R),
John Thune (R),
Thom Tillis (R),
Tommy Tuberville (R),
Roger Wicker (R),
Todd Young (R),
Last Action
Failed of passage in Senate by Yea-Nay Vote. 49 - 50. Record Vote Number: 310. (on 11/15/2023)
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/senate-joint-resolution/43/all-info |
| BillText | https://www.congress.gov/118/bills/sjres43/BILLS-118sjres43pcs.pdf |
| BillText | https://www.congress.gov/118/bills/sjres43/BILLS-118sjres43is.pdf |
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