Bill > HR66

This bill, known as the "Federal Employee Student Debt Transparency Act", requires employees in two specific categories of federal government positions - Senior Executive Service (SES) and Schedule C employees - to disclose their federal student loan debt. Specifically, these "covered employees" must file annual reports detailing the outstanding balance of principal and interest on federal student loans, including loans made under parts B, D, and E of the Higher Education Act. New employees in these positions must submit their first report within 60 days of assuming their role, and all covered employees must file their annual reports by February 28th each year. The Director of the Office of Government Ethics will then compile and submit a report to Congress by May 1st annually, which will include the total amount of student loan debt owed by all covered employees and identify any employees who failed to file their required reports. The goal appears to be increasing transparency about student loan obligations among high-level federal government employees.

Government Affairs

https://www.congress.gov/bill/119th-congress/house-bill/66/all-info