S. 1003 — 113th Congress
Comprehensive Student Loan Protection Act
Sponsor
Latest action
Jun 6, 2013Cloture on the motion to proceed to measure not invoked in Senate by Yea-Nay Vote. 40 - 57. Record Vote Number: 142. (consideration: CR S3976-3977; text: CR S3977)
CRS summary
As of May 21, 2013Introduced in Senate
Comprehensive Student Loan Protection Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to set the interest rate on Direct Loans, for any 12-month period beginning on July 1 and ending on June 30, at the bond equivalent rate of 10-year Treasury bills auctioned at the final auction held prior to such June 1, plus 3%.
Makes: (1) that formula applicable to Direct Loans first disbursed on or after July 1, 2013, and (2) the rate set on such loans applicable for the life of the loans.
Requires any savings to the federal government that result from this Act's amendment to be used for deficit reduction.
Congressional Research Service, via api.congress.gov (public domain)
Roll-call votes
1 on recordJun 6, 2013 · On the Cloture Motion
Full roll call2 of 99 recorded votes are not yet matched to a member profile.
Yea — 40: 39 R · 1 D
Nay — 57: 47 D · 5 R · 3 I
Not Voting — 2: 1 D · 1 R
| Member | State |
|---|---|
| Claire McCaskill | MO |
| Daniel Coats | IN |
Member pages currently show roll-call votes from the 119th Congress only. The “Member pages” column marks votes from that congress.