[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 10226 Introduced in House (IH)]
<DOC>
118th CONGRESS
2d Session
H. R. 10226
To amend the Higher Education Act of 1965 to ensure that members of the
reserve components of the Armed Forces who perform duty other than
active duty for a period of more than 30 days receive appropriate
credit toward public service loan forgiveness, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
November 21, 2024
Mr. Magaziner (for himself and Mr. Kelly of Mississippi) 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 ensure that members of the
reserve components of the Armed Forces who perform duty other than
active duty for a period of more than 30 days receive appropriate
credit toward public service loan forgiveness, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``National Guard and Reserve Student
Loan Fairness Act''.
SEC. 2. SPECIAL RULE FOR MEMBERS OF THE RESERVE COMPONENTS OF THE ARMED
FORCES PERFORMING CERTAIN DUTY.
Section 455(m) of the Higher Education Act of 1965 (20 U.S.C.
1087e(m)) is amended by adding at the end the following:
``(5) Special rule for a member of the reserve components
of the armed forces performing certain duty.--
``(A) Calculation of qualifying payments based on
months served.--With respect to a borrower who is a
member of a reserve component of an Armed Force, the
Secretary shall deem a month of covered duty (as
calculated under subparagraph (B)) to be a month for
which a qualifying payment was made under paragraph (1)
if--
``(i) except as provided in subparagraph
(D)(ii), for each month of such covered duty
(as so calculated), during the year in which
such month occurred, the borrower made a
corresponding monthly payment on an eligible
Federal Direct Loan; and
``(ii) such corresponding monthly payment--
``(I) met the requirements of
paragraph (1); or
``(II) in the case of a borrower
not employed full-time in a public
service job at the time the payment was
made, such payment would have met the
requirements of paragraph (1) had the
borrower been employed full-time in a
public service job at the time of such
payment.
``(B) Calculation of months of covered duty.--
Except as provided in subparagraph (C), the number of
months that a borrower described in subparagraph (A)
shall be considered to have performed covered duty in a
year for purposes of subparagraph (A) shall be equal
to--
``(i) the number days the member performed
covered duty in such year, divided by
``(ii) twenty; and
``(iii) rounded to the nearest whole
number.
``(C) Minimum period.--A borrower described in
subparagraph (A) who performed covered duty for a total
period of less than 10 days in a year may not receive
credit for a qualifying monthly payment under this
paragraph.
``(D) No annual cap on number of qualifying
payments credited to a borrower.--
``(i) In general.--A borrower described in
subparagraph (A) may receive credit for more
than 12 qualifying monthly payments in a year
if each such payment qualifies to be counted
under this paragraph or paragraph (1).
``(ii) Exception to requirement for
corresponding monthly payment.--The requirement
for a borrower to make a corresponding payment
for each month credited as qualifying payment
under this paragraph, as described in clauses
(i) and (ii) of subparagraph (A), shall not
apply to any qualifying payment in excess of
the twelfth payment credited to a borrower for
a year.
``(E) Definitions.--In this paragraph:
``(i) The term `covered duty' means any
Federal or State duty (including inactive duty
training, active duty training, and active
duty) performed by a member of a reserve
component of an Armed Force, except such term
does not include active duty for a period of
more than 30 days.
``(ii) The terms `Armed Force' and `active
duty for a period of more than 30 days' have
the meanings given those terms in section 101
of title 10, United States Code.''.
<all>