Text: H.R.4223 — 114th Congress (2015-2016)All Information (Except Text)

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Introduced in House (12/10/2015)


114th CONGRESS
1st Session
H. R. 4223


To amend the Higher Education Act of 1965 to reinstate the authority of the Secretary of Education to make Federal Direct Stafford Loans to graduate and professional students.


IN THE HOUSE OF REPRESENTATIVES

December 10, 2015

Ms. Judy Chu of California (for herself, Ms. Lee, Ms. Kuster, Mr. Lowenthal, Mr. Honda, Mr. Takano, Ms. Titus, Mr. McDermott, Mr. Garamendi, Ms. Eddie Bernice Johnson of Texas, Mrs. Capps, Mrs. Napolitano, and Mr. David Scott of Georgia) 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 reinstate the authority of the Secretary of Education to make Federal Direct Stafford Loans to graduate and professional students.

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 “Protecting Our Students by Terminating Graduate Rates that Add to Debt Act” or the “POST GRAD Act”.

SEC. 2. Reinstatement of authority to make Federal Direct Stafford Loans to graduate and professional students.

Section 455(a)(3) of the Higher Education Act of 1965 (20 U.S.C. 1087e(a)(3)) is amended—

(1) in the paragraph heading, by inserting “Temporary” before “Termination”; and

(2) in subparagraph (A), in the matter preceding clause (i), by inserting “, and ending on or before June 30, 2016” after “2012”.

SEC. 3. Inapplicability of rulemaking requirements.

Sections 482(c) and 492 of the Higher Education Act of 1965 (20 U.S.C. 1089(c); 1098a) shall not apply to the regulations under this Act.