H.R. 2859 · 113th Congress
To amend the Servicemembers Civil Relief Act to extend the interest rate limitation on debt entered into during military service to debt incurred during military service to consolidate or refinance student loans incurred before military service.
- Stage
- In committee
- Sponsor
- Tammy Duckworth
- Introduced
- 2013-07-30
- Latest action
- 2013-08-13 · Referred to the Subcommittee on Economic Opportunity.
Summary
Amends the Servicemembers Civil Relief Act to extend the 6% interest rate limitation on debt entered into during a servicemember's military service to any debt entered into to consolidate or refinance one or more student loans incurred before such service.