H.R. 7424 · 116th Congress
Selected Reserve Education Loan Repayment Program Enhancement Act
- Stage
- In committee
- Sponsor
- Debra Haaland
- Introduced
- 2020-06-30
- Latest action
- 2020-06-30 · Introduced in House
Summary
Selected Reserve Education Loan Repayment Program Enhancement Act
This bill increases, to the greater of 20% or $1000, the maximum amount of certain education loans that the Department of Defense may repay for members of the Selected Reserve under the education loan repayment program. Under current law, the maximum amount is the greater of 15% or $500.