H.Amdt.840 - An amendment numbered 11 printed in House Report 116-457 to provide up to $10,000 in immediate assistance to pay down the balance of private student loans. Furthermore, when borrower payments resume, the servicer would have to modify the loan to lower the monthly payment by re-amortizing the loan and/or lowering the interest rate.
About This Bill
Passed
Latest Action · July 21, 2020
On agreeing to the Dean amendment (A009) Agreed to by the Yeas and Nays: 217 - 198 (Roll no. 149). (consideration: CR H3602)