House Bill 7424
116th Congress(2019-2020)
Selected Reserve Education Loan Repayment Program Enhancement Act
Introduced
Introduced in House on Jun 30, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
7424
Congress
116
Policy Area
Armed Forces and National Security
Armed Forces and National Security
Primary focus of measure is military operations and spending, facilities, procurement and weapons, personnel, intelligence; strategic materials; war and emergency powers; veterans’ issues. Measures concerning alliances and collective security, arms sales and military assistance, or arms control may fall under International Affairs policy area.
No House votes have been held for this bill.
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.
June 30, 2020
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06/30/2020
Referred to the House Committee on Armed Services.
06/30/2020
Introduced in House
Public Record
Record Updated
Feb 8, 2022 11:16:47 PM