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House Bill 7424
116th Congress(2019-2020)
Selected Reserve Education Loan Repayment Program Enhancement Act
Introduced
Introduced
Introduced in House on Jun 30, 2020
Overview
Text
Introduced in House 
Jun 30, 2020
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Introduced in House(Jun 30, 2020)
Jun 30, 2020
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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H. R. 7424 (Introduced-in-House)


116th CONGRESS
2d Session
H. R. 7424


To amend title 10, United States Code, to increase the amount which may be paid to members of the Selected Reserve under the education loan repayment program, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

June 30, 2020

Ms. Haaland (for herself, Mrs. Bustos, and Mr. Palazzo) introduced the following bill; which was referred to the Committee on Armed Services

A BILL

To amend title 10, United States Code, to increase the amount which may be paid to members of the Selected Reserve under the education loan repayment program, and for other purposes.

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 “Selected Reserve Education Loan Repayment Program Enhancement Act”.

SEC. 2. Modification of education loan repayment program for members of Selected Reserve.

(a) Modification of maximum repayment amount.—Section 16301(b) of title 10, United States Code, is amended by striking “15 percent or $500” and inserting “20 percent or $1,000”.

(b) Effective date and applicability.—The amendment made by subsection (a) shall take effect on the date of the enactment of this Act and shall apply with respect to loan repayment under section 16301 of title 10, United States Code, for eligible years of service completed on or after the date of the enactment of this Act.