CONGRESS FOR VOTERS

DemocratAmendment · S.Amdt. 2636· Senate(119-SAMDT-2636)

S.Amdt. 2636

Rep. Reed
Age: 77 years
Rhode Island
Introduced
6/30/2025
Sponsored by
John Reed
Cosponsors
None
Changes bill
119-HR-1 — One Big Beautiful Bill Act
  1. Introduced
  2. Pending Consideration
  3. Failed

What this amendment would do

  • The amendment was submitted by Mr. Reed to the bill H.R. 1.

  • It aims to change section 82002 by adding a new part about Eliminating Interest Accrual During Certain Federal Student Loan Deferments.

  • Specifically, it changes the Higher Education Act of 1965 so that interest shall not accrue on certain loans during specific federal student loan deferments and certain 6-month periods of deferment for Federal Direct PLUS Loans for parent borrowers and graduate or professional student borrowers.

  • The changes only apply to loans made on or after the date of enactment of the Act, meaning it shall not apply to any loan made prior to that date.