H.R. 1911: Bipartisan Student Loan Certainty Act of 2013

113th Congress · introduced 2013-05-09 · Education · Latest: Became Public Law No: 113-28.

federal

Follow this bill, step by step

Where it came from: introduced 2013-05-09 · official record
Who proposed it: Rep. Kline, John [R-MN-2] · what a sponsor is
What happened next: 6 recorded votes in our records. Latest: House roll call 426 (2013): On Motion to Suspend the Rules and Concur in the Senate Amendment, HR1911 (2013-07-31), Passed. See all
Where it stands now: Became Public Law No: 113-28. (final step reached)
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Bipartisan Student Loan Certainty Act of 2013

Plain summary

Bipartisan Student Loan Certainty Act of 2013 - (Sec. 2) Amends title IV (Student Assistance) of the Higher Education Act of 1965 (HEA) to set the annual interest rate on Direct Stafford loans and Direct Unsubsidized Stafford loans issued to undergraduate students at the rate on high-yield 10-year Treasury notes plus 2.05%, but caps that rate at 8.25%. Sets the annual interest rate on Direct Unsubsidized Stafford loans issued to graduate or professional students at the rate on high-yield 10-year Treasury notes plus 3.6%, but caps that rate at 9.5%. Sets the annual interest rate on Direct PLUS loans at the rate on high-yield 10-year Treasury notes plus 4.6%, but caps that rate at 10.5%. Limits the applicability of the preceding provisions to loans first disbursed on or after July 1, 2013. Fixes the interest rate on Direct Stafford loans, Direct Unsubsidized Stafford loans, and Direct PLUS loans for the period of the loan. Sets the annual interest rate on Direct Consolidation loans for which an application is received on or after July 1, 2013, at the weighted average of the interest rates on the loans consolidated, rounded to the nearest higher one-eighth of 1%. (Sec. 3) Provides that the budgetary effects of this Act shall not be entered on specified PAYGO scorecards. (Sec. 4) Directs the Comptroller General (GAO) to conduct a study and report to Congress on the actual cost to the federal government of carrying out the federal student loan programs authorized under title IV of the HEA.

Congressional Research Service summary (Public Law), quoted unchanged (nonpartisan). Read the source.

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A “Nay” vote

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What does this mean? (plain words)

Official text

Bipartisan Student Loan Certainty Act of 2013

Source: Congressional Research Service summary (Public Law)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Kline, John [R-MN-2] · 5 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Virginia Foxx (R-NC), Glenn Thompson (R-PA)

Recorded votes

House roll call 182 (2013): On Motion to Recommit with Instructions, HR1911 (2013-05-23): Failed
House roll call 183 (2013): On Passage, HR1911 (2013-05-23): Passed
Senate vote 183 (2013): On the Amendment, HR1911 (2013-07-24): Amendment Rejected
Senate vote 184 (2013): On the Amendment, HR1911 (2013-07-24): Amendment Rejected
Senate vote 185 (2013): On Passage of the Bill, HR1911 (2013-07-24): Bill Passed
House roll call 426 (2013): On Motion to Suspend the Rules and Concur in the Senate Amendment, HR1911 (2013-07-31): Passed

Words on this page, explained (1)

Authorization: A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Public Law)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-113hr1911.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/113/hr>

Record fed-us-cong113-hr1911 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113