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H.R. 4661: Parent PLUS Loan Improvement Act of 2016

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H.R. 4661: Parent PLUS Loan Improvement Act of 2016

114th Congress · introduced 2016-03-02 · Education · Latest: Referred to the Subcommittee on Higher Education and Workforce Training.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2016-03-02 · official record
  2. Who proposed it: Rep. Fudge, Marcia L. [D-OH-11] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on Higher Education and Workforce Training. Not final yet: this can still change. We check for updates every day.
  5. 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

Parent PLUS Loan Improvement Act of 2016

Plain summary

Parent PLUS Loan Improvement Act of 2016 This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to modify the applicable terms and conditions with respect to Federal Direct PLUS Loans to parent borrowers (i.e., parent PLUS loans). Specifically, it reduces the interest rate and eliminates the origination fee for a parent PLUS loan disbursed on or after July 1, 2016. The Department of Education must ensure, prior to disbursement, that a parent PLUS loan borrower receives counseling that includes comprehensive information on the terms, conditions, and responsibilities with respect to the loan. The bill makes a parent PLUS loan eligible for the income-contingent and income-based repayment plans. Additionally, it makes a consolidation loan that repays parent PLUS loan eligible for the income-based repayment plan.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Parent PLUS Loan Improvement Act of 2016

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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Alternatives

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

Officials and money

Sponsor: Rep. Fudge, Marcia L. [D-OH-11] · 9 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Stacey E. Plaskett (D-VI), Frederica S. Wilson (D-FL), Marc A. Veasey (D-TX), Mike Thompson (D-CA), Joe Courtney (D-CT), Mark Takano (D-CA)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong114-hr4661 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114