H.R. 1429: LEADS Act of 2017
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H.R. 1429: LEADS Act of 2017
115th Congress · introduced 2017-03-08 · Education · Latest: Referred to the House Committee on Education and the Workforce.
federal
Follow this bill, step by step
- Where it came from: introduced 2017-03-08 · official record
- Who proposed it: Rep. Messer, Luke [R-IN-6] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Referred to the House Committee on Education and the Workforce. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
LEADS Act of 2017
Plain summary
Letter of Estimated Annual Debt for Students Act of 2017 or the LEADS Act of 2017 This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require an institution of higher education that participates in federal student aid programs to provide an annual estimate of borrowing costs to each enrolled student who receives an education loan. The cost estimate must include the student's cumulative education loan balance, projected monthly payment amount, and interest rate on each loan.
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)
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The strongest published arguments
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Messer, Luke [R-IN-6] · 9 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Elise M. Stefanik (R-NY), André Carson (D-IN), Brian K. Fitzpatrick (R-PA)
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 (2)
- 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).
- CBO cost estimate
- The Congressional Budget Office's estimate of how a federal bill would change government spending and revenue. CBO is nonpartisan.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-115hr1429.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/115/hr>
Record fed-us-cong115-hr1429 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115