S.Amdt. 4508

SA 4508. Mr. BROWN (for himself and Ms. Warren) submitted an
amendment intended to be proposed by him to the bill S. 2943, to
authorize appropriations for fiscal year 2017 for military activities
of the Department of Defense, for military construction, and for
defense activities of the Department of Energy, to prescribe military
personnel strengths for such fiscal year, and for other purposes; which
was ordered to lie on the table; as follows:

At the end of subtitle I of title X, add the following:

SEC. 1097. MAXIMUM RATE OF INTEREST ON DEBTS INCURRED BEFORE
MILITARY SERVICE.

Section 207 of the Servicemembers Civil Relief Act (50
U.S.C. 3937) is amended--
(1) in subsection (a)(1)(A), by inserting ``student loan,''
after ``nature of a mortgage''; and
(2) in subsection (d), by adding at the end the following:
``(3) Student loan.--The term `student loan' means--
``(A) a Federal student loan made, insured, or guaranteed
under title IV of the Higher Education Act of 1965 (20 U.S.C.
1070 et seq.);
``(B) a student loan made pursuant to title VII or VIII of
the Public Health Service Act (42 U.S.C. 292 et seq. and 296
et seq.); or
``(C) a private education loan, as defined in section
140(a) of the Truth in Lending Act (15 U.S.C. 1650(a)).''.
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