S.Amdt. 6109
What it does: Adds SEC. 1064. ANNUAL REPORTS ON THE AUGUST 2022 LOAN CANCELLATION EFFORT AND READINESS at the end of subtitle F of title X
Sen. John Thune (R-SD)What it changes
1 change to S.Amdt. 5499 · shown in S.Amdt. 5499's text
Adds SEC. 1064. ANNUAL REPORTS ON THE AUGUST 2022 LOAN CANCELLATION EFFORT AND READINESS at the end of subtitle F of title X
Adds a sectionIn S.Amdt. 5499 as proposed
(2) in paragraph (3), by striking "180 days after" and inserting "one year after".
Inserted: SEC. 1064. ANNUAL REPORTS ON THE AUGUST 2022 LOAN CANCELLATION EFFORT AND READINESS.
Inserted: (a) Definitions.--In this section:
Inserted: (1) Appropriate committees.--The term "appropriate committees" means--
Inserted: (A) the Committee on Armed Services, Committee on Banking, and Committee on Health, Education, Labor, and Pensions of the Senate; and
Inserted: (B) the Committee on Armed Services, the Committee on Financial Services, and the Committee on Education and Labor of the House of Representatives.
Inserted: (2) Federal student loan.--The term "Federal student loan" means a loan made, insured, or guaranteed under title IV of the Higher Education Act of 1965 (20 U.S.C. 1070 et seq.).
Inserted: (3) August 2022 loan cancellation effort.--The term "August 2022 loan cancellation effort"--
Inserted: (A) means the decision made on August 24, 2022, to provide loan cancellation under section 2 of the Higher Education Relief Opportunities for Students Act of 2003 (20 U.S.C. 1098bb) for certain Federal student loan borrowers; and
Inserted: (B) excludes any targeted Federal student loan forgiveness, cancellation, or repayment programs carried out under the Higher Education Act of 1965 (20 U.S.C. 1001 et seq.), under final regulations as in effect on May 11, 2022.
Inserted: (b) Annual Report on Federal Student Loan Forgiveness and Readiness.--
Inserted: (1) In general.--Not later than 180 days after the date of enactment of this Act and annually thereafter for the following 4 years, the Undersecretary of Defense for Personnel and Readiness shall submit to the appropriate committees a report on the effect of the Secretary of Education's August 2022 loan cancellation effort.
Inserted: (2) Contents.--A report required under paragraph (1) shall include--
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Inserted: (A) data and analysis with respect to the Secretary of Education's August 2022 loan cancellation effort and its effect on--
Inserted: (i) recruitment;
Inserted: (ii) retention; and
Inserted: (iii) readiness; and
Inserted: (B) in the case of the first report required under paragraph (1), an estimate on the total number of military personnel and veterans who have received, or are eligible for, loan cancellation under the Secretary of Education's August 2022 loan cancellation effort.
Original wording
At the end of subtitle F of title X, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 6109. Mr. THUNE submitted an amendment intended to be proposed to amendment SA 5499 submitted by Mr. Reed (for himself and Mr. Inhofe) and intended to be proposed to the bill H.R. 7900, to authorize appropriations for fiscal year 2023 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 F of title X, insert the following:
SEC. 1064. ANNUAL REPORTS ON THE AUGUST 2022 LOAN CANCELLATION EFFORT AND READINESS.
(a) Definitions.--In this section:
(1) Appropriate committees.--The term “appropriate committees” means--
(A) the Committee on Armed Services, Committee on Banking, and Committee on Health, Education, Labor, and Pensions of the Senate; and
(B) the Committee on Armed Services, the Committee on Financial Services, and the Committee on Education and Labor of the House of Representatives.
(2) Federal student loan.--The term “Federal student loan” means a loan made, insured, or guaranteed under title IV of the Higher Education Act of 1965 (20 U.S.C. 1070 et seq.).
(3) August 2022 loan cancellation effort.--The term “August 2022 loan cancellation effort”--
(A) means the decision made on August 24, 2022, to provide loan cancellation under section 2 of the Higher Education Relief Opportunities for Students Act of 2003 (20 U.S.C. 1098bb) for certain Federal student loan borrowers; and
(B) excludes any targeted Federal student loan forgiveness, cancellation, or repayment programs carried out under the Higher Education Act of 1965 (20 U.S.C. 1001 et seq.), under final regulations as in effect on May 11, 2022.
(b) Annual Report on Federal Student Loan Forgiveness and Readiness.--
(1) In general.--Not later than 180 days after the date of enactment of this Act and annually thereafter for the following 4 years, the Undersecretary of Defense for Personnel and Readiness shall submit to the appropriate committees a report on the effect of the Secretary of Education's August 2022 loan cancellation effort.
(2) Contents.--A report required under paragraph (1) shall include--
(A) data and analysis with respect to the Secretary of Education's August 2022 loan cancellation effort and its effect on--
(i) recruitment;
(ii) retention; and
(iii) readiness; and
(B) in the case of the first report required under paragraph (1), an estimate on the total number of military personnel and veterans who have received, or are eligible for, loan cancellation under the Secretary of Education's August 2022 loan cancellation effort.
Legislative Activity
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Senate amendment submitted
September 29, 2022