HR4862Referred to Committee

LOAN Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-08-01
Introduced
24
Cosponsors
HR
ⓘ
Type

Sponsor

Robert C. "Bobby" Scott
Robert C. "Bobby" Scott
Democrat · VA · Representative
Votes with party: 99.1% (552 recorded votes)

Full profile: /officials/S000185

Source: Congress.gov · FEC

Cosponsors (24)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the Committee on Education and Workforce, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

2025-08-01

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

The bill addresses federal student loan policies, though the specific changes are not detailed in the available information. Based on its referral to education and budget committees, it likely proposes modifications to how student loans are managed, repaid, or funded. The changes would affect millions of current and future college students and borrowers managing education debt.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Education
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Related legislation

Bills by the same sponsor or covering overlapping subjects.