HRES1386Referred to Committee
Providing for the consideration of the bill (H.R. 2003) to amend the Higher Education Act of 1965 to lower the interest rate on Federal student loans to 2 percent.
Introduced
In Committee
3
Passed One Chamber4
Passed Both5
Signed into Law119th
Congress
2026-06-24
Introduced
1
Cosponsors
HRES
ⓘType
Sponsor
Anna Paulina Luna
Republican · FL · Representative
Votes with party: 92.1% (519 recorded votes)
Top industries funding sponsor:
- Conservative Groups$324k
- Finance & Banking$309k
Full profile: /officials/L000596
Source: Congress.gov · FEC
Cosponsors (1)
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 →
Committee Activity
Currently in
- House Committee on RulesReferred To · 2026-06-24
Plain-English Summary
This bill would reduce the interest rate on federal student loans from their current rates down to 2 percent, making it cheaper for borrowers to repay their loans over time. The change would primarily benefit college students and recent graduates who have taken out federal loans to pay for their education. The bill is currently being reviewed by the House Committee on Rules to determine whether it should be debated and voted on by the full House.
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.
Full Bill Text
Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.
[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H. Res. 1386 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. RES. 1386 Providing for the consideration of the bill (H.R. 2003) to amend the Higher Education Act of 1965 to lower the interest rate on Federal student loans to 2 percent. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 24, 2026 Mrs. Luna (for herself and Mr. Moskowitz) submitted the following resolution; which was referred to the Committee on Rules _______________________________________________________________________ RESOLUTION Providing for the consideration of the bill (H.R. 2003) to amend the Higher Education Act of 1965 to lower the interest rate on Federal student loans to 2 percent. Resolved, That immediately upon adoption of this resolution, the House shall proceed to the consideration in the House of the bill (H.R. 2003) to amend the Higher Education Act of 1965 to lower the interest rate on Federal student loans to 2 percent. All points of order against consideration of the bill are waived. The bill shall be considered as read. All points of order against provisions in the bill are waived. The previous question shall be considered as ordered on the bill and on any amendment thereto to final passage without intervening motion except: (1) one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Education and Workforce or their respective designees; and (2) one motion to recommit. Sec. 2. Clause 1(c) of rule XIX shall not apply to the consideration of H.R. 2003. <all>
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