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HB615

Virginia Student Loan Refinancing Authority; established.

Status:
Killed

Chief Patron:
Cia Price (D)

Session:
2018 Regular Session

Summary

As Introduced. Virginia Student Loan Refinancing Authority; refinancing loan guaranty program.

Establishes the Virginia Student Loan Refinancing Authority (the Authority), to be governed by a 10-member board, for the purpose of developing and implementing a program by which the Authority may guarantee the obligations of an individual who incurred qualified education loan debt as a Virginia student at an institution of higher education in the Commonwealth under loans that refinance such education loan debt. The measure limits eligibility to individuals who have not received, and are not eligible to receive, relief under applicable federal student loan repayment or loan forgiveness programs. The Authority is authorized to issue bonds to finance its obligations under such loan guarantees. (Less)

  • Bill History

  • 01/08/2018 - House: Prefiled and ordered printed; offered 01/10/18 18101845D
  • 01/08/2018 - House: Referred to Committee on Appropriations
  • 01/19/2018 - House: Assigned App. sub: Higher Education
  • 01/29/2018 - House: Subcommittee recommends passing by indefinitely (5-Y 3-N)
  • 02/13/2018 - House: Left in Appropriations

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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