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4/10/2008--Introduced.<br/>Emergency Student Loan Market Liquidity Act - Amends the Federal Home Loan Bank Act to allow federal home loan banks to: (1) invest surplus funds in student loan securities; (2) accept student loans and student loan-related securities as collateral; and (3) provide secured long-term advances to member banks so that they can finance the origination of student loans or purchase or finance student loan-related securities. Limits the application of this Act to Federal Family Education Loans (FFELs) made under the Higher Education Act of 1965. Makes the banks' authority effective for investments and advances made between February 1, 2008, and two years after this Act's enactment.<br/>

1207800000 2008-04-10 Fri Nov 07 18:09:53 -0600 2008 introduced 49961 'act':10 'bank':9,16 'bill':2 'fund':20 'home':7,14 'loan':8,15,23,30 'make':26 'allow':12 'amend':4 'feder':6,13 'secur':24 'advanc':27 'financ':31 'invest':18 'purpos':35 'student':22,29 'surplus':19 58182 false official introduced 49961 'act':6 'loan':3 'emerg':1 'liquid':5 'market':4 'student':2 59379 false short introduced 49961 1207800000 Thu Apr 10 00:00:00 -0500 2008 149513 K000148 1943-12-11 26570 218 Russell Senate Office Building http://kerry.senate.gov/contact/email.cfm 202-224-8525 John 'd':4 'ma':5 'sen':1 'john':2,6,8 'kerri':3,7,9 M 300060 Kerry John_Kerry Forbes Sen. John Kerry [D, MA] 12091 N00000245 14507 Democrat 202-224-2742 Roman Catholic MA John Kerry 2.62857142857143 http://kerry.senate.gov/ introduced 49961 1207800000 Thu Apr 10 00:00:00 -0500 2008 149513 action 49961 1207800000 Thu Apr 10 00:00:00 -0500 2008 149514 Sponsor introductory remarks on measure. (CR S2949-2950) action 49961 1207800000 Thu Apr 10 00:00:00 -0500 2008 149515 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.