H.R.4816 - Stop the Rate Hike Act of 2012

To amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans, and for other purposes. view all titles (2)

All Bill Titles

  • Official: To amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans, and for other purposes. as introduced.
  • Short: Stop the Rate Hike Act of 2012 as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
04/25/12
 
 
 
 
 
 
 

Sponsor

Representative

John Tierney

D-MA

View Co-Sponsors (68)

Official Summary

Stop the Rate Hike Act of 2012 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disbu

Official Summary

Stop the Rate Hike Act of 2012 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2013. Amends the Internal Revenue Code to deny the major integrated oil companies the tax deduction for income attributable to the domestic production of oil and gas.

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