VA HB968 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 16-0)
Status: Introduced on January 9 2018 - 25% progression, died in committee
Action: 2018-02-13 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia Student Loan Authority established. Establishes the Virginia Student Loan Authority, to be governed by a 10-member board, for the purpose of developing and implementing a program by which (i) each individual who incurred qualified education loan debt as a Virginia student at a public institution of higher education or private institution of higher education and who is eligible, on the basis of criteria established by the Authority that are substantially similar to criteria used by private lenders in the Commonwealth to evaluate student eligibility for an unsecured personal loan at market rates, may receive a loan from the Authority to refinance all or part of his qualified education loans, as that term is defined in relevant federal law, and (ii) each Virginia student who is eligible, on the basis of criteria established by the Authority that are substantially similar to criteria used by private lenders in the Commonwealth to evaluate student eligibility for an unsecured personal loan at market rates, may receive a direct qualified education loan from the Authority to attend a public institution of higher education or private institution of higher education.

Tracking Information

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Title

Virginia Student Loan Authority; established, report.

Sponsors


Roll Calls

2018-01-29 - House - House: Subcommittee recommends striking from docket (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2018-02-13HouseLeft in Appropriations
2018-01-29HouseSubcommittee recommends striking from docket (8-Y 0-N)
2018-01-19HouseAssigned App. sub: Higher Education
2018-01-09HouseReferred to Committee on Appropriations
2018-01-09HousePrefiled and ordered printed; offered 01/10/18 18100908D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
222905(n/a)See Bill Text
223705.4(n/a)See Bill Text
223711(n/a)See Bill Text
224006(n/a)See Bill Text
231713.1(n/a)See Bill Text
231713.10(n/a)See Bill Text

Virginia State Sources


Bill Comments

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