Title: Federal Employee Student Debt Transparency Act
Policy area: Government Operations and Politics

Summary:
Federal Employee Student Debt Transparency Act
This bill requires (1) Senior Executive Service and Schedule C federal employees to annually disclose any federal student loan debt, and (2) the Office of Government Ethics to annually report the total amount owed by such employees and any employees who failed to comply with the bill's requirements.

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8283 Introduced in House (IH)]

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117th CONGRESS
  2d Session
                                H. R. 8283

    To amend the Ethics in Government Act of 1978 to require Senior 
Executive Service and schedule C employees to disclose Federal student 
                   loan debt, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              July 5, 2022

   Mr. Budd introduced the following bill; which was referred to the 
                   Committee on Oversight and Reform

_______________________________________________________________________

                                 A BILL


 
    To amend the Ethics in Government Act of 1978 to require Senior 
Executive Service and schedule C employees to disclose Federal student 
                   loan debt, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Federal Employee Student Debt 
Transparency Act''.

SEC. 2. DISCLOSURE OF FEDERAL STUDENT LOAN DEBT BY SES AND SCHEDULE C 
              EMPLOYEES.

    Section 102 of the Ethics in Government Act of 1978 (5 U.S.C. App. 
101 et seq.) is amended by adding at the end the following:
    ``(j)(1) Not later than 60 days after the date of enactment of the 
Federal Employee Student Debt Transparency Act, and not later than 
February 28 of each year thereafter, a covered employee shall file a 
report containing a full and complete statement of the outstanding 
balance of principal and interest owed by such employee on--
            ``(A) each loan made under part D of title IV of the Higher 
        Education Act of 1965 (20 U.S.C. 1071 et seq.); and
            ``(B) any loan made, insured, or guaranteed under part B or 
        E of such Act.
    ``(2) Within 60 days of assuming the position of a covered 
employee, an individual shall file a report containing the information 
required under paragraph (1).
    ``(3) Not later than May 1 of each year, the Director of the Office 
of Government Ethics shall transmit to Congress a report containing--
            ``(A) the total amount owed by all covered employees as 
        disclosed under paragraph (1); and
            ``(B) the name of any covered employee who failed to file 
        or report any information required to be reported under such 
        paragraph.
    ``(4) In this subsection, the term `covered employee' means any 
employee of the executive branch who occupies--
            ``(A) a Senior Executive Service position (as that term is 
        defined in section 3132(a) of title 5, United States Code); or
            ``(B) a position of a confidential or policy-determining 
        character under schedule C of subpart C of part 213 of title 5, 
        Code of Federal Regulations.''.
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