A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to "Improving Income Driven Repayment for the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan (FFEL) Program".

Bill: 118-sjres-43
Sponsor: full_name: Sen. Cassidy, Bill [R-LA]
Introduced: 2023-09-05
Policy area: Education
Subjects: Administrative law and regulatory procedures

Department of Education

Government lending and loan guarantees

Higher education

Student aid and college costs
Latest action: action_date: 2023-11-15
text: Failed of passage in Senate by Yea-Nay Vote. 49 - 50. Record Vote Number: 310.

Summaries:
action_date: 2023-09-05
action_desc: Introduced in Senate
text: <p>This joint resolution nullifies the final rule submitted by the Department of Education titled <i>Improving Income Driven Repayment for the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan (FFEL) Program</i> and published on July 10, 2023. The rule creates a new income-driven repayment plan called the Saving on a Valuable Education (SAVE) plan.</p>

tv_txt: IIA Calendar No. 244 118th CONGRESS 1st Session S. J. RES. 43 IN THE SENATE OF THE UNITED STATES September 5, 2023 Mr. Cassidy (for himself, Mr. Thune , Mr. Cornyn , Mr. Barrasso , Mr. Braun , Mr. Budd , Mrs. Capito , Mr. Crapo , Mr. Daines , Ms. Ernst , Mr. Grassley , Mrs. Hyde-Smith , Mr. Johnson , Mr. Lankford , Ms. Lummis , Mr. Marshall , Mr. Risch , Mr. Romney , Mr. Scott of South Carolina , Mr. Tillis , Mr. Tuberville , Mrs. Blackburn , Mr. Moran , Mr. Rubio , Mr. Wicker , Ms. Collins , Mr. Rounds , Mr. Lee , Mr. Graham , Mr. Schmitt , Mr. Cramer , Mr. Ricketts , Mr. Young , Mr. Cotton , Mr. Hagerty , Mrs. Fischer , and Mr. Manchin ) introduced the following joint resolution; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions November 14 (legislative day, November 13), 2023 Committee discharged by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendar JOINT RESOLUTION Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to Improving Income Driven Repayment for the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan (FFEL) Program .

That Congress disapproves the rule submitted by the Department of Education relating to Improving Income Driven Repayment for the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan (FFEL) Program (88 Fed. Reg. 43820 (July 10, 2023)), and such rule shall have no force or effect.

November 14 (legislative day, November 13), 2023 Committee discharged by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendar

tv_txt: IIA 118th CONGRESS 1st Session S. J. RES. 43 IN THE SENATE OF THE UNITED STATES September 5, 2023 Mr. Cassidy (for himself, Mr. Thune , and Mr. Cornyn ) introduced the following joint resolution; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions JOINT RESOLUTION Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Education relating to Improving Income Driven Repayment for the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan (FFEL) Program .

That Congress disapproves the rule submitted by the Department of Education relating to Improving Income Driven Repayment for the William D. Ford Federal Direct Loan Program and the Federal Family Education Loan (FFEL) Program (88 Fed. Reg. 43820 (July 10, 2023)), and such rule shall have no force or effect.