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Legislative Progress
Momentum (last 30 days)
0
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0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
77pct
68d open
vs 6,526 other HR bills in the 114th — cohort avg 56d
Letter of Estimated Annual Debt for Students Act of 2016 or the LEADS Act of 2016 This bill amends the Higher Education Act of 1965 by requiring institutions of higher education to provide to each student with education loans for attending the institution an estimate of student loan borrowing costs, including: (1) the cumulative balance of education loans owed by the student, (2) the amount of new education loans expected to be disbursed during the year, (3) the projected cumulative balance of education loans that will be owed by the student after the student graduates, and (4) projected monthly payments to repay the loans. The estimates must be given to students before each academic year succeeding the one for which a loan was first received.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (2)
2016 · fourth_quarter · Education
Issues pertaining to Title IV of the Higher Education Act, and the Higher Education Act Reauthorization; Issues related to student loan servicing and collections; S 3040, Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2017; HR 2363, FAIR Student Credit Act of 2015 - a bill to provide for the removal of default information from a borrowers credit report with respect to certain rehabilitated education loans; S 1309, FAIR Student Credit Act of 2015 - a bill to provide for the removal of default information from a borrowers credit report with respect to certain rehabilitated education loans; HR 3861, Employer Participation in Student Loan Assistance Act - a bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided educational assistance to employer payments of qualified education loans; S 2457, Employer Participation in Repayment Act of 2016 - a bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided education assistance to employer payments of student loans; HR 5962, Streamlining Income-driven, Manageable Payments on Loans for Education (SIMPLE) Act - a bill to amend the Higher Education Act of 1965 to provide for the automatic recertification of income for income-driven repayment plans; HR 5755, Letter of Estimated Annual Debt for Students (LEADS) Act of 2016 - a bill o amend the Higher Education Act of 1965 to require institutions of higher education to provide students with annual estimates of student loan borrowing costs.
Referred to the Subcommittee on Higher Education and Workforce Training.
Referred to the House Committee on Education and the Workforce.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $520,000 · Firm income: Not reported
Government targets: Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Education
All titles of HR 5755, the Estimated Letter of Annual Debt for Students (LEADS) Act of 2016.
Client expense: $70,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Education
Issues pertaining to Title IV of the Higher Education Act, and the Higher Education Act Reauthorization; Issues related to student loan servicing and collections; S 3040, Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2017; HR 2363, FAIR Student Credit Act of 2015 - a bill to provide for the removal of default information from a borrowers credit report with respect to certain rehabilitated education loans; S 1309, FAIR Student Credit Act of 2015 - a bill to provide for the removal of default information from a borrowers credit report with respect to certain rehabilitated education loans; HR 3861, Employer Participation in Student Loan Assistance Act - a bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided educational assistance to employer payments of qualified education loans; S 2457, Employer Participation in Repayment Act of 2016 - a bill to amend the Internal Revenue Code of 1986 to extend the exclusion for employer-provided education assistance to employer payments of student loans; HR 5962, Streamlining Income-driven, Manageable Payments on Loans for Education (SIMPLE) Act - a bill to amend the Higher Education Act of 1965 to provide for the automatic recertification of income for income-driven repayment plans; HR 5755, Letter of Estimated Annual Debt for Students (LEADS) Act of 2016 - a bill o amend the Higher Education Act of 1965 to require institutions of higher education to provide students with annual estimates of student loan borrowing costs.
Client expense: $400,000 · Firm income: Not reported
Government targets: Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE
| Republican |
| IN |
| Martha McSally | Republican | AZ |
| Peter J. Visclosky | Democratic | IN |
| Rodney Davis | Republican | IL |
| Susan W. Brooks | Republican | IN |
| Todd Rokita | Republican | IN |
| Todd Young | Republican | IN |