5296 -- Student Loan Forgiveness for Farmers and Ranchers Act | Poliscope

Student Loan Forgiveness for Farmers and Ranchers Act

5296

117th Congress

Education

In Committee

Legislative Progress

✓

Introduced

Committee

Floor Vote

Other Chamber

Enacted

Introduced

December 19, 2022

Latest Action

December 19, 2022

Primary Sponsor

Christopher MurphyDemocratic(CT)

Momentum (last 30 days)

score

0 actions · 0 new cosponsors · 0 votes

Speed vs cohort

0pct

0d open

vs 5,357 other S bills in the 117th — cohort avg 38d

Summary

Student Loan Forgiveness for Farmers and Ranchers Act This bill establishes a student loan forgiveness program for certain farmers or ranchers. Specifically, to receive loan forgiveness under this bill, a borrower must (1) make 120 monthly loan payments under a specified repayment plan while employed full-time at a qualified farm or ranch; and (2) fall within certain categories of individuals such as a beginner farmer or rancher, an individual underrepresented in the agricultural profession, or a veteran farmer or rancher.

Actions (2)

December 19, 2022

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

December 19, 2022

Introduced in Senate

Committees

Committee	Chamber	Activity	Date
Health, Education, Labor, and Pensions Committee	Senate	Referred to	December 19, 2022

Text Versions

Version	Date	Links
Introduced in Senate	December 19, 2022	XML

Cosponsors (2)

Name	Party	State
Tammy Baldwin	Democratic	WI
Tina Smith	Democratic	MN

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Sources: Congress.gov