|HOUSE MEETS AT:||FIRST VOTE PREDICTED:||LAST VOTE PREDICTED:|
|10:00 a.m.: Morning Hour
12:00 p.m.: Legislative Business
Fifteen “One Minutes”
|1:30 – 2:30 p.m.||5:00 – 6:00 p.m.|
|H.Res. 1049 – Rule providing for consideration of both H.R. 1635 – Empowering Students Through Enhanced Financial Counseling Act (Rep. Guthrie – Education and the Workforce) and H.R. 4606 – Ensuring Small Scale LNG Certainty and Access Act (Rep. Johnson (OH) – Energy and Commerce) (One hour of debate). The Rules Committee has recommended one Rule which would provide for consideration of two bills.
For H.R. 1635, the Rules Committee has recommended a structured Rule that provides for one hour of general debate equally divided and controlled by the Chair and Ranking Member of the Committee on Education and the Workforce. The Rule provides for consideration of 7 amendments, debatable for 10 minutes, equally controlled by the proponent and opponent of the amendment. The Rule allows one motion to recommit, with or without instructions, and waives all points of order against the legislation.
For H.R. 4606, the Rules Committee has recommended a structured Rule that provides for one hour of general debate equally divided and controlled by the Chair and Ranking Member of the Committee on Energy and Commerce. The Rule provides for consideration of 2 amendments, debatable for 10 minutes, equally controlled by the proponent and opponent of the amendment. The Rule allows one motion to recommit, with or without instructions, and waives all points of order against the legislation.
The Rules Committee rejected a motion by Mr. McGovern to make in order and provide the necessary waivers to amendment #12, offered by Rep. Lamb of Pennsylvania and Rep. Peters of California, which requires the Department of Education to disaggregate by veteran status when conducting the longitudinal study on the effectiveness of student loan counseling. Members are urged to VOTE NO.
H.R. 1635 – Empowering Students Through Enhanced Financial Counseling Act (Rep. Guthrie – Education and the Workforce) (One hour of debate). The bipartisan legislation promotes greater financial literacy tools for borrowers through enhanced counseling for recipients of student aid so students and their parents can make more informed decisions when planning for higher education.
H.R. 1635 would help borrowers by: (1) providing more comprehensive counseling, including better upfront, ongoing, and exit counseling so borrowers better understand the impacts of their decisions; (2) requiring certain private loan disclosures, including the borrower’s rights as a consumer when taking out these loans; (3) requiring the Secretary of Education to create a consumer tested online counseling program that schools can use to help borrowers better understand what they are taking on; and (4) directing the Institute of Education Sciences to study the impact and effectiveness of the student loan counseling requirements.
These improvements to the financial counseling process are a small but important step towards helping to address the student debt crisis in our country and are included in House Democrats’ Aim Higher Act, a comprehensive reauthorization of the Higher Education Act, which is what we should be considering to help make higher education more affordable and accessible.
The Rule provides for one hour of general debate and provides for consideration of 7 amendments. The amendments are:
Stefanik Amendment. Provides all students with an explanation of how to seek additional assistance from the financial aid office should they experience a change of financial circumstance. Additionally, the amendment would specify that a borrower receives the loan amount they requested.
Murphy (FL) Amendment. Requires institutions of higher education, as part of the annual counseling process mandated by the bill, to inform a student borrower that the loan amounts the student uses during an academic term will count towards the student’s aggregate loan amounts, regardless of whether the credits transfer.
O’Halleran/Bera Amendment. Requires counseling to disclose the anticipated monthly payment to borrowers for any income driven repayment plan for which they are eligible, improving borrowers’ awareness of income-driven repayment plan options.
Lewis (MN) Amendment. Clarifies all payment options for Parent PLUS loans and notifies Parent PLUS borrowers that their dependent may qualify for and should consider scholarships, grants, and federal work study jobs prior to borrowing.
Allen Amendment. Provides that nothing prohibits institutions from providing additional financial counseling.
Hartzler Amendment. Encourages institutions of higher education to have students attend in-person loan counseling sessions
Jayapal Amendment. Adds requirement that student loan exit counseling includes a warning about illegitimate third-party debt relief companies, which offer services for a fee already provided to borrowers free of charge through loan servicers.
Bill Text for H.R. 1635:
Suspensions (3 bills)
The GOP Leadership has announced the following schedule for Thursday, September 6: The House will meet at 12:00 p.m. for legislative business. The House is expected to complete consideration of H.R. 4606 – Ensuring Small Scale LNG Certainty and Access Act (Rep. Johnson (OH) – Energy and Commerce). The House is also expected to consider H.R. 6691 – Community Safety and Security Act of 2018 (Rep. Handel – Judiciary) (Subject to a Rule).
|THE DAILY QUOTE|
|“A majority of Democrats and Republicans want to preserve protections in the Affordable Care Act that make it illegal for insurers to deny coverage to people with pre-existing conditions, according to a new poll. Opening arguments in a lawsuit challenging the constitutionality of the ACA are set to begin in federal court in Texas on Wednesday. Although the lawsuit was brought by 20 Republican state attorneys general, the Kaiser Family Foundation found that 75 percent of Americans don't want those protections reversed. Some 58 percent of Republicans and 86 percent of Democrats want the provision guarding pre-existing conditions to remain intact…”
- CNBC, 9/5/18