Federal Employee Student Debt Transparency Act
United States118th CongressHR-3740House of Representatives
Updated: May 26, 2023
Summary
Federal Employee Student Debt Transparency Act This bill requires certain executive branch employees to disclose their federal student loan debt in an annual report. The bill's requirement applies to an employee serving in a Senior Executive Service position or a position of a confidential or policy-determining nature (i.e., a Schedule C position). Covered employees must file a report detailing the principal and interest owed on loans under the William D. Ford Federal Direct Loan Program, the Federal Family Education Loan Program, and the Federal Perkins Loan Program. The bill also requires the Office of Government Ethics to submit an annual report to Congress that contains (1) the total amount owed by all covered employees, and (2) the name of any covered employee who failed to report the required information.
Bill texts
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Timeline
Latest companion bill action
S-1295: Federal Employee Student Debt Transparency ActRead twice and referred to the Committee on Homeland Security and Governmental Affairs.
Introduced in House
Referred to the House Committee on Oversight and Accountability.
House of Representatives
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