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Federal Employee Student Debt Transparency Act

USA118th CongressS-1295| Senate 
| Updated: 4/26/2023
Ted Budd

Ted Budd

Republican Senator

North Carolina

Cosponsors (2)
Mike Braun (Republican)Roger Marshall (Republican)

Homeland Security and Governmental Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Apr 26, 2023
Introduced in Senate
Apr 26, 2023
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
May 26, 2023

Latest Companion Bill Action

HR 118-3740
Introduced in House
  • April 26, 2023
    Introduced in Senate


  • April 26, 2023
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.


  • May 26, 2023

    Latest Companion Bill Action

    HR 118-3740
    Introduced in House

Government Operations and Politics

Related Bills

  • HR 118-3740: Federal Employee Student Debt Transparency Act
Congressional oversightGovernment employee pay, benefits, personnel managementGovernment information and archivesGovernment lending and loan guaranteesHigher educationStudent aid and college costs

Federal Employee Student Debt Transparency Act

USA118th CongressS-1295| Senate 
| Updated: 4/26/2023
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 26, 2023
Introduced in Senate
Apr 26, 2023
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
May 26, 2023

Latest Companion Bill Action

HR 118-3740
Introduced in House
  • April 26, 2023
    Introduced in Senate


  • April 26, 2023
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.


  • May 26, 2023

    Latest Companion Bill Action

    HR 118-3740
    Introduced in House
Ted Budd

Ted Budd

Republican Senator

North Carolina

Cosponsors (2)
Mike Braun (Republican)Roger Marshall (Republican)

Homeland Security and Governmental Affairs Committee

Government Operations and Politics

Related Bills

  • HR 118-3740: Federal Employee Student Debt Transparency Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Congressional oversightGovernment employee pay, benefits, personnel managementGovernment information and archivesGovernment lending and loan guaranteesHigher educationStudent aid and college costs