PlainBillCongress, translated.Legislation. Context. Public interest.Became Public Law No: 107-139.
Congressional Research Service
Version 00 · Introduced in Senate · Dec 4, 2001
Amends of the Higher Education Act of 1965 (HEA) to set fixed interest rates for new loans to students or parents on or after July 1, 2006. Extends current interest rate provisions for loans with a first disbursement (or a consolidation loan application received) before such date. Extends provisions for special allowances for lenders, but limits payment of special allowances for PLUS loans on or after such date.
People & committees
Sen. Johnson, Tim [D-SD] · D–SD
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Became Public Law No: 107-139.
Became Public Law No: 107-139.
Signed by President.
Signed by President.
Presented to President.
Presented to President.
Motion to reconsider laid on the table Agreed to without objection.
On passage Passed by the Yeas and Nays: 372 - 3 (Roll no. 4). (text: CR H43)
House roll call 4 · Individual votesPassed/agreed to in House: On passage Passed by the Yeas and Nays: 372 - 3 (Roll no. 4).(text: CR H43)
House roll call 4 · Individual votesThe previous question was ordered pursuant to the rule.
DEBATE - The House proceeded with one hour of debate on S. 1762.
Rule provides for consideration of S. 1762 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions. Measure will be considered read. Bill is closed to amendments. One motion to commit is in order, if offered.
Considered under the provisions of rule H. Res. 334. (consideration: CR H43-48)
Rule H. Res. 334 passed House.
Rules Committee Resolution H. Res. 334 Reported to House. Rule provides for consideration of S. 1762 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions. Measure will be considered read. Bill is closed to amendments. One motion to commit is in order, if offered.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill Failed by recorded vote (2/3 required): 257 - 148 (Roll no. 512). (text: CR 12/19/2001 H10887-10888)
House roll call 512 · Individual votesFailed of passage/not agreed to in House: On motion to suspend the rules and pass the bill Failed by recorded vote (2/3 required): 257 - 148 (Roll no. 512).(text: CR 12/19/2001 H10887-10888)
House roll call 512 · Individual votesConsidered as unfinished business. (consideration: CR H10937-10938)
At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Miller, George objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.
DEBATE - The House proceeded with forty minutes of debate on S. 1762.
Considered under suspension of the rules. (consideration: CR 12/19/2001 H10887-10891)
Mr. Boehner moved to suspend the rules and pass the bill.
Held at the desk.
Received in the House.
Message on Senate action sent to the House.
Passed Senate without amendment by Unanimous Consent. (consideration: CR S13310-13311; text as passed Senate: CR S13310-13311)
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S13310-13311; text as passed Senate: CR S13310-13311)
Placed on Senate Legislative Calendar under General Orders. Calendar No. 277.
Committee on Health, Education, Labor, and Pensions. Reported by Senator Kennedy without amendment. Without written report.
Committee on Health, Education, Labor, and Pensions. Reported by Senator Kennedy without amendment. Without written report.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced in Senate
Primary sources
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Source last updated: Apr 21, 2025. Consult Congress.gov for the current record.
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Analyze S.1762 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
Examine S.1762 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.
Examine S.1762 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.
Examine S.1762 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.