legislation: 109-hr-6084
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
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| 109-hr-6084 | 109 | hr | 6084 | Income-Dependent Education Assistance Act of 2006 | Education | 2006-09-14 | 2006-11-02 | Referred to the Subcommittee on 21st Century Competitiveness. | House | Rep. Petri, Thomas E. [R-WI-6] | WI | R | P000265 | 1 | Income-Dependent Education Assistance Act of 2006 - Directs the Secretary of Education to conduct a direct income-dependent education assistance (IDEA) loan program, from July 1, 2007, through July 1, 2013, under which student borrowers of Federal Family Education Loans (FFEL) or Direct Loans (DL), under parts B and D of title IV of the Higher Education Act of 1965, may elect to convert or consolidate such loans to direct IDEA loans. Provides that when a student defaults on a loan under the FFEL or DL programs and it is repaid or canceled by the Secretary, it is thereby converted to a direct IDEA loan. Amends the Internal Revenue Code to collect IDEA loan repayments through the income tax withholding system. | 2023-01-12T17:52:19Z |