A bill to amend the Higher Education Act of 1965 to extend the reduced interest rate for Federal Direct Stafford Loans, and for other purposes.
Stop the Student Loan Interest Rate Hike Act of 2012 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2013.
Amends the Internal Revenue Code and title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to require certain shareholders of a subchapter S corporation engaged as a partner in a professional service business to include income or loss attributable to such business in their net earnings from self-employment for employment tax purposes.
Restricts such tax treatment to shareholders whose modified adjusted gross income exceeds a specified amount that varies based on their tax filing status.
Defines a "professional service business" as any trade or business providing services in the fields of health, law, lobbying, engineering, architecture, accounting, actuarial science, performing arts, consulting, athletics, investment advice or management, or brokerage services.
Referred to the Subcommittee on Higher Education and Workforce Training.
Referred to the House Committee on Ways and Means.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 393.
Referred to the Subcommittee on Higher Education and Workforce Training.
Referred to the Subcommittee on Higher Education and Workforce Training.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced in the Senate. Read twice. Ordered Placed on Senate Legislative Calendar under General Orders. Calendar No. 370.
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Introduced in Senate
Introduced in the Senate. Read twice. Ordered Placed on Senate Legislative Calendar under General Orders. Calendar No. 365. (text of measure as introduced: CR S2657-2658)
Motion to proceed to consideration of measure made in Senate. (consideration: CR S2799-2807)
Cloture motion on the motion to proceed to the measure presented in Senate. (consideration: CR S2799; text: CR S2799)
Motion to proceed to measure considered in Senate. (consideration: CR S2892-2906)
Motion to proceed to measure considered in Senate. (consideration: CR S2935-2944, H2944-2959)
Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 52 - 45. Record Vote Number: 89. (consideration: CR H2944; text: CR H2944)
Roll Call #89 (Senate)Motion by Senator Reid to reconsider the vote by which cloture was not invoked on the motion to proceed to the measure (Roll Call Vote No. 89) entered in Senate.
Motion to proceed to consideration of measure made in Senate. (consideration: CR S2989-3035)
Motion to proceed to consideration of measure made in Senate. (consideration: CR S3158)
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Motion to proceed to consideration of measure made in Senate. (consideration: CR S3181-3182)
Motion by Senator Reid to reconsider the vote by which cloture was not invoked on the motion to proceed to the measure (Roll Call Vote No. 89) withdrawn in Senate by Unanimous Consent.
Motion to proceed to consideration of measure agreed to in Senate. (consideration: CR S3609)
Measure laid before Senate by unanimous consent. (consideration: CR S3609-3611, S3611-3612)
Failed of passage/not agreed to in Senate: Under the order of 5/23/12, not having achieved 60 votes in the affirmative, failed of passage in Senate by Yea-Nay Vote. 51 - 43. Record Vote Number: 113.
Roll Call #113 (Senate)Under the order of 5/23/12, not having achieved 60 votes in the affirmative, failed of passage in Senate by Yea-Nay Vote. 51 - 43. Record Vote Number: 113.
Roll Call #113 (Senate)Returned to the Calendar. Calendar No. 365.