A bill to amend the Higher Education Act of 1965 to extend the current reduced interest rate for undergraduate Federal Direct Stafford Loans for 1 year, to modify required distribution rules for pension plans, and for other purposes.
Keep Student Loans Affordable Act of 2013 - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to extend the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2013, to Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2014.
Amends the Internal Revenue Code to modify rules for required distributions from tax-exempt pension plans to an employee who dies before such employee's entire interest is distributed to require such interest to be distributed within five years after the death of such employee, subject to exceptions for an eligible designated beneficiary and surviving spouse of such employee. Defines "eligible designated beneficiary" to include a disabled or chronically-ill individual. Exempts from such modification a binding annuity contract in effect on the enactment date of this Act.
Sponsor introductory remarks on measure. (CR E1800-1801)
Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S5317, S5476)
Introduced in the Senate. Read twice. Ordered Placed on Senate Legislative Calendar under General Orders. Calendar No. 124.
Motion to proceed to consideration of measure made in Senate. (consideration: CR S5513-5514)
Cloture motion on the motion to proceed to measure presented in Senate. (consideration: CR S5522-5524; text: CR S5522)
Motion to proceed to consideration of measure made in Senate. (consideration: CR S5531-5537, S5543-5564)
Motion to proceed to consideration of measure made in Senate. (consideration: CR S5584-5602, S5603-5615)
Cloture on the motion to proceed to measure not invoked in Senate by Yea-Nay Vote. 51 - 49. Record Vote Number: 171. (consideration: CR S5595; text: CR S5595)
Roll Call #171 (Senate)Motion by Senator Reid to reconsider the vote by which cloture was not invoked on the motion to proceed to the measure (Record Vote No. 171) made in Senate. (consideration: CR S5595)
Motion to proceed to consideration of measure made in Senate. (consideration: CR S5625-5628)
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Motion to proceed to consideration of measure made in Senate. (consideration: CR S5675)
Motion to proceed to measure considered in Senate. (consideration: CR S5691)
Motion to proceed to consideration of measure made in Senate. (consideration: CR S5717-5718)