Amends the Truth-in-Lending Act to exempt from its requirements any loans made, insured, or guaranteed under a program authorized by title IV of the Higher Education Act of 1965.
Exempts such loans from any disclosure requirements of any State law.
Introduced in Senate
Read twice and referred to the Committee on Banking.
Committee on Banking requested executive comment from Federal Reserve System; Education Department.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line