SERVICE Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 10477 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 10477 To amend the Higher Education Act of 1965 to improve the Public Service Loan Forgiveness program and reduce interest rates. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 18, 2024 Mr. Courtney (for himself, Mr. Sarbanes, and Mr. DeSaulnier) introduced the following bill; which was referred to the Committee on Education and the Workforce _______________________________________________________________________ A BILL To amend the Higher Education Act of 1965 to improve the Public Service Loan Forgiveness program and reduce interest rates. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Strengthening Efforts for Relief and Vital Incentives for Community Service and Engagement Act'' or the ``SERVICE Act''. SEC. 2. AMENDMENTS TO TERMS AND CONDITIONS OF PUBLIC SERVICE LOAN FORGIVENESS. (a) Number of Monthly Payments.--Paragraph (1) of secti…