HR 3425 · 95th Congress · Armed Forces and National Security

A bill to amend section 1798 of title 38, United States Code, in order to reduce the rates of interest charged for educational loans under such section.

Introduced 1977-02-09· Sponsored by Rep. Long, Clarence D. [D-MD-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Veterans' Affairs.(1977-02-09)

Plain Language Summary

[AI summary unavailable — showing source text] Provides that educational loans made by the Veterans' Administration to eligible veterans and other persons shall not bear interest in excess of three percent, and that no interest shall accrue before the beginning date of repayment.…

Summarized by Claude AI · Non-partisan · For informational purposes only