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2017 House Bill 1440: Establishing a student loan bill of rights
Introduced by Rep. Monica Jurado Stonier (Vancouver) (D) on January 19, 2017
Referred to the House Higher Education Committee on January 19, 2017
Substitute offered in the House on February 14, 2017
Creates the Student Education Loan Ombuds to receive, review, and provide assistance to student education loan borrowers who file complaints. Requires student education loan servicers (servicers) to obtain a license from the Department of Financial Institutions (DFI) to operate in the state, and permits the DFI to establish fees.
Referred to the House Appropriations Committee on February 16, 2017
Substitute offered in the House on February 24, 2017
Adds to the student loan borrower education course established by the Ombuds information on how a borrower can find employment and earnings outcomes for their field of study.
Referred to the House Rules Committee on February 28, 2017
Amendment offered by Rep. Monica Jurado Stonier (Vancouver) (D) on March 1, 2017
Changes the definition of "student education loan servicer" or "service a student education loan" to mirror the Consumer Financial Protection Bureau's definition.
The amendment passed by voice vote in the House on March 1, 2017
Received in the Senate on March 6, 2017
Referred to the Senate Higher Education Committee on March 6, 2017
Referred to the House Rules Committee on April 23, 2017
Received in the House on April 24, 2017
Received in the Senate on May 5, 2017
Referred to the Senate Higher Education Committee on May 5, 2017