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Bills › 91st General Assembly

Concerning information regarding certain state and federal student loan programs

Topics:Higher education

Same legislation: HF 703

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Also covers HF 703.

What changed before it passed
Official bill pageLobbyist declarationsOne-pager to print

Where it is now

  1. Done: IntroducedFebruary 11, 2025
  2. Done: SubcommitteeFebruary 11, 2025
  3. Done: House committeeFebruary 26, 2025
  4. Skipped: Passes the HouseContinued as HF 703
  5. Next: Senate committee
  6. Next: Passes the Senate
  7. Next: To the Governor
  8. Next: Signed into law

Became HF 703 → Its progress continues under the new number. Go to HF 703 What’s a funnel?

What changed before it passed The bill as introduced compared with the version both chambers passed.

Amendments · 3

1 adopted · 0 failed · 1 never voted on. Newest first.

  • H-8197 · filed March 11, 2026 by
    AI summary This amendment replaces the entire bill with a new set of rules for how the Bureau of Iowa College Aid and the Iowa Student Loan Liquidity Corporation share and use student loan information. It requires the corporation to provide interest rate estimates and comparison charts to the bureau, which must then verify the accuracy of that data with the superintendent of banking. If state loans are found to have lower rates than federal loans, the bureau must post this information online and ensure colleges include it in financial aid offers.
    Never voted on
  • S-5085 · filed March 10, 2026 by Sen. Jeff Taylor (R)
    AI summary This amendment replaces the entire bill with a new process for comparing student loan rates. It requires the Iowa student loan liquidity corporation to provide interest rate estimates and comparison charts to the bureau of Iowa college aid, which must then verify the accuracy of that information with the superintendent of banking. If state loans are found to have lower rates than federal loans, the bureau must post this information online and ensure colleges include it in financial aid offers.
    Adopted
    March 10, 2026
  • H-1041 · filed March 7, 2025 by
    Page 3, after line 30 by inserting: “Sec. ___. NEW SECTION . 261K.6 Limitation on interest rates. On or after the effective date of this Act, the corporation shall not offer a loan with an annual percentage rate over… (2 changes)
    Ruled not germane
    March 10, 2025