News Column

Rep. Peters Introduces Bill to Modify Grace Period Prior to Repayment Period for Certain Federal Direct Loans

August 8, 2014

by MERLY LAPIG Targeted News Service

WASHINGTON, Aug. 8 -- Rep. Scott Peters, D-Calif., has introduced legislation (H.R. 5399) to "modify the grace period prior to the repayment period for certain Federal direct loans and to exclude from Federal income taxation certain employer-provided student loan assistance."

The bill was introduced on Aug. 1 and was co-sponsored by Rep. Juan C. Vargas, D-Calif.

The legislation was referred to the House Ways and Means Committee and the House Education and the Workforce Committee.

The full text of the bill is available from the Library of Congress Thomas legislative website. To access the bill, go to For more information about congressional legislation and services offered by Targeted News Service to track issues, key words or members of Congress who introduce or co-sponsor legislation, please contact or call 703/304-1897.

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Source: Targeted News Service

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