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S. 4097

State-Based Education Loan Awareness Act

Health, Education, Labor, and Pensions Committee · Sen. Lisa Murkowski (R-AK)

The bill would exclude state-based education loan programs from regulations that govern "preferred lender arrangements" between colleges and private lenders. This would mean that colleges offering state-based education loans would not have to follow certain disclosure requirements that apply when schools recommend or promote specific lenders' products to their students.[AI-Generated]

Reported by committee 4 August 2026

Record as of 4 August 2026 — the most recent action in the official record. Status can lag; each step below carries its own date.

  1. 4 August 2026 Reported by committee

    What's next: Floor scheduling (leadership decides if and when it gets a vote)

  2. 4 August 2026 Placed on calendar (Senate)
    2 more actions
    1. 30 July 2026 Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.
    2. 19 March 2026 Committee on Health, Education, Labor, and Pensions. Hearings held.
  3. 16 March 2026 Referred to committee
  4. 16 March 2026 Introduced in Senate
This path starts where the bill does — its first action in the official record. Routine procedural steps sit in the “more actions” rows above rather than on the main line.