US tracker

S. 4097

State-Based Education Loan Awareness Act

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

4 August 2026 | Reported by committee (Health, Education, Labor, and Pensions, with an amendment in the nature of a substitute, without written report)

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

Summary: 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.

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Posted 10 September 2026

As published — the exact text this tracker posted, kept verbatim for the record

S. 4097 | State-Based Education Loan Awareness Act | Sen. Lisa Murkowski (R-AK) | Health, Education, Labor, and Pensions Committee 📅 4 August 2026 | 📋 Reported by committee (Health, Education, Labor, and Pensions, with an amendment in the nature of a substitute, without written report) What's next: Floor scheduling (leadership decides if and when it gets a vote) Summary: 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]

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