[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"current-user-roles":3,"user-subscription":3,"bill:119-hr-8475":4},null,{"bill":5,"indexable":145,"summaries":146,"cosponsors":152,"cosponsorSlugs":203,"actions":214,"amendments":231,"amendmentSponsorSlugs":232,"linkages":233,"sponsorSlug":234},{"statusDate":6,"sponsor":7,"cboCostEstimates":16,"originChamber":17,"congress":18,"isByRequest":19,"title":20,"createdAt":21,"committeeReports":22,"onBehalfOfSponsor":3,"adminOverride":3,"amendmentCount":23,"actionCount":24,"popularTitle":3,"laws":3,"billType":25,"subjects":26,"introducedDate":6,"congressGovUrl":27,"constitutionalAuthority":28,"policyArea":29,"deletedAt":3,"latestAction":30,"billNumber":32,"status":33,"keyMilestoneCount":34,"cosponsorCount":35,"cosponsorCountIncludingWithdrawn":35,"policyAreaLower":36,"updateDate":37,"shortTitle":20,"officialTitle":38,"committees":39,"committeeCodes":49,"updatedAt":50,"searchTokens":51},"2026-04-23",{"firstName":8,"lastName":9,"district":10,"fullName":11,"middleName":12,"state":13,"party":14,"bioguideId":15},"Rosa","DeLauro","3","Rep. DeLauro, Rosa L. [D-CT-3]","L.","CT","D","D000216",[],"House",119,false,"Savings Opportunity and Affordable Repayment Act","2026-05-14T04:11:19.482Z",[],0,3,"hr",[],"https:\u002F\u002Fwww.congress.gov\u002Fbill\u002F119th-congress\u002Fhouse-bill\u002F8475","\u003Cpre>\n[Congressional Record Volume 172, Number 72 (Thursday, April 23, 2026)]\n[House]\nFrom the Congressional Record Online through the Government Publishing Office [\u003Ca href=\"https:\u002F\u002Fwww.gpo.gov\">www.gpo.gov\u003C\u002Fa>]\nBy Ms. DeLAURO:\nH.R. 8475.\nCongress has the power to enact this legislation pursuant\nto the following:\nArticle I of the United States Constitution and its\nsubsequent amendments, and further clarified and interpreted\nby the Supreme Court of the United States.\n[Page H3092]\n\u003C\u002Fpre>","Education",{"date":6,"text":31},"Referred to the House Committee on Education and Workforce.",8475,"in_committee",2,10,"education","2026-07-17T23:40:44Z","To amend the Higher Education Act of 1965 to provide for a Savings Opportunity and Affordable Repayment plan as an income contingent repayment plan.",[40],{"name":41,"systemCode":42,"chamber":17,"activities":43,"subcommittees":47,"type":48},"Education and Workforce Committee","hsed00",[44],{"name":45,"date":46},"Referred To","2026-04-23T13:01:50Z",[],"Standing",[42],"2026-07-18T01:48:52.843Z",[52,53,54,55,56,57,58,59,60,61,62,63,64,65,66,67,68,69,70,71,72,73,74,75,76,77,78,79,80,81,82,83,84,85,86,87,88,89,90,91,92,93,94,95,96,97,36,98,99,100,101,102,103,104,105,106,107,108,109,110,111,112,113,114,115,116,117,118,119,120,121,122,123,124,125,126,127,128,129,130,131,132,133,134,135,136,137,138,139,140,141,142,143,144],"savings","sa","sav","savi","savin","saving","opportunity","op","opp","oppo","oppor","opport","opportu","opportun","opportuni","opportunit","and","affordable","af","aff","affo","affor","afford","afforda","affordab","affordabl","repayment","re","rep","repa","repay","repaym","repayme","repaymen","act","to","amend","am","ame","amen","the","higher","hi","hig","high","highe","ed","edu","educ","educa","educat","educati","educatio","of","1965","19","196","provide","pr","pro","prov","provi","provid","for","plan","pl","pla","as","an","income","in","inc","inco","incom","contingent","co","con","cont","conti","contin","conting","continge","contingen","delauro","de","del","dela","delau","delaur","rosa","ro","ros","ct",true,[147],{"versionCode":148,"actionDate":6,"actionDesc":149,"text":150,"updateDate":151},"00","Introduced in House","\u003Cp>\u003Cstrong>Savings Opportunity and Affordable Repayment Act\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>This bill creates a new income-driven repayment plan for student loans called the Savings Opportunity and Affordable Repayment (SOAR) plan. The SOAR plan has similar provisions to, but further expands on, the Department of Education's (ED's) final rule published on July 10, 2023, that created the Saving on a Valuable Education (SAVE) plan. The SAVE plan was blocked by federal courts.\u003C\u002Fp>\u003Cp>The bill directs ED to carry out a SOAR plan program that complies with specified requirements. The bill allows all federal student loan types to be eligible for repayment under the SOAR plan, including Parent PLUS Loans and Federal Family Education Loans.\u003C\u002Fp>\u003Cp>Under the SOAR plan, a federal student loan borrower whose income is at or below 250% of the federal poverty level (FPL) has $0 monthly payments. A borrower whose income is over 250% of the FPL pays 5% of their discretionary income on loans obtained for undergraduate study and 10% of their discretionary income for all other outstanding loans (e.g., loans obtained for graduate study).\u003C\u002Fp>\u003Cp>Additionally, under the SOAR plan, holders of eligible federal student loans (e.g., ED or private lenders) must apply 50% of the borrower's monthly payment toward outstanding principal. The other 50% must be applied in the following order: (1) accrued charges and collection costs on the loan, (2) outstanding interest, and (3) outstanding principal.\u003C\u002Fp>\u003Cp>ED must forgive any loan balance that remains outstanding after a specified maximum repayment period (e.g., 10 years or 15 years).\u003C\u002Fp>","2026-05-18T20:02:29Z",[153,159,165,170,175,179,183,188,193,198],{"bioguideId":154,"fullName":155,"party":14,"state":156,"district":157,"sponsorshipDate":158,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"G000606","Rep. Grijalva, Adelita S. [D-AZ-7]","AZ","7","2026-05-20",{"bioguideId":160,"fullName":161,"party":14,"state":162,"district":163,"sponsorshipDate":164,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"G000599","Rep. Goldman, Daniel S. [D-NY-10]","NY","10","2026-04-27",{"bioguideId":166,"fullName":167,"party":14,"state":168,"district":169,"sponsorshipDate":164,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"C001119","Rep. Craig, Angie [D-MN-2]","MN","2",{"bioguideId":171,"fullName":172,"party":14,"state":173,"district":174,"sponsorshipDate":6,"isOriginalCosponsor":145,"withdrawn":19,"sponsorshipWithdrawnDate":3},"T000488","Rep. Thanedar, Shri [D-MI-13]","MI","13",{"bioguideId":176,"fullName":177,"party":14,"state":178,"district":157,"sponsorshipDate":6,"isOriginalCosponsor":145,"withdrawn":19,"sponsorshipWithdrawnDate":3},"J000298","Rep. Jayapal, Pramila [D-WA-7]","WA",{"bioguideId":180,"fullName":181,"party":14,"state":182,"district":157,"sponsorshipDate":6,"isOriginalCosponsor":145,"withdrawn":19,"sponsorshipWithdrawnDate":3},"V000138","Rep. 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