Senate bill · S. 4097 (119th Congress)
State-Based Education Loan Awareness Act
U.S. Senate
Sponsor: Lisa Murkowski (U.S. Senator for Alaska, Republican)
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From Congress.gov and official rosters. This record was last updated Sep 8, 2026. About our data
Summary
State-Based Education Loan Awareness Act This bill excludes certain arrangements or agreements regarding education loans from the definition of a preferred lender arrangement . A preferred lender arrangement is an arrangement or agreement between a lender and an institution of higher education (IHE) that receives federal funding or assistance (1) under which a lender issues education loans to students attending the IHE; and (2) that relates to the IHE recommending, promoting, or endorsing the education loan products of the lender. The bill provides that arrangements or agreements made under a state-based education loan program do not meet the definition of a preferred lender agreement for purposes of certain required disclosures to student borrowers.
Summary from the Congressional Research Service. How we handle summaries
Where it stands
Out of committee and scheduled for a vote by the full chamber.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Senate Committee on Health, Education, Labor, and Pensions · U.S. Senate
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Cosponsors
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Read on Congress.gov (opens in a new tab)- Republican4
- Democratic2
This bill has cosponsors from more than one party.
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Full history
- Aug 4, 2026
Reported out of committee
Committee on Health, Education, Labor, and Pensions. Reported by Senator Cassidy with an amendment in the nature of a substitute. Without written report.
- Aug 4, 2026
Reported out of committee
Committee on Health, Education, Labor, and Pensions. Reported by Senator Cassidy with an amendment in the nature of a substitute. Without written report.
- Aug 4, 2026
Placed on Senate Legislative Calendar Under General Orders. Calendar No. 539.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 539.
U.S. Senate
- Jul 30, 2026
In committee
Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.
U.S. Senate
- Jul 30, 2026
Reported out of committee
Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.
Show full history (9 earlier events)Show less history
- Jul 30, 2026
Reported out of committee
Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.
- Jul 30, 2026
Reported out of committee
Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.
- Mar 19, 2026
Hearing held
Committee on Health, Education, Labor, and Pensions. Hearings held.
- Mar 19, 2026
Hearing held
Committee on Health, Education, Labor, and Pensions. Hearings held.
- Mar 19, 2026
Hearing held
Committee on Health, Education, Labor, and Pensions. Hearings held.
- Mar 16, 2026
Introduced
Introduced in U.S. Senate
U.S. Senate
- Mar 16, 2026
Referred to committee
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
- Mar 16, 2026
Referred to committee
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
- Mar 16, 2026
Referred to committee
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.