House bill · 119th Congress · Latest step: Introduced
Lowering Student Loans Act
Official title: To amend the Higher Education Act of 1965 to set interest rates for Federal student loans made on or after July 1, 2026, at 2 percent, and for other purposes.
Open in Bill Explorer →Where it went
- IntroducedMar 4, 2026
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Mar 4, 2026 — Referred to the House Committee on Education and Workforce.
Cost and committee reports
Official records Congress.gov attaches to H.R. 7810.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. THOMPSON of California, as printed in the Congressional Record (Vol. 172, No. 41, March 4, 2026, Page H2421):Article 1, Section 8, Clause 18Source: Congress.gov, Congressional Record March 4, 2026 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 31 characters
- Congress.gov bill record
- H.R. 7810, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/7810
- Record last updated by Congress.gov
- April 10, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
cda03c9df6893afe67f86c03cf0cde067f6e35ecb8986ba902fa245530416bf0
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of April 10, 2026). Not every bill gets one.
From the Congress.gov bill record for H.R. 7810, last updated April 10, 2026. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
2 cosponsors — 1 Republican, 1 Democrat
1 of 2 cosponsors (50%) are from the other party.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Mike Thompson.
- H.R. 4206 (119th) CONNECT for Health Act of 2025
- H.R. 18 (119th) Bipartisan Background Checks Act of 2025
- H.R. 5862 (119th) American Energy Independence and Affordability Act
- H.R. 9489 (119th) GRACE for Military Survivors Act
- H.R. 1105 (119th) Disaster Resiliency and Coverage Act of 2025
- H.R. 8910 (119th) SLUSH FUND Act of 2026
Sponsor’s state and district
Data as of Sep 13, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.