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Senate bill · 119th Congress · Latest step: Introduced

Student Loan Tax Elimination Act

S. 3538Introduced Dec 17, 2025Policy area: Education

Official title: A bill to amend the Higher Education Act of 1965 to eliminate origination fees on Federal Direct loans.

Sponsor: Sen. Jim Banks R-IN
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Where it went

Latest action: Dec 17, 2025 — Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

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

4 cosponsors — 4 Democrats

4 of 4 cosponsors (100%) are from the other party.

Tammy Baldwin (D-WI), Cory Booker (D-NJ), Timothy Kaine (D-VA), Chris Van Hollen (D-MD).

More from the sponsor

Other 119th Congress bills sponsored by Sen. Jim Banks.

Related bills

Relationships as recorded by Congress.gov.

Sponsor’s state and district

Indiana in Congress

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Data as of Sep 26, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.