H.R. 6224

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6224 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 6224

To amend the Servicemembers Civil Relief Act to extend the interest 
rate limitation on debt entered into during military service to debt 
incurred during military service to consolidate or refinance student 
loans incurred before military service, and for other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

November 20, 2025

Mrs. Ramirez (for herself, Ms. Bonamici, Mr. Levin, Ms. McClellan, Ms. 
Tlaib, Ms. Salinas, Mr. Horsford, Mr. Davis of Illinois, Ms. Norton, 
and Mr. Garcia of Illinois) introduced the following bill; which was 
referred to the Committee on Veterans' Affairs

_______________________________________________________________________

A BILL

To amend the Servicemembers Civil Relief Act to extend the interest 
rate limitation on debt entered into during military service to debt 
incurred during military service to consolidate or refinance student 
loans incurred before military service, and for other purposes.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Servicemember Student Loan 
Affordability Act of 2025''.

SEC. 2. INTEREST RATE LIMITATION ON DEBT ENTERED INTO DURING MILITARY 
SERVICE TO CONSOLIDATE OR REFINANCE STUDENT LOANS 
INCURRED BEFORE MILITARY SERVICE.

(a) In General.--Subsection (a) of section 207 of the 
Servicemembers Civil Relief Act (50 U.S.C. 3937) is amended--
(1) in paragraph (1), by inserting ``on debt incurred 
before service'' after ``Limitation to 6 percent'';
(2) by redesignating paragraphs (2) and (3) as paragraphs 
(3) and (4), respectively;
(3) by inserting after paragraph (1) the following new 
paragraph (2):
``(2) Limitation to 6 percent on debt incurred during 
military service to consolidate or refinance student loans 
incurred before military service.--
``(A) In general.--Subject to subparagraph (B), an 
obligation or liability bearing interest at a rate in 
excess of 6 percent per year that is incurred by a 
servicemember, or the servicemember and the 
servicemember's spouse jointly, during military service 
to consolidate or refinance one or more student loans 
incurred by the servicemember before such military 
service shall not bear an interest at a rate in excess 
of 6 percent during the period of military service.
``(B) Limitation.--Subparagraph (A) shall apply 
only to the consolidation or refinancing of student 
loans described in such subparagraph and shall not 
apply to the consolidation or refinancing of any other 
obligation or liability.'';
(4) in paragraph (3), as redesignated by paragraph (2) of 
this subsection, by inserting ``or (2)'' after ``paragraph 
(1)''; and
(5) in paragraph (4), as so redesignated, by striking 
``paragraph (2)'' and inserting ``paragraph (3)''.
(b) Implementation of Limitation.--Subsection (b) of such section 
is amended--
(1) in paragraph (1)(A), by striking ``the interest rate 
limitation in subsection (a)'' and inserting ``an interest rate 
limitation in paragraph (1) or (2) of subsection (a)''; and
(2) in paragraph (2)--
(A) in the paragraph heading, by striking 
``effective as of date of order to active duty'' and 
inserting ``effective date''; and
(B) by inserting before the period at the end the 
following: ``in the case of an obligation or liability 
covered by subsection (a)(1), or as of the date the 
servicemember (or servicemember and spouse jointly) 
incurs the obligation or liability concerned under 
subsection (a)(2)''.
(c) Student Loan Defined.--Subsection (d) of such section is 
amended by adding at the end the following new paragraph:
``(3) Student loan.--The term `student loan' means--
``(A) a Federal student loan made, insured, or 
guaranteed under title IV of the Higher Education Act 
of 1965 (20 U.S.C. 1070 et seq.); or
``(B) a private education loan as that term is 
defined in section 140(a) of the Truth in Lending Act 
(15 U.S.C. 1650(a)).''.
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