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Federal Employee Student Debt Transparency Act

This new law requires high-ranking federal employees to disclose their federal student loan debt. The aim is to increase financial transparency within government administration. Citizens will gain insight into the financial obligations of individuals in key positions.
Key points
High-ranking federal employees (SES and Schedule C) must report their federal student loan debt.
Reports will include full details of principal and interest balances on student loans.
New employees in these positions will also need to file such a disclosure within 60 days of assuming their role.
The Office of Government Ethics will annually provide Congress with aggregate debt data and a list of individuals who failed to report.
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Expired
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Additional Information
Print number: 118_HR_3740
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2023-05-26
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Federal Employee Student Debt Transparency Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_3740.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-05-26.

What are the main provisions?

Key points include:

  • High-ranking federal employees (SES and Schedule C) must report their federal student loan debt.
  • Reports will include full details of principal and interest balances on student loans.
  • New employees in these positions will also need to file such a disclosure within 60 days of assuming their role.
  • The Office of Government Ethics will annually provide Congress with aggregate debt data and a list of individuals who failed to report.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Biggs, Andy [R-AZ-5].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Oversight and Accountability.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Labor Courts and Law Education