HB3461

REPEAL-LOAN DEFAULT ACT

Introduced·2/7/25
Introduced Text

Illinois HB3461 repeals the Educational Loan Default Act.

Illinois HB3461 repeals the Educational Loan Default Act, which governs the handling of student loan defaults. The repeal takes effect immediately upon becoming law.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Rules Committee
Next
Committee decision

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

Calendar

Mar 20, 2025

8:00 AM

Revenue & Finance Committee Hearing

Mar 20, 2025

8:08 AM

Tax Policy: Other Taxes Subcommittee Hearing

History

Mar 21, 2025

House

Rule 19(a) / Re-referred to Rules Committee

Mar 13, 2025

House

To Tax Policy: Other Taxes Subcommittee

Mar 11, 2025

House

Assigned to Revenue & Finance Committee