# 116-hr-7424: Selected Reserve Education Loan Repayment Program Enhancement Act

116-hr-7424, Selected Reserve Education Loan Repayment Program Enhancement Act, is a 116th Congress bill sponsored by Rep. Haaland, Debra A. [D-NM-1] (D-NM); status Referred to the House Committee on Armed Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-7424
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-7424
- Congress: 116
- Title: Selected Reserve Education Loan Repayment Program Enhancement Act
- Status: Referred to the House Committee on Armed Services.
- Introduced: 2020-06-30
- Sponsor: Rep. Haaland, Debra A. [D-NM-1] (D-NM)
- Cosponsors: 2
- Policy area: Armed Forces and National Security
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Selected Reserve Education Loan Repayment Program Enhancement Act This bill increases, to the greater of 20% or $1000, the maximum amount of certain education loans that the Department of Defense may repay for members of the Selected Reserve under the education loan repayment program. Under current law, the maximum amount is the greater of 15% or $500.

## Cosponsors (2)

- Rep. Bustos, Cheri [D-IL-17] (D-IL), 2020-06-30T00:00:00.000Z
- Rep. Palazzo, Steven M. [R-MS-4] (R-MS), 2020-06-30T00:00:00.000Z

## Related bills

- 116-hr-7642: Coronavirus Economic Relief for Transportation Services Act
- 116-hr-5887: Guard and Reserve Hazard Duty Pay Equity Act
- 116-hr-1379: Ensuring Lasting Smiles Act
- 116-hr-1108: Aviation Funding Stability Act of 2019
- 116-hr-748: CARES Act
- 116-hr-737: Shark Fin Sales Elimination Act of 2019

## Sources
- [116-hr-7424 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/7424)

## Related
- [116-hr-7642: Coronavirus Economic Relief for Transportation Services Act](https://policyrisk.com/legislation/116-hr-7642)
- [116-hr-5887: Guard and Reserve Hazard Duty Pay Equity Act](https://policyrisk.com/legislation/116-hr-5887)
- [116-hr-1379: Ensuring Lasting Smiles Act](https://policyrisk.com/legislation/116-hr-1379)
- [116-hr-1108: Aviation Funding Stability Act of 2019](https://policyrisk.com/legislation/116-hr-1108)
- [116-hr-748: CARES Act](https://policyrisk.com/legislation/116-hr-748)
- [116-hr-737: Shark Fin Sales Elimination Act of 2019](https://policyrisk.com/legislation/116-hr-737)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-7424 (as of 2025-11-18).