Virginia Student Loan Refinancing Authority; established. (HB615)

Introduced By

Del. Cia Price (D-Newport News) with support from 7 copatrons, whose average partisan position is:

Those copatrons are Del. Elizabeth Guzman (D-Dale City), Del. Patrick Hope (D-Arlington), Del. Chris Hurst (D-Blacksburg), Del. Jay Jones (D-Norfolk), Del. Debra Rodman (D-Henrico), Del. Marcus Simon (D-Falls Church), Sen. Dave Marsden (D-Burke)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Virginia Student Loan Refinancing Authority; refinancing loan guaranty program. Establishes the Virginia Student Loan Refinancing Authority (the Authority), to be governed by a 10-member board, for the purpose of developing and implementing a program by which the Authority may guarantee the obligations of an individual who incurred qualified education loan debt as a Virginia student at an institution of higher education in the Commonwealth under loans that refinance such education loan debt. The measure limits eligibility to individuals who have not received, and are not eligible to receive, relief under applicable federal student loan repayment or loan forgiveness programs. The Authority is authorized to issue bonds to finance its obligations under such loan guarantees. Read the Bill »


Bill Has Failed


01/08/2018Prefiled and ordered printed; offered 01/10/18 18101845D
01/08/2018Referred to Committee on Appropriations
01/19/2018Assigned App. sub: Higher Education
01/29/2018Subcommittee recommends passing by indefinitely (5-Y 3-N)
02/13/2018Left in Appropriations