SB3106 - 104th General Assembly (2025-2026)
PRIVATE EDUCATION LOANS-REPORT
Last Action
2/26/2026 - Senate: Placed on Calendar Order of 3rd Reading March 3, 2026
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Know Before You Owe Private Education Loan Act. Provides that the annual report to the Department of Financial and Professional Regulation and the Student Loan Ombudsman shall include the total number and dollar amount (instead of the volume) of private education loans made annually by a private educational lender, the total number and dollar amount (instead of the volume) of private education loans made annually at institutions of higher education, the total number and dollar amount of private education loans made annually with a cosigner, and the default rate for the private education loans reported by the private educational lender pursuant to specified provisions for the previous reporting period. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 1/29/2026 | Senate | Filed with Secretary by Sen. Michael W. Halpin |
| 1/29/2026 | Senate | First Reading |
| 1/29/2026 | Senate | Referred to Assignments |
| 2/10/2026 | Senate | Assigned to Higher Education |
| 2/19/2026 | Senate | Added as Co-Sponsor Sen. Mary Edly-Allen |
| 2/25/2026 | Senate | Do Pass Higher Education; 013-000-000 |
| 2/25/2026 | Senate | Placed on Calendar Order of 2nd Reading February 26, 2026 |
| 2/26/2026 | Senate | Second Reading |
| 2/26/2026 | Senate | Placed on Calendar Order of 3rd Reading March 3, 2026 |