HB4754Introduced in the House
PRIVATE EDUCATION LOANS-REPORT
Introduced by Margaret Croke, District 12
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
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.
Where it stands
Public Act . . . . . . . . . 104-0504
June 26, 2026
How did lawmakers vote?
House votes
2 recorded votes · each counted separately
Senate votes
1 recorded vote · each counted separately
SenateStage: Senate Third Reading · May 14, 2026
58
Yes
0
No
1
Absent or Not Voting
59 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Javier Cervantes | 1 | Yes |
| Omar Aquino | 2 | Yes |
| Mattie Hunter | 3 | Yes |
| Kimberly Lightford | 4 | Yes |
| Lakesia Collins | 5 | Yes |
| Sara Feigenholtz | 6 | Yes |
| Mike Simmons | 7 | Yes |
| Ram Villivalam | 8 | Yes |
| Laura Fine | 9 | Yes |
| Robert Martwick | 10 | Yes |
Bill history
Filed with the Clerk by Rep. Margaret Croke
First Reading
Referred to Rules Committee
Assigned to Financial Institutions and Licensing Committee
Added Chief Co-Sponsor Rep. Katie Stuart
Do Pass / Short Debate Financial Institutions and Licensing Committee; 011-000-000
Placed on Calendar 2nd Reading - Short Debate
Added Chief Co-Sponsor Rep. Jawaharial Williams
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Third Reading - Short Debate - Passed 097-000-000
Added Chief Co-Sponsor Rep. Carol Ammons
Arrive in Senate
Placed on Calendar Order of First Reading
Chief Senate Sponsor Sen. Michael W. Halpin
First Reading
Referred to Assignments
Approved for Consideration Assignments
Placed on Calendar Order of 2nd Reading April 28, 2026
Second Reading
Placed on Calendar Order of 3rd Reading May 5, 2026
Third Reading - Passed; 058-000-000
Passed Both Houses
Sent to the Governor
Governor Approved
Effective Date June 26, 2026
Public Act . . . . . . . . . 104-0504
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