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SB3106Introduced in the Senate

PRIVATE EDUCATION LOANS-REPORT

IntroducedSenate Assignments

Introduced by Michael Halpin, District 36

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

Rule 3-9(a) / Re-referred to Assignments

April 17, 2026

How did lawmakers vote?

SenateStage: Senate Higher Education Committee · February 25, 2026

13

Yes

0

No

1

Absent or Not Voting

14 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

See how each senator voted

SenatorDistrictVote
Kimberly Lightford4Not Voting
Mike Porfirio11Yes
William Cunningham18Yes
Graciela Guzman20Yes
Mary Edly-Allen31Yes
Craig Wilcox32Yes
Steve Stadelman34Yes
Michael Halpin36Yes
David Koehler46Yes
Jil Tracy50Yes

Bill history

  1. Filed with Secretary by Sen. Michael W. Halpin

  2. First Reading

  3. Referred to Assignments

  4. Assigned to Higher Education

  5. Added as Co-Sponsor Sen. Mary Edly-Allen

  6. Do Pass Higher Education; 013-000-000

  7. Placed on Calendar Order of 2nd Reading February 26, 2026

  8. Second Reading

  9. Placed on Calendar Order of 3rd Reading March 3, 2026

  10. Added as Co-Sponsor Sen. Paul Faraci

  11. Added as Co-Sponsor Sen. Julie A. Morrison

  12. Added as Co-Sponsor Sen. Robert Peters

  13. Added as Co-Sponsor Sen. Adriane L. Johnson

  14. Rule 3-9(a) / Re-referred to Assignments

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