S. 942

Summary

S. 942, the REDI Act, was introduced in the Senate on Mar 11, 2025 by Sen. Jacky Rosen (D) with 16 co-sponsors. It was referred to Health, Education, Labor, And Pensions, and last saw action on Mar 19, 2026: Committee on Health, Education, Labor, and Pensions. Hearings held.

Record

Text

S. 942 has 16 co-sponsors.

119 S942 IS: Resident Education Deferred Interest Act
 U.S. Senate
 2025-03-11
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  1st Session  S. 942  IN THE SENATE OF THE UNITED STATES   March 11 (legislative day, March 10), 2025   Ms. Rosen  (for herself and  Mr. Boozman ) introduced the following bill; which was read twice and referred to the  Committee on Health, Education, Labor, and Pensions    A BILL
To amend the Higher Education Act of 1965 to provide for interest-free deferment on student loans for borrowers serving in a medical or dental internship or residency program.
1.
Short title
This Act may be cited as the   Resident Education Deferred Interest Act   or the   REDI Act  .
2.
Deferment during a medical or dental internship or residency program
Section 455(f) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(f) ) is amended—
(1)
in paragraph (1), in the matter preceding subparagraph (A), by striking  A borrower  and inserting  Except as provided in paragraph (6), a borrower ;
(2)
in paragraph (2)(A)—
(A)
in clause (i), by striking  or  after the semicolon;
(B)
by striking the matter following clause (ii);
(C)
in clause (ii), by striking the comma at the end and inserting  ; or ; and
(D)
by adding at the end the following:
(iii)
is serving in a medical or dental internship or residency program;
 ; and
(3)
by adding at the end the following:
(6)
Special rule for certain in school deferment
Notwithstanding any other provision of this Act, a borrower described in paragraph (2)(A)(iii) shall be eligible for a deferment, during which periodic installments of principal need not be paid and interest shall not accrue on any loan made to the borrower under this part.
 .

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Sponsors

Sen. Jacky Rosen (D) sponsors S. 942, and 16 members have co-sponsored it, 1 of them from the day it was introduced.

Jacky Rosen

Sen. · D–NV · Sponsor

Introduced Mar 11, 2025

John Boozman

Sen. · R–AR · Co-sponsor

Joined Mar 11, 2025 · Original

Maria Cantwell

Sen. · D–WA · Co-sponsor

Joined Mar 27, 2025

Jim Banks

Sen. · R–IN · Co-sponsor

Joined Apr 4, 2025

Jon Ossoff

Sen. · D–GA · Co-sponsor

Joined Apr 10, 2025

Christopher Coons

Sen. · D–DE · Co-sponsor

Joined Jul 15, 2025

Elissa Slotkin

Sen. · D–MI · Co-sponsor

Joined Oct 7, 2025

Mark Kelly

Sen. · D–AZ · Co-sponsor

Joined Oct 21, 2025

Jeff Merkley

Sen. · D–OR · Co-sponsor

Joined Oct 21, 2025

Adam Schiff

Sen. · D–CA · Co-sponsor

Joined Nov 3, 2025

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Committees

S. 942 went before 1 committee: Health, Education, Labor, and Pensions.

Health, Education, Labor, and Pensions

Health, Education, Labor, and Pensions

Hearings By (full committee) · Mar 19, 2026 · 747 Bills

Actions

S. 942 has taken 3 actions since Mar 11, 2025, the latest on Mar 19, 2026.

Votes

S. 942 has not gone to a roll call.

Related bills

1 bill is related to S. 942.

HR 2028REDI ActMar 11, 2025 · Referred to the House Committee on Education and Workforce. · Related bill

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Titles

S. 942 goes by 4 titles, 2 of them short titles.

• REDI Act — Display Title
• REDI Act — Short Title(s) as Introduced
• Resident Education Deferred Interest Act — Short Title(s) as Introduced
• A bill to amend the Higher Education Act of 1965 to provide for interest-free deferment on student loans for borrowers serving in a medical or dental internship or residency program. — Official Title as Introduced

Lobbying

17 clients hired 18 firms and 122 registered lobbyists who named S. 942 in 90 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Health Issues, Medicare/Medicaid, Budget/Appropriations, Education, Veterans, Labor Issues/Antitrust/Workplace, Medical/Disease Research/Clinical Labs, Taxation/Internal Revenue Code.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 122.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files S. 942 under Education, one of its 31 policy areas, and gives it 6 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 942’s is Education.

Legislative Subjects

S. 942 carries 6 of CRS’s legislative subjects, from Dental care to Student aid and college costs.

Source: congress.gov · legiscan.com