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(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Interest Rate Reduction Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to make the 3.4% interest rate on Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2012, applicable to Direct Stafford loans first disbursed to undergraduate students between July 1, 2011, and July 1, 2013.
Amends the Patient Protection and Affordable Care Act to repeal provisions establishing and appropriating funds to the Prevention and Public Health Fund (a Fund to provide for expanded and sustained national investment in prevention and public health programs to improve health and help restrain the rate of growth in private and public sector health care costs). Rescinds any unobligated balances appropriated to such Fund.
Written by the nonpartisan Congressional Research Service, describing H.R. 4628 as passed House without amendment on Apr 27, 2012. It is not the text of the measure; a later amendment may have changed what it does.
Apr 27, 2012Each bar: ✓ Yea from the bottom, ✕ Nay aboveApr 27, 2012
House Apr 27, 2012 · the primary vote
To extend student loan interest rates for undergraduate Federal Direct Stafford Loans
Passed
215 Yea 195 Nay 22 not voting
Crossed both parties 43 of 410 voting members broke with their own party: 13 Democrats, 30 Republicans.
DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present
432 members on this roll call, from the official House record. Party majorities need at least five voting members, so an independent never counts as breaking with a party.
Organizations that named H.R. 4628 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.
56 disclosures name this measure. Retrieved from LDA.gov on 2026-10-05. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.