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Student loan servicers in Virginia will still not be licensed after a House of Delegates committee killed a bill Tuesday to regulate the companies.

Senate Bill 1112 from Sen. Janet Howell, D-Fairfax, would have required companies that service student loans, such as Navient and Nelnet, to be licensed by the State Corporation Commission. The bill cleared the Senate unanimously but died in a 10-9 vote in the House Commerce and Labor Committee.

Students are issued loans from the federal government, and the servicing companies oversee the repayment of those loans.

“They are totally at the whim and the will of the student loan servicer,” Howell said.

More than 90 percent of all current student debt is owed to the federal government, according to the U.S. Department of Education.

The bill outlined the role of the servicers while prohibiting them from misapplying loan payments or misrepresenting the amounts that borrowers owe, among other things. Other servicers, such as mortgage lenders, must meet similar standards.