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HR 5458 111th Congress House Education Administrative law and regulatory procedures Banking and financial institutions regulation Consumer affairs Consumer credit Disability and paralysis Federal Reserve System Government information and archives Government lending and loan guarantees Health information and medical records Higher education Student aid and college costs Veterans' education, employment, rehabilitation

Christopher's Law

Introduced: May 28, 2010 See on congress.gov
 Everywhere this bill has been 11 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2010
Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Sep 28, 2010
Motion to reconsider laid on the table Agreed to without objection.
Sep 28, 2010
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7078)
Sep 28, 2010
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7078)
Sep 28, 2010
DEBATE - The House proceeded with forty minutes of debate on H.R. 5458.
Sep 28, 2010
Considered under suspension of the rules. (consideration: CR H7077-7079)
Sep 28, 2010
Mr. Adler (NJ) moved to suspend the rules and pass the bill, as amended.
May 28, 2010
Referred to House Education and Labor
May 28, 2010
Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 28, 2010
Referred to House Financial Services
May 28, 2010
Introduced in House
 Plain-English summary Congressional Research Service

Christopher Bryski Student Loan Protection Act and Christopher's Law - (Sec. 2) Amends the Truth in Lending Act to require institutions of higher education (IHEs) that provide student loan counseling to new borrowers and cosigners at the time of any student loan application, origination, or consolidation, or at the time the cosigner assumes responsibility for repayment, to include information on creating a durable power of attorney for financial decisionmaking.

Requires private educational lenders to provide borrowers and cosigners of student loans with that information at the time of loan application.

Requires lenders of private educational loans for which cosigners are held jointly liable to describe clearly and conspicuously, in writing, the cosigners' obligations regarding such loans, including the effect a borrower's or cosigner's death, disability, or inability to engage in any substantial gainful activity would have on such obligations.

Directs the Board of Governors of the Federal Reserve System to publish model forms for the information this Act requires to be provided regarding: (1) the creation of a durable power of attorney; and (2) a cosigner's obligation.

(Sec. 3) Amends the Higher Education Act of 1965 to require IHEs to provide borrowers of federal educational loans information at their entrance counseling regarding: (1) the effect their death, disability, or inability to engage in any substantial gainful activity would have on their federal and private educational loans; and (2) their state's model form, published by the Board of Governors of the Federal Reserve System, for creating a durable power of attorney.

What's happening now September 29, 2010

Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Committees of jurisdiction 3