HR 4545
116th Congress
House
Finance and Financial Sector
Consumer credit
Debt collection
Disability and paralysis
Higher education
Income tax exclusion
Student aid and college costs
Private Loan Disability Discharge Act of 2019
Introduced: September 27, 2019
Introduced by:
Dean, Madeleine
Democratic
· Pennsylvania
See on congress.gov
Everywhere this bill has been
8 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 21, 2020
Placed on the Union Calendar, Calendar No. 565.
Dec 21, 2020
Committee on Ways and Means discharged.
Dec 21, 2020
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-682, Part I.
Dec 11, 2019
Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 25.
Dec 11, 2019
Committee Consideration and Mark-up Session Held.
Dec 10, 2019
Committee Consideration and Mark-up Session Held.
Sep 27, 2019
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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.
Sep 27, 2019
Introduced in House
Plain-English summary
Private Loan Disability Discharge Act of 2019
This bill directs the holder of a private education loan to discharge the loan in the event of the borrower's death or total and permanent disability. The obligation of a cosigner for a private education loan is also discharged in the event of total and permanent disability of the borrower. The bill also extends indefinitely the exclusion of student loan debt discharge from gross income for federal income tax purposes.
What's happening now
Placed on the Union Calendar, Calendar No. 565.
Committees of jurisdiction
2