HRES 1269 116th Congress House Education Cardiovascular and respiratory health Debt collection Education programs funding Emergency medical services and trauma care Government lending and loan guarantees Higher education Income tax exclusion Infectious and parasitic diseases Interest, dividends, interest rates Presidents and presidential powers, Vice Presidents Racial and ethnic relations Student aid and college costs

Calling on the President of the United States to take Executive action to broadly cancel Federal student loan debt.

Introduced: December 17, 2020 Introduced by: Pressley, Ayanna Democratic · Massachusetts See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Dec 17, 2020

Referred to the Committee on Education and Labor, 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.

Dec 17, 2020

Introduced in House

Plain-English summary Congressional Research Service

This resolution calls on the President to take executive action to cancel up to $50,000 in federal student loan debt for borrowers. Further, it encourages the President to (1) ensure that borrowers have no tax liability from the debt cancellation, (2) ensure that the debt cancellation helps close racial wealth gaps, and (3) pause student loan payments and interest accumulation on federal student loans for the duration of the COVID-19 (i.e., coronavirus disease 2019) pandemic.

What's happening now December 17, 2020

Committees of jurisdiction 2