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HR 4784 118th Congress House Education

Private Loan Disability Discharge Act of 2023

Introduced: July 20, 2023 Introduced by: Dean, Madeleine Democratic · Pennsylvania See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 20, 2023
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.
Jul 20, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Private Loan Disability Discharge Act of 2023

This bill directs the holder of a private education loan to discharge the loan balance for both the borrower and any cosigner 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 July 20, 2023

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.

 Committees of jurisdiction 2