US HB885 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 15-0)
Status: Introduced on January 30 2019 - 25% progression, died in committee
Action: 2019-03-25 - Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Pending: House Subcommittee on Antitrust, Commercial, and Administrative Law Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Modifies the treatment of certain student loans in bankruptcy. Specifically it allows private education loans to be discharged in bankruptcy regardless of whether a debtor demonstrates undue hardship. Under current law, student loans may be discharged in bankruptcy only if the loans impose an undue hardship on the debtor.

Tracking Information

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Title

Private Student Loan Bankruptcy Fairness Act of 2019

Sponsors


History

DateChamberAction
2019-03-25HouseReferred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
2019-01-30HouseReferred to the House Committee on the Judiciary.
2019-01-30HouseSponsor introductory remarks on measure. (CR E110-111)
2019-01-30HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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