US SB1489 | 2019-2020 | 116th Congress

Status

Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on May 15 2019 - 25% progression
Action: 2019-05-15 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Pending: Senate Health, Education, Labor, And Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Joint Consolidation Loan Separation Act This bill allows two borrowers, who had previously received a joint consolidation loan for their student debt under the William D. Ford Federal Direct Loan Program, to submit a joint application to sever their consolidated loan. One borrower may submit a separate application in the event that the individual is experiencing domestic or economic abuse from the other individual borrower, or is unable to reasonably reach or access the loan information of the other borrower.

Tracking Information

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Title

Joint Consolidation Loan Separation Act

Sponsors


History

DateChamberAction
2019-05-15SenateRead twice and referred to the Committee on Health, Education, Labor, and Pensions.

Same As/Similar To

HB2728 (Same As) 2019-05-14 - Referred to the House Committee on Education and Labor.

Subjects


US Congress State Sources


Bill Comments

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