H.R. 4545
IntroducedPrivate Loan Disability Discharge Act of 2019
Latest Action
Placed on the Union Calendar, Calendar No. 565.
12/21/2020 • House
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.
Reported to House, Part I • 12/21/2020
Topics & Subjects
CBO Cost Estimates (1)
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (5)
Party Breakdown
Sponsor
Cosponsors (4)
Bill Journey
Originated in the House
Introduced
September 27, 2019
Committee Review
December 10, 2019
Committee Consideration and Mark-up Session Held.
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law