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Bill > HR2648


US HR2648

US HR2648
Student Borrower Bankruptcy Relief Act of 2019


summary

Introduced
05/09/2019
In Committee
09/29/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To provide bankruptcy relief for student borrowers. This bill permits a borrower to discharge in bankruptcy a nonprofit, government, or private student loan, or an obligation to repay an educational benefit, scholarship, or stipend.

AI Summary

This bill permits a borrower to discharge in bankruptcy a nonprofit, government, or private student loan, or an obligation to repay an educational benefit, scholarship, or stipend. Specifically, it amends the Bankruptcy Code to remove the existing exception that prevents the discharge of student loans in bankruptcy, and applies these changes only to bankruptcy cases filed on or after the date of the bill's enactment.

Committee Categories

Government Affairs, Justice

Sponsors (30)

Last Action

Ordered to be Reported (Amended) by the Yeas and Nays: 19 - 5. (on 09/29/2020)

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