H.R.4545: Private Loan Disability Discharge Act of 2019

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Bill 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...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 4 statements associated with H.R.4545.

Bill Actions

Date Description
Dec. 21, 2020
Placed on the Union Calendar, Calendar No. 565.
Dec. 21, 2020

Committee on Ways and Means discharged.

Dec. 21, 2020
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-682, Part I.
Dec. 11, 2019
Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 25.
Dec. 11, 2019
Committee Consideration and Mark-up Session Held.
Dec. 10, 2019
Committee Consideration and Mark-up Session Held.
Sept. 27, 2019
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.
Sept. 27, 2019

Introduced in the House by Madeleine Dean (D-Pa.)

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