Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.2544
S.2544: Ryan Frascone Memorial Student Loan Relief Act of 2021
About This Bill
- Introduced July 29, 2021
- Latest Major Action July 29, 2021
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - July 29, 2021
Bill Summary
Ryan Frascone Memorial Student Loan Relief Act of 2021 This bill retroactively applies certain borrower protections related to cosigners of private student loans. Specifically, all private student loan agreements must (1) prohibit creditors from declaring a default or accelerating the debt of a private student loan on the sole basis of the death or bankruptcy of a cosigner to such a loan, and (2) require loan holders to release a cosigner from...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 29, 2021 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| July 29, 2021 |
Introduced in the Senate by Tina Smith (D-Minn.) |