US HB4396 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on September 19 2019 - 25% progression, died in committee
Action: 2019-09-19 - Referred to the House Committee on Education and Labor.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 19 2019 - 25% progression, died in committee
Action: 2019-09-19 - Referred to the House Committee on Education and Labor.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requires the Department of Education (ED) to have a record of default removed from a borrower's credit history in certain circumstances. Specifically, when a borrower repays in full the amount due on a defaulted student loan, ED must request a consumer reporting agency remove the record of default from the borrower's credit history.
Title
Clean Slate through Repayment Act of 2019
Sponsors
Rep. Debbie Mucarsel-Powell [D-FL] | Rep. Haley Stevens [D-MI] |
History
Date | Chamber | Action |
---|---|---|
2019-09-19 | House | Referred to the House Committee on Education and Labor. |
2019-09-19 | House | Introduced in House |
Same As/Similar To
HB4395 (Related) 2019-09-19 - Referred to the House Committee on Education and Labor.
Subjects
Business records
Consumer credit
Education
Government lending and loan guarantees
Higher education
Student aid and college costs
Consumer credit
Education
Government lending and loan guarantees
Higher education
Student aid and college costs
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/4396/all-info |
Text | https://www.congress.gov/116/bills/hr4396/BILLS-116hr4396ih.pdf |