US HB5287 | 2019-2020 | 116th Congress

US Congress House Bill 5287 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on December 3 2019 - 25% progression, died in committee
Action: 2019-12-19 - Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Pending: House Subcommittee on Antitrust, Commercial, and Administrative Law Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Prohibits a debt collector from collecting on federal student loan debt owed by a borrower earning under a certain income. Specifically, a federal student loan debt collector may not attempt to collect if a borrower would qualify for a zero-dollar payment under an income-driven repayment plan. Additionally, a debt collector may not attempt to collect an amount greater than the payment the borrower would owe under such a plan.

Title

Fair Student Loan Debt Collection Practices Act

History

Date	Chamber	Action
2019-12-19	House	Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
2019-12-11	House	Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 24.
2019-12-11	House	Committee Consideration and Mark-up Session Held.
2019-12-10	House	Committee Consideration and Mark-up Session Held.
2019-12-03	House	Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Education and Labor, 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.
2019-12-03	House	Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Education and Labor, 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.
2019-12-03	House	Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Education and Labor, 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.
2019-12-03	House	Introduced in House