US HB8028 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on August 11 2020 - 25% progression, died in committee
Action: 2020-08-11 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on August 11 2020 - 25% progression, died in committee
Action: 2020-08-11 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Prohibits discrimination on the basis of a credit applicant's institution of higher education (IHE). Specifically, the bill makes it unlawful for a private education lender to discriminate against a credit applicant based on the IHE that the applicant plans to attend, currently attends, or previously attended. The Department of Justice may bring a civil action against a private education lender for violations. The bill also requires the Government Accountability Office to study and report on the extent to which private education lenders discriminate against applicants who attend minority-serving IHEs.
Title
Protect Minority Student Borrowers Act
Sponsors
Rep. Filemon Vela [D-TX] |
History
Date | Chamber | Action |
---|---|---|
2020-08-11 | House | Referred to the House Committee on Financial Services. |
2020-08-11 | House | Introduced in House |
Subjects
Banking and financial institutions regulation
Business ethics
Civil actions and liability
Congressional oversight
Consumer affairs
Credit and credit markets
Education
Government studies and investigations
Higher education
Minority education
Racial and ethnic relations
Student aid and college costs
Business ethics
Civil actions and liability
Congressional oversight
Consumer affairs
Credit and credit markets
Education
Government studies and investigations
Higher education
Minority education
Racial and ethnic relations
Student aid and college costs
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/8028/all-info |
Text | https://www.congress.gov/116/bills/hr8028/BILLS-116hr8028ih.pdf |