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]

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.

Tracking Information

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Title

Protect Minority Student Borrowers Act

Sponsors


History

DateChamberAction
2020-08-11HouseReferred to the House Committee on Financial Services.
2020-08-11HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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