Docket
118th Congress · HOUSE BILLBILL

H.R. 4784 — Private Loan Disability Discharge Act of 2023

“To provide for the discharge of a private education loan in the case of death or total and permanent disability of a student obligor, and for other purposes.”

Education
Introduced Jul 20, 2023
Last action Jul 20, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jul 20, 2023
Step 2
Referred
Jul 20, 2023
Financial Services · Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill directs the holder of a private education loan to discharge the loan balance for both the borrower and any cosigner in the event of total and permanent disability of the borrower. The bill also extends indefinitely the exclusion of student loan debt discharge from gross income for federal income tax purposes.

Provisions · 2 sectionsIntroduced in House
Timeline · 3 actions
Jul 20, 2023
Introduced in House
Jul 20, 2023
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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.
Jul 20, 2023
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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.