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116-hr-4545116th Congress

Private Loan Disability Discharge Act of 2019

Sponsored By: Representative Dean, Madeleine [D-PA-4]

Unknown

Summary

Private Loan Disability Discharge Act of 2019 This bill directs the holder of a private education loan to discharge the loan in the event of the borrower's death or total and permanent disability. The obligation of a cosigner for a private education loan is also discharged 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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Dean, Madeleine [D-PA-4]

PA • D

Cosponsors

  • Rep. Casten, Sean [D-IL-6]

    IL • D

    Sponsored 12/6/2019

  • Rep. Sherman, Brad [D-CA-32]

    CA • D

    Sponsored 12/6/2019

  • Rep. Pallone, Frank [D-NJ-6]

    NJ • D

    Sponsored 6/15/2020

  • Rep. Kildee, Daniel T. [D-MI-8]

    MI • D

    Sponsored 10/16/2020

Roll Call Votes

No roll call votes available for this bill.

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