United States · Bill · HR
H.R. 1143 (117th)
LOAN Act
Introduced
18 February 2021
Last action
28 April 2021 · Referred
Status
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Sponsors
Rep. Kildee, Daniel T. [D-MI-5], Rep. Carson, André [D-IN-7], Rep. Cohen, Steve [D-TN-9], Rep. Dean, Madeleine [D-PA-4], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Perlmutter, Ed [D-CO-7], Rep. Vargas, Juan [D-CA-52]
Subjects
Taxation, Education
Source updated
3 January 2025
Summary
Lenders Offer Assistance Now Act or the LOAN Act This bill requires the discharge of a private education loan in the event of the student borrower's disability. Such a discharge is not considered income for tax or other purposes. Additionally, the bill prohibits the automatic default of a private education loan due to the disability of a loan cosigner. Furthermore, the bill generally permits the discharge of student loans in bankruptcy. Under current law, student loans are not dischargeable in bankruptcy unless repayment would be an undue hardship to the debtor and the debtor's dependents.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
18 February 2021
Introduced
Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and 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.
Source: IntroReferral
18 February 2021
Introduced
Introduced in House
Source: IntroReferral
18 February 2021
Introduced
Introduced in House
Source: IntroReferral
28 April 2021
Referred
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in House · 18 February 2021 · Download file
Documents
3 official files
Introduced in House (text)
This file cannot be previewed here. Use View or Download.
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House (text)
Introduced in House · EN · 18 February 2021
Introduced in House (PDF)
Introduced in House · EN · 18 February 2021
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House
summary · EN · 18 February 2021
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Kildee, Daniel T. [D-MI-5] · D · Sponsor
- Rep. Carson, André [D-IN-7] · D · Sponsor
- Rep. Cohen, Steve [D-TN-9] · D · Sponsor
- Rep. Dean, Madeleine [D-PA-4] · D · Sponsor
- Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Sponsor
- Rep. Perlmutter, Ed [D-CO-7] · D · Sponsor
- Rep. Vargas, Juan [D-CA-52] · D · Sponsor
- · hsju00 · Standing
- · hswm00 · Standing
- · hsba00 · Standing
Related records
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/house-bill/1143
- Open data entity: https://api.congress.gov/v3/bill/117/hr/1143
- us · 117-hr-1143 · source updated 3 January 2025