HR 4784 · 118th Congress · Education

Private Loan Disability Discharge Act of 2023

Introduced 2023-07-20· Sponsored by Rep. Dean, Madeleine [D-PA-4]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: 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.(2023-07-20)

Plain Language Summary

[AI summary unavailable — showing source text] Private Loan Disability Discharge Act of 2023 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only