Private Student Loan Bankruptcy Fairness Act of 2015
Latest action · Apr 29, 2015 Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 26, 2015
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Private Student Loan Bankruptcy Fairness Act of 2015
Amends the federal bankruptcy code to limit the non-dischargeability, except in cases of undue hardship, of educational loans to those made, insured, or guaranteed by a governmental unit, or made under any program funded by a governmental unit or any program for which substantially all of the funds are provided by a nonprofit institution (thus allowing the discharge of private educational loan indebtedness without the need to show an undue hardship).
Cosponsors 41
Members who signed on, in the order they did. Signatures ran from Mar 26, 2015 to Sep 12, 2016; 2 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-IL | Danny K. Davis | Original | Mar 26, 2015 |
| D-CA | Eric Swalwell | Original | Mar 26, 2015 |
| D-ME | Chellie Pingree | Apr 13, 2015 | |
| D-DC | Eleanor Holmes Norton | Apr 13, 2015 | |
| D-NY | Grace Meng | Apr 13, 2015 | |
| D-CT | Joe Courtney | Apr 13, 2015 | |
| D-CA | Julia Brownley | Apr 13, 2015 | |
| D-MN | Keith Ellison | Apr 13, 2015 | |
| D-CA | Lois Capps | Apr 13, 2015 | |
| D-CT | Rosa L. DeLauro | Apr 13, 2015 | |
| D-TX | Ruben Hinojosa | Apr 13, 2015 | |
| D-MA | William R. Keating | Apr 13, 2015 | |
| D-FL | Corrine Brown | Apr 14, 2015 | |
| D-WI | Gwen Moore | Apr 14, 2015 | |
| D-NY | Yvette D. Clarke | Apr 14, 2015 | |
| D-FL | Frederica S. Wilson | Apr 15, 2015 | |
| D-MI | John Conyers, Jr. | Apr 15, 2015 | |
| D-CA | Jerry McNerney | Apr 16, 2015 | |
| D-CA | Scott H. Peters | Apr 16, 2015 | |
| D-FL | Theodore E. Deutch | Apr 16, 2015 | |
| D-FL | Alcee L. Hastings | Apr 20, 2015 | |
| D-NY | Gregory W. Meeks | Apr 20, 2015 | |
| D-CA | Judy Chu | Apr 20, 2015 | |
| D-MD | Donna F. Edwards | Apr 21, 2015 | |
| D-AZ | Raúl M. Grijalva | Apr 21, 2015 | |
| D-NY | Charles B. Rangel | Apr 22, 2015 | |
| D-GA | Henry C. "Hank" Johnson, Jr. | Apr 22, 2015 | |
| D-VT | Peter Welch | Apr 22, 2015 | |
| D-IL | Janice D. Schakowsky | Apr 29, 2015 | |
| D-KY | John A. Yarmuth | Apr 29, 2015 | |
| D-OH | Tim Ryan | Apr 29, 2015 | |
| D-HI | Tulsi Gabbard | Apr 30, 2015 | |
| D-CA | Zoe Lofgren | May 12, 2015 | |
| D-NV | Dina Titus | May 14, 2015 | |
| D-NY | Nita M. Lowey | May 15, 2015 | |
| D-MD | Chris Van Hollen | May 20, 2015 | |
| D-NY | Hakeem S. Jeffries | May 20, 2015 | |
| D-CA | Mark Takano | Jun 3, 2015 | |
| D-MA | Seth Moulton | Jun 10, 2015 | |
| D-CA | Barbara Lee | Oct 20, 2015 | |
| D-CA | Jared Huffman | Sep 12, 2016 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Judiciary Committee | Referred Mar 26, 2015 |
| Administrative State, Regulatory Reform, and Antitrust Subcommittee | Referred Apr 29, 2015 |
Actions 4
Everything that happened, newest first.
- Apr 29, 2015Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
- Mar 26, 2015Introduced in House
- Mar 26, 2015Sponsor introductory remarks on measure. (CR E446)
- Mar 26, 2015Referred to the House Committee on the Judiciary.
In the Congressional Record 2
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Debate and remarks H1675 | Eric Swalwell D-CA | Apr 13, 2016 |
| Extensions | Debate and remarks E446 | Steve Cohen D-TN | Mar 26, 2015 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 161, no. 51, March 26, 2015, page H2113.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 100 | Stopping Abusive Student Loan Collection Practices in Bankruptcy Act of 2015 | Related bill | Feb 2, 2015 |
| HR 2527 | Private Student Loan Bankruptcy Fairness Act of 2017 | Reintroduced Bill | May 18, 2017 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend title 11 of the United States Code to modify the dischargeability of debts for certain educational payments and loans.
- Short Titles as Introduced
- Private Student Loan Bankruptcy Fairness Act of 2015
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Mar 26, 2015Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
