Private Student Loan Bankruptcy Fairness Act of 2023
Latest action · Jan 9, 2023 Referred to the House Committee on the Judiciary.
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.
- IntroducedJan 9, 2023
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Private Student Loan Bankruptcy Fairness Act of 2023
This bill modifies the treatment of certain student loans in bankruptcy.
Specifically, it allows private student loans to be discharged in bankruptcy regardless of whether a debtor demonstrates undue hardship. Under current law, student loans may be discharged in bankruptcy only if the loans impose an undue hardship on the debtor.
Cosponsors 5
Members who signed on, in the order they did. Signatures ran from Jan 9, 2023 to Jan 12, 2023, with 4 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-IL | Danny K. Davis | Original | Jan 9, 2023 |
| D-CA | Eric Swalwell | Original | Jan 9, 2023 |
| D-CA | Julia Brownley | Original | Jan 9, 2023 |
| D-CA | Ro Khanna | Original | Jan 9, 2023 |
| D-WI | Gwen Moore | Jan 12, 2023 |
Actions 2
Everything that happened, newest first.
- Jan 9, 2023Introduced in House
- Jan 9, 2023Referred to the House Committee on the Judiciary.
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jan 9, 2023Introduced 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.