H.R. 3451 · 114th Congress
Student Loan Bankruptcy Parity Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
This bill amends the federal bankruptcy code to eliminate the provision that makes certain education debts non-dischargeable in bankruptcy unless repayment imposes an undue hardship.
What it does: CRS summary · Introduced in House · Sep 8, 2015
Student Loan Bankruptcy Parity Act of 2015
This bill amends the federal bankruptcy code to eliminate the provision that makes certain education debts non-dischargeable in bankruptcy unless repayment imposes an undue hardship.
Specifically it permits a borrower to discharge in bankruptcy a nonprofit, government, or private student loan, or an obligation to repay an educational benefit, scholarship, or stipend.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Student Loan Bankruptcy Parity Act of 2015
Latest action (Sep 28, 2015): Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Sep 8, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.