H.R. 3747 · 114th Congress
Social Security Garnishment Modernization 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.
2 cosponsors · 2 D
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill limits the amount offset (i.e., withheld) from an individual's Social Security benefit payments to repay a defaulted federal student loan to the amount by which such Social Security benefit payments exceed $9,000 annually (i.e., $750 monthly), adjusted for inflation.
What it does: CRS summary · Introduced in House · Oct 9, 2015
Social Security Garnishment Modernization Act of 2015
This bill limits the amount offset (i.e., withheld) from an individual's Social Security benefit payments to repay a defaulted federal student loan to the amount by which such Social Security benefit payments exceed $9,000 annually (i.e., $750 monthly), adjusted for inflation.
Currently, the federal government may offset certain Social Security, railroad retirement, or black lung benefit payments to repay an individual's nontax federal debts, but the amount offset is limited to the amount of federal benefit payments that exceeds $9,000 annually, unadjusted for inflation.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Social Security Garnishment Modernization Act of 2015
Latest action (Nov 4, 2015): Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Policy area: Education · Origin: House · Introduced: Oct 9, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.