H.R. 8400 · 116th Congress
Parent PLUS Loan Fairness and Responsibility Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
FosterSponsorNo cosponsors.
This bill allows parent borrowers to transfer their parent PLUS loans to their child under certain circumstances. Among other requirements for a transfer, the child must demonstrate the ability to repay the loan, as determined by the Department of Education.
What it does: CRS summary · Introduced in House · Sep 25, 2020
Parent PLUS Loan Fairness and Responsibility Act
This bill allows parent borrowers to transfer their parent PLUS loans to their child under certain circumstances. Among other requirements for a transfer, the child must demonstrate the ability to repay the loan, as determined by the Department of Education.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Parent PLUS Loan Fairness and Responsibility Act
Latest action (Sep 25, 2020): Referred to the House Committee on Education and Labor.
Policy area: Education · Origin: House · Introduced: Sep 25, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.