US Congress House Bill 3240 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: Introduced on October 21 2011 - 25% progression, died in committee
Action: 2012-01-12 - Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Pending: House Subcommittee on Financial Institutions and Consumer Credit Committee
Text: Latest bill text (Introduced) [PDF]

Christopher Bryski Student Loan Protection Act or Christopher's Law - Amends the Truth in Lending Act to require lenders of private educational loans for which cosigners are held jointly liable to describe clearly and conspicuously, in writing, the cosigners' obligations regarding such loans, including the effect a borrower's or cosigner's death, disability, or inability to engage in any substantial gainful activity would have on such obligations. Directs the Consumer Financial Protection Bureau (CFPB) to publish a model form for describing those obligations. Amends the Higher Education Act of 1965 to require institutions of higher education to provide borrowers of federal educational loans information at their entrance counseling on the effect their death, disability, or inability to engage in any substantial gainful activity would have on their federal and private educational loans.

Christopher Bryski Student Loan Protection Act

Rep. Bill Pascrell [D-NJ]	Rep. Robert Andrews [D-NJ]	Rep. Rush Holt [D-NJ]	Rep. Jon Runyan [R-NJ]
Rep. Albio Sires [D-NJ]	Rep. Fortney Stark [D-CA]

Date	Chamber	Action
2012-01-12	House	Referred to the Subcommittee on Financial Institutions and Consumer Credit.
2011-11-18	House	Referred to the Subcommittee on Higher Education and Workforce Training.
2011-10-21	House	Referred to House Education and the Workforce
2011-10-21	House	Referred to House Financial Services
2011-10-21	House	Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

SB1748 (Same As) 2011-10-20 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/3240/all-info
Text	https://www.congress.gov/112/bills/hr3240/BILLS-112hr3240ih.pdf