US HB5287 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on December 3 2019 - 25% progression, died in committee
Action: 2019-12-19 - Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Pending: House Subcommittee on Antitrust, Commercial, and Administrative Law Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 3 2019 - 25% progression, died in committee
Action: 2019-12-19 - Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Pending: House Subcommittee on Antitrust, Commercial, and Administrative Law Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Prohibits a debt collector from collecting on federal student loan debt owed by a borrower earning under a certain income. Specifically, a federal student loan debt collector may not attempt to collect if a borrower would qualify for a zero-dollar payment under an income-driven repayment plan. Additionally, a debt collector may not attempt to collect an amount greater than the payment the borrower would owe under such a plan.
Title
Fair Student Loan Debt Collection Practices Act
Sponsors
| Rep. Al Lawson [D-FL] | Rep. Frank Pallone [D-NJ] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-12-19 | House | Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law. |
| 2019-12-11 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 24. |
| 2019-12-11 | House | Committee Consideration and Mark-up Session Held. |
| 2019-12-10 | House | Committee Consideration and Mark-up Session Held. |
| 2019-12-03 | House | Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Education and Labor, 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. |
| 2019-12-03 | House | Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Education and Labor, 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. |
| 2019-12-03 | House | Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Education and Labor, 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. |
| 2019-12-03 | House | Introduced in House |
Subjects
Debt collection
Finance and financial sector
Government lending and loan guarantees
Student aid and college costs
Finance and financial sector
Government lending and loan guarantees
Student aid and college costs
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/5287/all-info |
| Text | https://www.congress.gov/116/bills/hr5287/BILLS-116hr5287ih.pdf |
