1 | 1 | | I |
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2 | 2 | | 118THCONGRESS |
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3 | 3 | | 1 |
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4 | 4 | | STSESSION H. R. 138 |
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5 | 5 | | To amend title 11 of the United States Code to modify the dischargeability |
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6 | 6 | | of debts for certain educational payments and loans. |
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7 | 7 | | IN THE HOUSE OF REPRESENTATIVES |
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8 | 8 | | JANUARY9, 2023 |
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9 | 9 | | Mr. C |
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10 | 10 | | OHEN(for himself, Mr. DAVISof Illinois, Mr. SWALWELL, Ms. |
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11 | 11 | | B |
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12 | 12 | | ROWNLEY, and Mr. KHANNA) introduced the following bill; which was |
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13 | 13 | | referred to the Committee on the Judiciary |
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14 | 14 | | A BILL |
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15 | 15 | | To amend title 11 of the United States Code to modify |
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16 | 16 | | the dischargeability of debts for certain educational pay- |
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17 | 17 | | ments and loans. |
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18 | 18 | | Be it enacted by the Senate and House of Representa-1 |
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19 | 19 | | tives of the United States of America in Congress assembled, 2 |
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20 | 20 | | SECTION 1. SHORT TITLE. 3 |
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21 | 21 | | This Act may be cited as the ‘‘Private Student Loan 4 |
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22 | 22 | | Bankruptcy Fairness Act of 2023’’. 5 |
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23 | 23 | | SEC. 2. EXCEPTIONS TO DISCHARGE. 6 |
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24 | 24 | | Section 523(a)(8) of title 11, United States Code, is 7 |
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25 | 25 | | amended— 8 |
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26 | 26 | | (1) by striking subparagraph (B); and 9 |
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27 | 27 | | VerDate Sep 11 2014 23:25 Jan 17, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H138.IH H138 |
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28 | 28 | | pbinns on DSKJLVW7X2PROD with $$_JOB 2 |
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29 | 29 | | •HR 138 IH |
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30 | 30 | | (2) in subparagraph (A)— 1 |
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31 | 31 | | (A) in clause (i)— 2 |
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32 | 32 | | (i) by striking ‘‘(i)’’; and 3 |
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33 | 33 | | (ii) by inserting ‘‘any program for 4 |
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34 | 34 | | which substantially all of the funds are 5 |
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35 | 35 | | provided by a’’ after ‘‘unit or’’; and 6 |
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36 | 36 | | (B) in clause (ii)— 7 |
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37 | 37 | | (i) by striking ‘‘(ii)’’ and inserting 8 |
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38 | 38 | | ‘‘(B)’’; and 9 |
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39 | 39 | | (ii) by striking ‘‘or’’ at the end. 10 |
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40 | 40 | | SEC. 3. EFFECTIVE DATE; APPLICATION OF AMENDMENTS. 11 |
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41 | 41 | | (a) E |
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42 | 42 | | FFECTIVEDATE.—Except as provided in sub-12 |
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43 | 43 | | section (b), this Act and the amendments made by this 13 |
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44 | 44 | | Act shall take effect on the date of the enactment of this 14 |
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45 | 45 | | Act. 15 |
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46 | 46 | | (b) A |
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47 | 47 | | PPLICATION OFAMENDMENTS.—The amend-16 |
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48 | 48 | | ments made by this Act shall apply only with respect to 17 |
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49 | 49 | | cases commenced under title 11 of the United States Code 18 |
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50 | 50 | | on or after the date of the enactment of this Act. 19 |
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51 | 51 | | Æ |
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52 | 52 | | VerDate Sep 11 2014 23:25 Jan 17, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H138.IH H138 |
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53 | 53 | | pbinns on DSKJLVW7X2PROD with $$_JOB |
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