Private Student Loan Bankruptcy Fairness Act of 2013

H.R. 532 · 113th Congress · Feb 6, 2013 · Lineage

A BILL

To amend title 11 of the United States Code to modify the dischargeability of debts for certain educational payments and loans.

Section 1 Short title

This Act may be cited as the “Private Student Loan Bankruptcy Fairness Act of 2013”.

Sec. 2 Exceptions to discharge

Section 523(a)(8) of title 11, United States Code, is amended—

(1)

by striking subparagraph (B), and

(2)

in subparagraph (A)—

(A)

in clause (i)—

(i)

by striking “(i)”, and

(ii)

by inserting “any program for which substantially all of the funds are provided by a” after “unit or”, and

(B)

in clause (ii)—

(i)

by striking “(ii)” and inserting “(B)”, and

(ii)

by striking “or” at the end.

Sec. 3 Effective date; application of amendments

(a)

Effective date— Except as provided in subsection (b), this Act and the amendments made by this Act shall take effect on the date of the enactment of this Act.

(b)

Application of amendments— The amendments made by this Act shall apply only with respect to cases commenced under title 11 of the United States Code on or after the date of the enactment of this Act.

Lineage

Feb 6, 2013viewing Introduced in House Mr. Cohen (for himself, Mr. Danny K. Davis of Illinois, Mr. George Miller of California, Mr. Conyers, Ms. Lofgren, Ms. Bordallo, Ms. Chu, Mr. Ellison, Mr. Holt, Mr. Johnson of Georgia, Mr. Rangel, Mr. Waxman, Ms. Lee of California, Mr. Courtney, and Ms. Pingree of Maine) introduced the following bill; which was referred to the Committee on the Judiciary

Private Student Loan Bankruptcy Fairness Act of 2013

Section 1 Short title

Sec. 2 Exceptions to discharge

Sec. 3 Effective date; application of amendments

Cite this provision

Incoming references