Private Loan Disability Discharge Act of 2023

United States118th CongressHR-4784House of Representatives
Updated: Jul 20, 2023

Summary

Private Loan Disability Discharge Act of 2023 This bill directs the holder of a private education loan to discharge the loan balance for both the borrower and any cosigner in the event of total and permanent disability of the borrower. The bill also extends indefinitely the exclusion of student loan debt discharge from gross income for federal income tax purposes.

Bill texts

Available versions
Introduced (House)View official text

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Timeline

  1. Introduced in House

  2. Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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.

    House of Representatives

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