Senate Bill 2049
116th Congress(2019-2020)
A bill to amend the Higher Education Act of 1965 to automatically discharge the loans of certain veteran borrowers, and for other purposes.
Introduced
Introduced in Senate on Jun 28, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2049
Congress
116
Policy Area
Education
Education
Primary focus of measure is elementary, secondary, or higher education including special education and matters of academic performance, school administration, teaching, educational costs, and student aid.
No Senate votes have been held for this bill.
Summary
This bill requires the Department of Education (ED) to automatically discharge loans under the Federal Family Education Loan program for certain borrowers who are veterans of the U.S. Armed Forces.
Specifically, ED must
- automatically discharge a veteran borrower's loan when the Department of Veterans Affairs has assigned the borrower a rating of total disability for a service-connected disability or has determined the borrower to be unemployable due to a service-connected condition,
- determine whether a state might impose a tax liability for the discharge of such a loan, and
- provide the borrower with a notification related to potential tax liability and an opportunity to opt out of such loan discharge.
June 28, 2019
06/28/2019
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S4678)
06/28/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 1:50:47 PM