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Senate Bill 3543
116th Congress(2019-2020)
Public Service Loan Forgiveness Protection Act
Introduced
Introduced
Introduced in Senate on Mar 19, 2020
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Introduced in Senate 
Mar 19, 2020
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Introduced in Senate(Mar 19, 2020)
Mar 19, 2020
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S. 3543 (Introduced-in-Senate)


116th CONGRESS
2d Session
S. 3543


To amend the public service loan forgiveness program under the Higher Education Act of 1965 to waive the requirement that a borrower make a monthly payment during a month for which there is a qualifying emergency in the State in which the borrower is employed.

IN THE SENATE OF THE UNITED STATES

March 19, 2020

Mr. Tester introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions

A BILL

To amend the public service loan forgiveness program under the Higher Education Act of 1965 to waive the requirement that a borrower make a monthly payment during a month for which there is a qualifying emergency in the State in which the borrower is employed.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Public Service Loan Forgiveness Protection Act”.

SEC. 2. Waiver for public service loan forgiveness payments during qualifying emergency.

Section 455(m) of the Higher Education Act of 1965 (20 U.S.C. 1087e(m)) is amended—

(1) in paragraph (1), by striking “The Secretary” and inserting “Except as provided under paragraph (5), the Secretary”; and

(2) by adding at the end the following:

“(5) WAIVER FOR PAYMENTS DURING QUALIFYING EMERGENCY.—

“(A) QUALIFYING EMERGENCY.—The term ‘qualifying emergency’ means—

“(i) a public health emergency declared by the Secretary of Health and Human Services pursuant to section 319 of the Public Health Service Act (42 U.S.C. 247d);

“(ii) an emergency for which a Governor of a State or territory has declared a state of emergency;

“(iii) an event for which the President declared a major disaster or an emergency under section 401 or 501, respectively, of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5170 and 5191); or

“(iv) a national emergency declared by the President under section 201 of the National Emergencies Act (50 U.S.C. 1621).

“(B) WAIVER.—The Secretary may waive the requirement under paragraph (1) that a borrower make a monthly payment during a month for which there is a qualifying emergency in the State in which the borrower is employed. A failure to make a monthly payment pursuant to such waiver shall not disqualify such borrower from receiving loan cancellation pursuant to this subsection.”.