House Bill 8400
116th Congress(2019-2020)
Parent PLUS Loan Fairness and Responsibility Act
Introduced
Introduced in House on Sep 25, 2020
Origin Chamber
House
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
8400
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 House votes have been held for this bill.
Summary
Parent PLUS Loan Fairness and Responsibility Act
This bill allows parent borrowers to transfer their parent PLUS loans to their child under certain circumstances. Among other requirements for a transfer, the child must demonstrate the ability to repay the loan, as determined by the Department of Education.
September 25, 2020
09/25/2020
Referred to the House Committee on Education and Labor.
09/25/2020
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:44:53 PM