Bill Sponsor
House Bill 4584
115th Congress(2017-2018)
Student Security Act of 2017
Introduced
Introduced
Introduced in House on Dec 7, 2017
Overview
Text
Introduced
Dec 7, 2017
Latest Action
Jan 5, 2018
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
4584
Congress
115
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.
Sponsorship by Party
Republican
Virginia
Republican
Florida
Republican
Florida
Republican
North Carolina
Republican
North Carolina
Republican
Pennsylvania
Republican
Virginia
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

Student Security Act of 2017

This bill amends the Higher Education Act of 1965 to require the Department of Education and the Social Security Administration to jointly carry out a student loan forgiveness program that will forgive Federal Direct loans in exchange for delayed eligibility for old-age insurance benefits under the Social Security Act.

In addition, the bill authorizes the transfer of amounts from the Federal Old-Age and Survivors Insurance Trust Fund into the Federal Disability Insurance Trust Fund if borrowing is necessary to pay full benefit payments from the Federal Disability Insurance Trust Fund.

The bill amends the Internal Revenue Code to expand the exclusion from gross income of income attributable to the discharge of student loan indebtedness to include indebtedness discharged under the program.

Text (1)
December 7, 2017
Actions (3)
01/05/2018
Referred to the Subcommittee on Social Security.
12/07/2017
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, 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.
12/07/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:39:17 PM