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House Bill 4869
116th Congress(2019-2020)
Student Loan Default Reduction Program Act
Introduced
Introduced
Introduced in House on Oct 28, 2019
Overview
Text
Introduced in House 
Oct 28, 2019
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Introduced in House(Oct 28, 2019)
Oct 28, 2019
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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H. R. 4869 (Introduced-in-House)


116th CONGRESS
1st Session
H. R. 4869


To amend the Higher Education Act of 1965 to remove all adverse credit history related to a loan from the credit history of a borrower who has rehabilitated the loan.

IN THE HOUSE OF REPRESENTATIVES

October 28, 2019

Ms. Kendra S. Horn of Oklahoma introduced the following bill; which was referred to the Committee on Education and Labor

A BILL

To amend the Higher Education Act of 1965 to remove all adverse credit history related to a loan from the credit history of a borrower who has rehabilitated the loan.

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 “Student Loan Default Reduction Program Act”.

SEC. 2. Default reduction program.

Section 428F(a)(1)(C) of the Higher Education Act of 1965 (20 U.S.C. 1078–6(a)(1)(C)) is amended by striking “to remove the record of the default from the borrower's credit history” and inserting “to remove any adverse item of information relating to such loan from the borrower’s credit history”.