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Senate Bill 1480
117th Congress(2021-2022)
Recognizing Military Service in PSLF Act
Introduced
Introduced
Introduced in Senate on Apr 29, 2021
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Introduced in Senate 
Apr 29, 2021
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Introduced in Senate(Apr 29, 2021)
Apr 29, 2021
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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.
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S. 1480 (Introduced-in-Senate)


117th CONGRESS
1st Session
S. 1480


To direct the Secretary of Education to deem each month for which certain Federal student loans are in deferment during a period of active duty service as months counted toward public service loan forgiveness.

IN THE SENATE OF THE UNITED STATES

April 29, 2021

Ms. Hassan (for herself, Mr. Rubio, Mr. Kaine, Mr. Cramer, Mr. Reed, Ms. Murkowski, and Ms. Duckworth) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions

A BILL

To direct the Secretary of Education to deem each month for which certain Federal student loans are in deferment during a period of active duty service as months counted toward public service loan forgiveness.

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 “Recognizing Military Service in PSLF Act”.

SEC. 2. Active duty deferment periods counted toward public service loan forgiveness.

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

(1) by redesignating paragraphs (2) through (4) as paragraphs (3) through (5), respectively;

(2) in paragraph (1), in the matter preceding subparagraph (A), by striking “paragraph (2)” and inserting “paragraph (3)”; and

(3) by inserting after paragraph (1) the following:

“(2) ACTIVE DUTY DEFERMENT PERIODS.—Notwithstanding any other provision of this subsection, the Secretary shall deem each month for which a loan payment was in deferment under subsection (f)(2) of this section or for which a loan payment was in forbearance under section 685.205(a)(7) of title 34, Code of Federal Regulations, (or similar successor regulations), for a borrower described in subsection (f)(2)(C) as if the borrower of the loan had made a payment for the purpose of public service loan forgiveness under this subsection.”.