,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #cfcd  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,septemb] #bh1 #bjae  
,ms4 ,wilson ( ,florida introduc$ !     
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,education & ! ,work=ce1 &
 9 addition to ! ,committees on ,ways & 
,means1 ! ,judici>y1 & ,ov]sight &      
,gov]nm5t ,re=m1 = a p]iod to be        
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to e/abli% /ud5t   
loan borr[]s' rights to basic consum]   
protections1 reasonable & flexible      
repaym5t options1 access to e>n$        
cr$5tials1 & effective loan cancellation
 9 ex*ange = public s]vice1 & = o!r     
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,/ud5t ,loan ,debt         
,protection ,act ( #bjae4  ,i ,borr[]s' 
,"r to ,basic ,consum] ,protections     
#aja4 ,dis*>geability ( /ud5t loans 9   
bankruptcy cases ,section #ebc7;a7 (    
title #aa ( ! ,unit$ ,/ates ,code is    

am5d$--  7#a7 by /rik+ p>agraph 7#h72 & 
7#b7 by r$esignat+ p>agraphs 7#i7 ?r\gh 
7#ai7 z p>agraphs 7#h7 ?r\gh 7#ah74     
#ajb4 ,re9/atem5t ( ! #f-ye> ,/atute (  
,limitations = /ud5t loans ,subsection  
7a7 ( section #dhd;,a ( ! ,high]        
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajia;a7a77 is am5d$ to read z foll[s3  
7a7 ,/atute ( limitations ,not)/&+ any  
,f$]al or ,/ate /atutory1 regulatory1 or
 adm9i/rative limitation on ! p]iod )9  
:i* debts may be en=c$--  7#a7 an       
in/itution t receives funds "u ?is title
 may file a suit or initiate or take    
ano!r action = collection ( a refund due
 f a /ud5t on a grant made1 or "w       
assi/ance aw>d$1 "u ?is title1 dur+ !   
#f-ye> p]iod beg9n+ on ! day aft] !     
refund fir/ became due 7exclusive (     
p]iod dur+ :i* ! ,/ate /atute (         
limitations o!rwise applicable to a suit
 "u ?is p>agraph w\ld be toll$ "u ,/ate 
law72  7#b7 a gu>anty ag5cy t has an    
agreem5t ) ! ,secret>y "u section       
#dbh7;c7 may file a suit or initiate or 

take ano!r action = collection ( ! am\nt
 due f a borr[] on a loan made "u "p ,b 
dur+ ! #f-ye> p]iod beg9n+ on ! day aft]
 su* gu>anty ag5cy reimburses ! previ\s 
hold] ( ! loan = its loss on acc\nt ( ! 
default ( ! borr[] 7exclusive ( p]iod   
dur+ :i* ! ,/ate /atute ( limitations   
o!rwise applicable to a suit "u ?is     
p>agraph w\ld be toll$ "u ,/ate law72   
7#c7 an in/itution t has an agreem5t ) !
 ,secret>y pursuant to section #dhg may 
file a suit or initiate or take ano!r   
action = collection ( ! am\nt due f a   
borr[] on a loan made "u "p ,d or ,e    
aft] ! default ( ! borr[] on su* loan   
dur+ ! #f-ye> p]iod beg9n+ on ! day aft]
 ! date ( ! default ( ! borr[] ) respect
 to su* am\nt 7exclusive ( p]iod dur+   
:i* ! ,/ate /atute ( limitations o!rwise
 applicable to a suit "u ?is p>agraph   
w\ld be toll$ "u ,/ate law72 or  7#d7 ! 
,secret>y1 ! ,attorney ,g5]al1 or !     
adm9i/rative head ( ano!r ,f$]al ag5cy1 
z ! case may be1 may file a suit or     
initiate or take ano!r action =         

collection ( a refund due f a /ud5t on a
 grant made "u ?is title1 or = !        
repaym5t ( ! am\nt due f a borr[] on a  
loan made "u ?is title t has be5 assign$
 to ! ,secret>y "u ?is title1 dur+ !    
#f-ye> p]iod beg9n+ on ! day aft] !     
refund or ! am\nt fir/ became due4  4   
#ajc4 ,prohibition ( collection ( /ud5t 
loans ?r\gh c]ta9 (fsets or ?r\gh wage  
g>ni%m5t  7a7 ,prohibition on (fset (   
social security b5efits ,section        
#cgaf7;c77#c77;,a7 ( title #ca1 ,unit$  
,/ates ,code1 is am5d$-- 7#a7 9 clause  
7i71 by /rik+ except z provid$ 9 clause 
7ii7 & ins]t+ except z provid$ 9 clauses
 7ii7 & 7iii72 &  7#b7 by add+ at ! end 
! foll[+ new clause3  7iii7 ,not)/&+    
clause 7i71 any paym5ts due to an       
individual "u ,f$]al b5efits programs   
cit$ "u clause 7i7 %all n be subject to 
(fset "u ?is subsection if ! (fset is = 
paym5ts c]tifi$ by ! ,dep>tm5t (        
,education "u a program adm9i/]$ by !   
,secret>y ( ,education "u title ,,iv ( !
 ,high] ,education ,act ( #aife 7#bj    

,u4,s4,c4 #ajgj et seq474  4  7b7       
,prohibition on (fset ( tax refund      
,section #cgbj;,a7a7 ( title #ca1 ,unit$
 ,/ates ,code1 is am5d$-- 7#a7 by /rik+ 
,any ,f$]al ag5cy & ins]t+ 7#a7 ,except 
z provid$ 9 p>agraph 7#b71 any ,f$]al   
ag5cy2 &  7#b7 by add+ at ! end ! foll[+
 new p>agraph3  7#b7 ,any pa/-due       
legally en=ceable debt ow$ by an        
individual to ! ,dep>tm5t ( ,education  
"u a program adm9i/]$ by ! ,secret>y (  
,education "u title ,,iv ( ! ,high]     
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajgj et seq47 %all n be subject to     
notification "u p>agraph 7#a71 & any    
refund ( ,f$]al taxes paid by !         
individual %all n be subject to r$uction
 "u subsection 7c7 = su* debt4  4  7c7  
,prohibition on wage g>ni%m5t ,section  
#cgbj;,d7a7 ( title #ca1 ,unit$ ,/ates  
,code1 is am5d$-- 7#a7 by /rik+ ,not)/&+
 & ins]t+3 7#a7 ,except z provid$ 9     
p>agraph 7#b7 & not)/&+2 &  7#b7 by add+
 at ! end ! foll[+ new p>agraph3  7#b7  
,any del9qu5t nontax debt ow$ by an     

individual to ! ,dep>tm5t ( ,education  
"u a program adm9i/]$ by ! ,secret>y (  
,education "u title ,,iv ( ! ,high]     
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajgj et seq47 %all n be subject to     
collection "u ?is section ?r\gh g>ni%m5t
 ( disposable pay ( ! individual4  4    
,,ii ,borr[]'s ,"r to ,reasonable &     
,flexible ,repaym5t ,options  #bja4     
,exclusion f gross income = dis*>ge (   
/ud5t loan indebt$ness  7a7 ,9 g5]al    
,p>agraph 7#a7 ( section #ajh7;f7 ( !   
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ if su* dis*>ge & all t foll[s &
 ins]t+ a p]iod4  7b7 ,/ud5t loans      
,p>agraph 7#b7 ( section #ajh7;f7 ( su* 
,code is am5d$ by /rik+ made by-- & all 
t foll[s & ins]t+ ! foll[+3 4 ,su* t]m  
includes indebt$ness us$ to ref9ance    
indebt$ness :i* qualifies z a /ud5t loan
 "u ! prec$+ s5t5ce44  7c7 ,con=m+      
am5dm5ts ,section #ajh7;f7 ( su* ,code  
is am5d$ by /rik+ p>agraphs 7#c7 & 7#d74
  7d7 ,effective date ,! am5dm5ts made  
by ?is section %all apply to dis*>ges ( 

indebt$ness aft] ! date ( ! enactm5t (  
?is ,act4  #bjb4 #ebi plan di/ribution =
 /ud5t loan paym5ts  7a7 ,9 g5]al       
,subp>agraph 7,a7 ( section #ebi7;e77#c7
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ by /rik+ clause 7iii7 & ins]t+ !  
foll[+ new clause3  7iii7 int]e/ or     
pr9cipal paid ) respect to a qualifi$   
education loan 7z def9$ 9 section #bba7 
) respect to a designat$ b5efici>y4  4  
7b7 ,con=m+ am5dm5ts  7#a7 ,section     
#ebi7;e77#c77;,a7 ( su* ,code is am5d$  
by /rik+ ! second s5t5ce4  7#b7 ,section
 #gb7t77#g77;,a7 ( su* ,code is am5d$ by
 ins]t+ det]m9$ )\t reg>d to subp>agraph
 7,a77iii7 !re( aft] section            
#ebi7;e77#c74  7#c7 ,section            
#ecj7;b77#b77;,a77i7 ( su* ,code is     
am5d$ by ins]t+ det]m9$ )\t reg>d to    
subp>agraph 7,a77iii7 !re( aft] section 
#ebi7;e77#c74  7c7 ,effective date ,!   
am5dm5ts made by ?is section %all apply 
to di/ributions made aft] ! date ( !    
enactm5t ( ?is ,act4  #bjc4 ,inclusion (
 ,p>5t ,,plus ,loans 9 ,repaym5t        

,programs  7a7 ,income cont+5t repaym5t 
plan ,section #dee7;d77#a77;,d7 ( !     
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajhg;e7d77#a77;,d77 is am5d$ 
by /rik+ 1 except t ! plan describ$ 9   
?is subp>agraph %all n be available to !
 borr[] ( a ,f$]al ,direct ,,plus loan  
made on behalf ( a dep5d5t /ud5t24  7b7 
,income-,bas$ repaym5t  7#a7 ,section   
#dic;,c ,section #dic;,c ( ! ,high]     
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajih;e7 is am5d$-- 7,a7 9 subsection   
7a7--  7i7 by /rik+ ?is section & all t 
foll[s ?r\gh h>d%ip & ins]t+ ,9 ?is     
section1 ! t]m p>tial f9ancial h>d%ip2 &
  7ii7 by /rik+ 7o!r ?an an except$     
,,plus loan or except$ consolidation    
loan72  7,b7 9 subsection 7b7-- 7i7 9   
p>agraph 7#a71 by /rik+ 7o!r ?an an     
except$ ,,plus loan or except$          
consolidation loan72 &  7ii7 9 p>agraph 
7#f77;,a71 by /rik+ 7o!r ?an an except$ 
,,plus loan or except$ consolidation    
loan72 &  7,c7 9 subsection 7c71 by     
/rik+ 7o!r ?an an except$ ,,plus loan or

 except$ consolidation loan714  7#b7    
,section #dee7;d77#a77;,e7 ,section     
#dee7;d77#a77;,e7 ( su* ,act 7#bj       
,u4,s4,c4 #ajhg;e7d77#a77;,d77 is am5d$ 
by /rik+ 1 except t ! plan describ$ 9   
?is subp>agraph %all n be available to !
 borr[] ( a ,f$]al ,direct ,,plus ,loan 
made on behalf ( a dep5d5t /ud5t or a   
,f$]al ,direct ,consolidation ,loan1 if 
! proce$s ( su* loan 7 us$ to dis*>ge ! 
liability on su* ,f$]al ,direct ,,plus  
,loan or a loan "u section #dbh;,b made 
on behalf ( a dep5d5t /ud5t4  7c7 ,pay  
,z ,y ,e>n ,! income-cont+5t repaym5t   
plan 7bas$ on ! ,presid5t's ,pay ,z ,y  
,e>n repaym5t initiative7 implem5t$ 9   
p>ts #fgd1 #fhb1 & #fhe ( title #cd1    
,code ( ,f$]al ,regulations1 z am5d$ by 
! f9al regulations publi%$ by !         
,dep>tm5t ( ,education 9 ! ,f$]al       
,regi/] on ,novemb] #a1 #bjab 7#gg ,f$4 
,reg4 #ffjhh et seq471 %all be available
 to borr[]s (--  7#a7 a ,f$]al ,direct  
,,plus loan made on behalf ( a dep5d5t  
/ud5t2 &  7#b7 a ,f$]al ,direct         

,consolidation ,loan1 ! proce$s ( :i* 7 
us$ to dis*>ge ! liability on a ,f$]al  
,direct ,,plus ,loan "u "p ,d ( title   
,,iv ( ! ,high] ,education ,act ( #aife 
or a loan "u section #dbh;,b ( su* ,act 
made1 insur$1 or gu>ante$ on behalf ( a 
dep5d5t /ud5t4  7d7 ,loan =giv5ess =    
s]vice 9 areas ( national ne$ ,section  
#dbh,k7a77#b7 ( su* ,act 7#bj ,u4,s4,c4 
#ajgh-aa7;a77#b77 is am5d$-- 7#a7 9     
subp>agraph 7,a71 by /rik+ 7o!r ?an an  
except$ ,,plus loan or an except$       
consolidation loan 7z su* t]ms are def9$
 9 section #dic;,c7a7772 &  7#b7 9      
subp>agraph 7,b71 by /rik+ 7o!r ?an an  
except$ ,,plus loan or an except$       
consolidation loan74  7e7 ,o!r repaym5t 
plans ,any plan = ! repaym5t ( loans    
made "u title ,,iv ( ! ,high] ,education
 ,act ( #aife 7#bj ,u4,s4,c4 #ajgj et   
seq471 :i* is f9aliz$ by ! ,secret>y (  
,education on or aft] ! date ( enactm5t 
( ?is ,act1 %all include ! repaym5t ( a 
loan "u section #dbh;,b ( ! ,high]      
,education ,act ( #aife1 or a ,f$]al    

,direct ,,plus ,loan "u "p ,d ( title   
,,iv ( su* ,act1 t is made1 insur$1 or  
gu>ante$ on behalf ( a dep5d5t /ud5t4   
,,iii ,borr[]s' "r to a mean+ful degree 
#cja4 ,prohibition on susp5sions (      
pr(essional lic5ses = loan default ,no  
evid5ce ( an individual's default on !  
repaym5t ( a loan made1 insur$1 or      
gu>ante$ "u title ,,iv ( ! ,high]       
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajgj et seq47 may be admitt$ into      
evid5ce 9 a ,f$]al or ,/ate proce$+     
involv+ ! individual's pr(essional or   
vocational lic5se4  #cjb4 ,prohibition  
on loss ( access to transcripts = loan  
default ,section #dhg7;a7 ( ! ,high]    
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajid7;a77 7z am5d$ by section #cja7 is 
fur!r am5d$ by add+ at ! end ! foll[+   
new p>agraph3  7#ca7  7,a7 ,! in/itution
 w n prohibit a /ud5t f access+ !       
/ud5t's transcripts1 degree scrolls1 or 
o!r c]tifications ( c\rsework or        
educational atta9m5ts at ! in/itution   
because ! /ud5t is 9 default on !       

repaym5t ( a loan made1 insur$1 or      
gu>ante$ "u ?is title4  7,b7 ,= purposes
 ( ?is p>agraph1 ! t]m /ud5t includes   
=m] /ud5ts4  4  ,,iv ,"r to effective   
loan cancellation = borr[]s engag$ 9    
public s]vice c>e]s  #dja4 ,ext5sion (  
loan cancellation = borr[]s employ$ 9   
public s]vice jobs = #e ye>s ,section   
#dee7m7 ( ! ,high] ,education ,act (    
#aife 7#bj ,u4,s4,c4 #ajhg;e7m77 is     
am5d$--  7#a7 by r$esignat+ p>agraphs   
7#c7 & 7#d7 z p>agraphs 7#d7 & 7#e71    
respectively2 &  7#b7 by ins]t+ aft]    
p>agraph 7#b71 ! foll[+3  7#c7          
,additional loan cancellation = c]ta9   
borr[]s  7,a7 ,9 g5]al ,! ,secret>y     
%all-- 7i7 aft] ! conclusion ( !        
employm5t p]iod describ$ 9 subp>agraph  
7,b77ii7 = an eligible borr[]1 cancel ! 
obligation to repay #aj p]c5t ( !       
balance ( int]e/ & pr9cipal due1 z ( !  
"t ( su* cancellation1 on ! eligible    
,f$]al ,direct ,loans made to ! borr[]  
"u ?is "p2 &  7ii7 aft] ! loan          
cancellation "u clause 7i71 c>ry out su*

 loan cancellation = ea* ye> 9 :i* !    
borr[] makes #ab mon?ly paym5ts on !    
eligible ,f$]al ,direct ,loans pursuant 
to any "o or a comb9ation ( ! repaym5t  
plans describ$ 9 subclauses 7,i7 ?r\gh  
7,,iv7 ( subp>agraph 7,b77i7 & is       
employ$ 9 a public s]vice job dur+ !    
p]iod 9 :i* ! borr[] makes ea* ( su*    
paym5ts1 except t once ! borr[] is      
eligible = ! loan cancellation "u       
p>agraph 7#b7 ! ,secret>y %all c>ry out 
! loan cancellation "u p>agraph 7#b7 9  
lieu ( ! loan cancellation "u ?is       
clause4  7,b7 ,eligible borr[] ,9 ?is   
p>agraph1 an eligible borr[] is a borr[]
 :o-- 7i7 has made #fj mon?ly paym5ts on
 ! eligible ,f$]al ,direct ,loan aft]   
,octob] #a1 #bjae1 pursuant to any "o or
 a comb9ation ( ! foll[+--  7,i7 paym5ts
 "u an income-bas$ repaym5t plan "u     
section #dic;,c2  7,,ii7 paym5ts "u a   
/&>d repaym5t plan "u subsection        
7d77#a77;,a71 bas$ on a #aj-ye> repaym5t
 p]iod2  7,,iii7 mon?ly paym5ts "u a    
repaym5t plan "u subsection 7d77#a7 or  

7g7 ( n less ?an ! mon?ly am\nt         
calculat$ "u subsection 7d77#a77;,a71   
bas$ on a #aj-ye> repaym5t p]iod2 or    
7,,iv7 paym5ts "u an income cont+5t     
repaym5t plan "u subsection             
7d77#a77;,d72 &  7ii7 has be5 employ$ 9 
a public s]vice job dur+ ! p]iod 9 :i* !
 borr[] makes ea* ( ! #fj paym5ts       
describ$ 9 clause 7i74  4