,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #eifb  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,septemb] #h1         
#bjaf,ms4 ,bonamici 7= h]self & ,mr4    
,co/ello ( ,p5nsylvania7 introduc$ !    
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,education & ! ,work=ce1 &
 9 addition to ! ,committee on ,ways &  
,means1 = 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 am5d ! ,high] ,education   
,act ( #aife to provide = ! automatic   
rec]tification ( income = income-driv5  
repaym5t plans1 & = o!r purposes4  #a4  
,%ort title ,?is ,act may be cit$ z !   
,/reaml9+ ,income-driv51 ,manageable    
,paym5ts on ,loans = ,education ,act or 
! ,,simple ,act4  #b4 ,notification     
proc$ures = borr[]s :o are del9qu5t on  
loans  7a7 ,am5dm5ts  7#a7 ,notification
 proc$ures ,section #dee7;d7 ( ! ,high] 
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajhg;e7d77 is am5d$ by add+ at ! end ! 

foll[+3  7#f7 ,notification proc$ures = 
borr[]s :o are del9qu5t on loans  7,a7  
,au?ority to obta9 income in=mation ,!  
,secret>y may obta9 su* in=mation z is  
reasonably necess>y reg>d+ ! income &   
family size ( a borr[] describ$ 9 ?is   
p>agraph 7& ! borr[]'s sp\se1 if        
applicable74 ,returns & return in=mation
 7z def9$ 9 section #fajc ( ! ,int]nal  
,rev5ue ,code ( #aihf7 may be obta9$ "u 
?is subp>agraph only to ! ext5t au?oriz$
 by section #fajc7l77#ac7 ( su* ,code1  
except t no?+ 9 ?is subp>agraph or su*  
,code %all be con/ru$ to au?orize !     
,secret>y to obta9 su* returns & return 
in=mation = a borr[] :o is n at lea/ #fj
 days del9qu5t on a loan made "u ?is "p4
 ,! ,secret>y %all e/abli% proc$ures z  
are necess>y to effectively implem5t ?is
 p>agraph4  7,b7 ,borr[] notification ,)
 respect to ea* borr[] ( a loan made "u 
?is "p :o is #fj days del9qu5t on su*   
loan1 ! ,secret>y %all1 at a m9imum & z 
soon z practicable aft] su* #fj-;day    
del9qu5cy1 provide to ! borr[] ! foll[+3

  7i7 ,notification t ! borr[] is at    
lea/ #fj days del9qu5t on ! loan1       
includ+ a description ( ! loan4  7ii7 ,a
 description ( ! repaym5t plans "u :i* !
 borr[] is eligible to repay ! loan4    
7iii7 ,cle> & simple in/ructions on h[  
to select ! repaym5t plans describ$ 9   
clause 7ii7 = ! loan4  7iv7 ,if ! income
 in=mation ( ! borr[] is available to ! 
,secret>y "u subp>agraph 7,a71 bas$ on  
su* income in=mation1 ! am\nt ( ! mon?ly
 paym5ts "u ea* su* repaym5t plan = !   
loan4  7v7 ,an explanation t 9 ! case ( 
a borr[] = :om adju/$ gross income is   
unavailable or does n reasonably reflect
 ! borr[]'s curr5t income--  7,i7 if !  
borr[] selects to repay su* loan        
pursuant to an income-driv5 repaym5t    
plan t def9es discretion>y income 9 su* 
a mann] t an individual n requir$ "u    
section #fjab7;a77#a7 ( ! ,int]nal      
,rev5ue ,code ( #aihf to file a return )
 respect to income taxes impos$ by      
subtitle ,a ( su* ,code may h a         
calculat$ mon?ly paym5t great] ?an #j1 !

 borr[] w be requir$ to provide !       
,secret>y ) o!r docum5tation ( income   
satisfactory to ! ,secret>y1 :i*        
docum5tation ! ,secret>y may use to     
det]m9e an appropriate repaym5t s*$ule2 
or  7,,ii7 if ! borr[] selects to repay 
su* loan pursuant to an income-driv5    
repaym5t plan t is n describ$ 9         
subclause 7,i71 ! borr[] w n be requir$ 
to provide ! ,secret>y ) su* o!r        
docum5tation ( income1 & ! borr[] w h a 
calculat$ mon?ly paym5t ( #j4  7vi7 ,an 
explanation t ! ,secret>y %all take !   
actions "u subp>agraph 7,d7 ) respect to
 su* borr[] if ! borr[] is #abj days    
del9qu5t on ! loan & has n select$ a new
 repaym5t plan = ! loan4  7vii7         
,in/ructions on updat+ ! in=mation ( !  
borr[] obta9$ "u subp>agraph 7,a74  7,c7
 ,initial selection ( plan ,) respect to
 ea* borr[] ( a loan made "u ?is "p :o  
does n select a new repaym5t plan = !   
loan 9 accordance ) ! notice receiv$ "u 
subp>agraph 7,b71 & :o is #abj days     
del9qu5t on ! loan1 ! ,secret>y1 z soon 

z practicable aft] su* #abj-;day        
del9qu5cy1 %all--  7i7 9 a case 9 :i* ! 
loan is eligible = an income-driv5      
repaym5t plan-- 7,i7 provide ! borr[] ) 
! income-driv5 repaym5t plan = :i* !    
loan is eligible & :i* requires ! l[e/  
mon?ly paym5t am\nt = su* loan1 comp>$  
to ! o!r su* plans = :i* ! loan is      
eligible1 or if ! loan is eligible = m  
?an "o income-driv5 repaym5t plan t has 
! same su* l[e/ mon?ly paym5t am\nt1    
provide ! borr[] ) su* income-driv5     
repaym5t plan t has ! mo/ favorable t]ms
 = ! borr[]2  7,,ii7 if ! plan describ$ 
9 subclause 7,i7 is n ! income-driv5    
plan t w\ld h ! l[e/ mon?ly paym5t am\nt
 = ! loan if ! loan 7 eligible = su*    
plan1 notify ! borr[] ( ! actions1 if   
any1 ! borr[] may take = su* loan to    
become eligible = su* income-driv5      
repaym5t plan2 &  7,,iii7 au?orize !    
borr[] to *ange ! ,secret>y's selection 
( a plan "u ?is clause to any plan      
describ$ 9 p>agraph 7#a7 = :i* ! borr[] 
is eligible2 &  7ii7 9 a case 9 :i* !   

loan is ineligible = an income-driv5    
repaym5t plan1 ! ,secret>y %all notify !
 borr[] ( any actions1 if any1 ! borr[] 
may take = su* loan to become eligible =
 su* a plan4  7,d7 ,additional selection
 ( plan ,) respect to ea* borr[] ( a    
loan made "u ?is "p :o selects a new    
repaym5t plan 9 accordance ) ! notice   
receiv$ "u subp>agraph 7,b71 & :o       
cont9ues to be del9qu5t on su* loan = a 
p]iod aft] su* selection t ! ,secret>y  
det]m9es is suffici5t to indicate t !   
borr[] may b5efit f repay+ su* loan "u a
 new repaym5t plan1 b su* p]iod is n    
less ?an a #fj-;day p]iod1 ! ,secret>y1 
z soon z practicable aft] su* p]iod1    
%all c>ry out ! proc$ures "u ?is        
p>agraph = su* loan4  7,e7 ,opt-out ,!  
,secret>y %all au?orize a borr[] to     
opt-out ( ! proc$ures "u ?is p>agraph4  
4  7#b7 ,def9ition ( income-driv5       
repaym5t plan ,section #dee7;d7 ( !     
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajhg;e7d77 is fur!r am5d$ by 
add+ at ! end ! foll[+3  7#g7 ,def9ition

 ,9 ?is section1 ! t]m income-driv5     
repaym5t plan means a plan describ$ 9   
subp>agraph 7,d7 or 7,e7 ( p>agraph     
7#a74  4  7#c7 ,*ang+ plans ,section    
#dic;,c ( ! ,high] ,education ,act (    
#aife 7#bj ,u4,s4,c4 #ajih;e7 is am5d$  
by add+ at ! end ! foll[+3  7f7 ,*ang+  
plans ,a borr[] *ang+ f income-bas$     
repaym5t "u ?is section to a diff]5t    
repaym5t plan %all n be requir$ to pay !
 "o mon?ly paym5t "u ! /&>d repaym5t    
plan describ$ 9 section #fhb4bae7;d77#c7
 or #fhe4bba7;d77#b7 ( title #cd1 ,code 
( ,f$]al ,regulations 7or successor     
regulations7 or any o!r am\nt4  4  7b7  
,effective date2 application  7#a7      
,automatic enrollm5t ,! am5dm5ts made by
 p>agraphs 7#a7 & 7#b7 ( subsection 7a7 
%all-- 7,a7 take effect z soon z        
practicable aft] ! ,secret>y (          
,education f9alizes ! proc$ures "u      
section #d ( ?is ,act1 b n lat] ?an #b  
ye>s aft] ! date ( enactm5t ( su* ,act2 
&  7,b7 apply ) respect to any loan made
 "u "p ,d ( title ,,iv ( ! ,high]       

,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajhg;a et seq47 to a new borr[] 7def9$ 
9 section #ajc ( ! ,high] ,education    
,act ( #aife 7#bj ,u4,s4,c4 #ajjc77 on  
or aft] ! date on :i* su* am5dm5ts take 
effect4  7#b7 ,*ang+ plans ,! am5dm5t   
made by subsection 7a77#c7 %all take    
effect on ! date ( enactm5t ( ?is ,act4 
#c4 ,automatic rec]tification ( income  
7a7 ,income-,cont+5t repaym5t ,section  
#dee7;e7 ( ! ,high] ,education ,act (   
#aife 7#bj ,u4,s4,c4 #ajhg;e7e77 is     
am5d$ by add+ at ! end ! foll[+3  7#h7  
,automatic rec]tification  7,a7 ,9 g5]al
 ,beg9n+ z soon z practicable aft] !    
,secret>y f9alizes ! proc$ures "u       
section #d ( ! ,/reaml9+ ,income-driv51 
,manageable ,paym5ts on ,loans =        
,education ,act1 b n lat] ?an #b ye>s   
aft] ! date ( enactm5t ( su* ,act1 !    
,secret>y %all e/abli% & implem5t       
proc$ures = ! foll[+3  7i7 ,) respect to
 any borr[] :o1 on or aft] ! date on :i*
 ! ,secret>y e/abli%es proc$ures = ?is  
subp>agraph1 selects 7or = :om !        

,secret>y selects7 income cont+5t       
repaym5t = repaym5t ( a loan made "u ?is
 "p--  7,i7 obta9 7= ea* ye> ( su*      
repaym5t & )\t fur!r action by ! borr[]7
 su* in=mation z is reasonably necess>y 
reg>d+ ! income ( su* borr[] 7& !       
borr[]'s sp\se1 if applicable71 = !     
purpose ( det]m9+ ! repaym5t obligation 
( ! borr[] = su* ye>1 includ+ in=mation 
) respect to ! borr[]'s family size 9   
accordance ) ! proc$ures "u section #d (
 ! ,/reaml9+ ,income-driv51 ,manageable 
,paym5ts on ,loans = ,education ,act2   
7,,ii7 all[ ! borr[] to opt-out1 at     
anytime1 ( ! ,secret>y be+ able to obta9
 in=mation "u subclause 7,i7 )\t fur!r  
action by ! borr[]2 &  7,,iii7 provide !
 borr[] ) an opportunity to update !    
in=mation obta9$ "u subclause 7,i7 be=e 
! det]m9ation ( ! annual repaym5t       
obligation ( ! borr[]2 &  7,,iv7 9 !    
case ( a borr[] = :om adju/$ gross      
income is unavailable or does n         
reasonably reflect ! borr[]'s curr5t    
income--  7aa7 if ! borr[] selects to   

repay su* loan pursuant to an           
income-driv5 repaym5t plan t def9es     
discretion>y income 9 su* a mann] t an  
individual n requir$ "u section         
#fjab7;a77#a7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf to file a return ) respect to  
income taxes impos$ by subtitle ,a ( su*
 ,code may h a calculat$ mon?ly paym5t  
great] ?an #j1 su* borr[] w be requir$  
to provide ! ,secret>y ) o!r            
docum5tation ( income satisfactory to ! 
,secret>y1 :i* docum5tation ! ,secret>y 
may use to det]m9e an appropriate       
repaym5t s*$ule2 or  7bb7 if ! borr[]   
selects to repay su* loan pursuant to an
 income-driv5 repaym5t plan t is n      
describ$ 9 item 7aa71 ! borr[] w n be   
requir$ to provide ! ,secret>y ) su* o!r
 docum5tation ( income1 & ! borr[] w h a
 calculat$ mon?ly paym5t ( #j4  7ii7 ,) 
respect to any borr[] :o selects income 
cont+5t repaym5t = repaym5t ( a loan    
made "u ?is "p be=e ! date on :i* !     
,secret>y e/abli%es proc$ures = ?is     
subp>agraph1 ! ,secret>y--  7,i7 %all   

provide su* borr[] ) ! ability to opt   
into ! proc$ures describ$ 9 clause 7i72 
&  7,,ii7 until ! borr[] has opt$ into  
su* proc$ures1 %all n be able to obta9  
in=mation "u clause 7i77,i7 )\t fur!r   
action by ! borr[]4  7,b7 ,returns &    
return in=mation ,returns & return      
in=mation 7z def9$ 9 section #fajc ( !  
,int]nal ,rev5ue ,code ( #aihf7 may be  
obta9$ "u subp>agraph 7,a77i77,i7 only  
to ! ext5t au?oriz$ by section          
#fajc7l77#ac7 ( su* ,code4  7,c7 ,o!r   
requirem5ts ,! proc$ures e/abli%$ by !  
,secret>y "u ?is p>agraph %all be       
consi/5t ) ! requirem5ts ( p>agraphs    
7#a7 ?r\gh 7#g71 except z o!rwise       
provid$ 9 ?is p>agraph4  7#i7 ,outrea*  
,beg9n+ z soon z practicable aft] !     
,secret>y f9alizes ! proc$ures "u       
section #d ( ! ,/reaml9+ ,income-driv51 
,manageable ,paym5ts on ,loans =        
,education ,act1 b n lat] ?an #b ye>s   
aft] ! date ( enactm5t ( su* ,act1 !    
,secret>y %all--  7,a7 in=m borr[]s     
repay+ a loan made "u ?is "p pursuant to

 an income-driv5 repaym5t plan 7def9$ 9 
section #dee7;d77#g77 ( ! b5efits (     
automatic rec]tification proc$ures "u   
p>agraph 7#h77;,a77i72 &  7,b7 enc\rage 
su* borr[]s to opt into su* automatic   
rec]tification4  4  7b7 ,income-,bas$   
repaym5t ,section #dic;,c7c7 ( ! ,high] 
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajih;e7c77 is am5d$ by add+ at ! end ! 
foll[+3 ,beg9n+ z soon z practicable    
aft] ! ,secret>y f9alizes ! proc$ures "u
 section #d ( ! ,/reaml9+ ,income-driv51
 ,manageable ,paym5ts on ,loans =       
,education ,act1 b n lat] ?an #b ye>s   
aft] ! date ( enactm5t ( su* ,act1 !    
,secret>y %all c>ry out ! proc$ures "u  
#dee7;e77#h7 ) respect to income-bas$   
repaym5t "u ?is section44  #d4 ,/udy &  
proc$ures on det]m9+ family size  7a7 ,9
 g5]al ,n lat] ?an #a ye> aft] ! date ( 
! enactm5t ( ?is ,act1 ! ,secret>y (    
,education %all--  7#a7 jo9tly ) !      
,secret>y ( ! ,treasury1 conduct a /udy1
 :i* meets ! specifications describ$ 9  
subsection 7b71 on ! effect ( us+ data f

 ! ,int]nal ,rev5ue ,s]vice on !        
d$uction = p]sonal exemptions provid$ by
 section #aea ( ! ,int]nal ,rev5ue ,code
 ( #aihf = a proxy = family size 9 an   
income-driv5 repaym5t plan1 & publi% su*
 /udy 9 ! ,f$]al ,regi/]2  7#b7 use !   
results ( ! /udy conduct$ "u p>agraph   
7#a7 to develop proc$ures = det]m9+     
family size = ! automatic rec]tification
 ( income = an income-driv5 repaym5t    
plan 9 a mann] t m9imizes burd5s &      
un9t5d$ h>m to borr[]s2  7#c7 publi% !  
proc$ures develop$ "u p>agraph 7#b7 9 ! 
,f$]al ,regi/]2 &  7#d7 aft] a notice & 
comm5t p]iod on su* proc$ures1 use su*  
comm5ts to f9alize ! proc$ures4  7b7    
,specifications ,! /udy conduct$ "u     
subsection 7a77#a7 %all-- 7#a7 det]m9e  
h[ closely su* p]sonal exemptions mat* !
 family size t borr[]s report on _!     
income-driv5 repaym5t plan reque/ =m2   
7#b7 comp>e ! borr[]'s actual mon?ly    
paym5t am\nt ) ! mon?ly paym5t am\nt    
borr[]s w\ld h us+ family size in=mation
 d]iv$ f tax returns2 &  7#c7 use data f

 m ?an "o ye>1 :]e possible1 to analyze 
h[ mu* family size *anges ov] "t4  7c7  
,def9ition ,! t]m income-driv5 repaym5t 
plan has ! mean+ giv5 ! t]m 9 section   
#dee7;d77#g7 ( ! ,high] ,education ,act 
( #aife1 z am5d$ by ?is ,act4  #e4      
,disclosure ( tax return in=mation to   
c>ry out income cont+5t repaym5t ( /ud5t
 loans  7a7 ,repeal ( t]m9ation ,section
 #fajc7l77#ac7 ( ! ,int]nal ,rev5ue     
,code ( #aihf is am5d$ by /rik+         
subp>agraph 7,d74  7b7 ,disclosure to   
contractors  7#a7 ,9 g5]al ,section     
#fajc7l77#ac7 ( su* ,code1 z am5d$ by   
subsection 7a71 is am5d$ by r$esignat+  
subp>agraph 7,c7 z subp>agraph 7,d7 & by
 ins]t+ aft] subp>agraph 7,b7 ! foll[+  
new subp>agraph3  7,c7 ,disclosure to   
c]ta9 contractors ,(fic]s & employees ( 
! ,dep>tm5t ( ,education may disclose ! 
in=mation describ$ 9 subp>agraph 7,a7 to
 contractors ( ! ,dep>tm5t ( ,education 
to ! ext5t necess>y = ! purposes        
describ$ 9 subp>agraph 7,b74  4  7#b7   
,con=m+ am5dm5ts  7,a7 ,section         

#fajc7;a77#c7 ( su* ,code is am5d$ by   
ins]t+ 7#ac71 aft] 7#ab714  7,b7        
,section #fajc7p77#d7 ( su* ,code is    
am5d$ by ins]t+ 7#ac71 aft] 7l77#aj71   
ea* place x occurs4  7c7 ,disclosure (  
in=mation reg>d+ p]sonal exemptions     
,section #fajc7l77#ac77;,a7 ( su* ,code 
is am5d$ by /rik+ & at ! end ( clause   
7ii71 by /rik+ ! p]iod at ! end ( clause
 7iii7 & ins]t+ 1 &1 & by ins]t+ aft]   
clause 7iii7 ! foll[+3  7iv7 ! p]sonal  
exemptions ( su* taxpay] provid$ by     
section #aea4  4  7d7 ,use ( disclos$   
in=mation = enrollm5t 9 income-,driv5   
repaym5t plan ,section                  
#fajc7l77#ac77;,b7 ( su* ,code is       
am5d$-- 7#a7 by /rik+ to ! ext5t        
necess>y 91 e/abli%+ & ins]t+  to !     
ext5t necess>y 9-- 7i7 e/abli%+  1  7#b7
 by /rik+ ! p]iod at ! end & ins]t+ 1 &1
 &  7#c7 by add+ at ! end ! foll[+ new  
clause3  7ii7 enroll+ borr[]s :o are at 
lea/ #abj days del9qu5t on a loan 9 an  
income-driv5 repaym5t plan 7z def9$ 9   
section #dee7;d77#g7 ( ! ,high]         

,education ,act ( #aife74  4  7e7 ,use (
 disclos$ in=mation = annual            
rec]tifications  7#a7 ,9 g5]al ,section 
#fajc7l77#ac77;,b77i7 ( su* ,code1 z    
am5d$ by subsection 7d71 is am5d$ by    
ins]t+ 7includ+ annual rec]tification7  
aft] applicable /ud5t loan4  7#b7 ,loans
 to :i* annual rec]tification applies   
,section #fajc7l77#ac77;,d71 z am5d$ by 
subsections 7a7 & 7b71 is am5d$ by /rik+
 & at ! end ( clause 7i71 by /rik+ !    
p]iod at ! end ( clause 7ii7 & ins]t+ 1 
&1 & by add+ at ! end ! foll[+ new      
clause3  7iii7 ) respect to any annual  
rec]tification ref]r$ to 9 subp>agraph  
7,b77i71 any loan made "u "p ,b or ,d ( 
title ,,iv ( ! ,high] ,education ,act ( 
#aife4  4  7f7 ,effective date ,!       
am5dm5ts made by ?is section %all apply 
to disclosures made aft] ! date ( !     
enactm5t ( ?is ,act4