,,ib ,union ,cal5d> ,no4 #efe #aaf?     
,,congress  #b;d ,session  ,h4 ,r4 #dede
 ,report ,no4 #aaf-fhb1 ,"p ,i ,,9 ,,!  
,,h\se ,,( ,,repres5tatives  ,septemb]  
#bg1 #bjai,ms4 ,dean introduc$ ! foll[+ 
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices1 & 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$  ,decemb] #ba1        
#bjbj;,additional sponsors3 ,mr4 ,ca/5 (
 ,ill9ois1 ,mr4 ,%]man1 ,mr4 ,pallone1 &
 ,mr4 ,kildee  ,decemb] #ba1            
#bjbj,report$ f ! ,committee on         
,f9ancial ,s]vices ) an amendment,strike
 out all aft] ! enact+ clause & ins]t ! 
"p pr9t$ 9 italic  ,decemb] #ba1        
#bjbj;,committee on ,ways & ,means      
dis*>g$2 committ$ to ! ,committee ( !   
,:ole ,h\se on ! ,/ate ( ! ,union &     
ord]$ to be printed,for text ( introduc$
 bill1 see copy ( bill z introduc$ on   
,septemb] #bg1 #bjai  ,a ,,bill  ,to    

provide = ! dis*>ge ( a private         
education loan 9 ! case ( dea? or total 
& p]man5t disability ( a /ud5t obligor1 
& = o!r purposes4  #a4 ,%ort title ,?is 
,act may be cit$ z ! ,private ,loan     
,disability ,dis*>ge ,act ( #bjai4  #b4 
,protections = obligors & cosign]s 9    
case ( dea? or total & p]man5t          
disability  7a7 ,9 g5]al ,section       
#adj7;g7 ( ! ,tru? 9 ,l5d+ ,act 7#ae    
,u4,s4,c4 #afej7;g77 is am5d$-- 7#a7 9  
p>agraph 7#b7-- 7,a7 9 ! head+1 by /rik+
 9 case ( dea? ( borr[]2  7,b7 9        
subp>agraph 7,a71 by ins]t+ aft] ( !    
dea?1 ! foll[+3 or total & p]man5t      
disability2 &  7,c7 9 subp>agraph 7,c71 
by ins]t+ aft] ( ! dea?1 ! foll[+3 or   
total & p]man5t disability2 &  7#b7 by  
add+ at ! end ! foll[+3  7#c7 ,dis*>ge 9
 case ( dea? or total & p]man5t         
disability ( borr[] ,! hold] ( a private
 education loan %all1 :5 notifi$ ( !    
dea? or total & p]man5t disability ( a  
/ud5t obligor1 dis*>ge ! liability ( !  
/ud5t obligor on ! loan & may n1 aft]   

su* notification-- 7,a7 attempt to      
collect on ! out/&+ liability ( ! /ud5t 
obligor2 &  7,b7 9 ! case ( total &     
p]man5t disability1 monitor ! disability
 /atus ( ! /ud5t obligor at any po9t    
aft] ! date ( dis*>ge4  7#d7 ,total &   
p]man5t disability def9$ ,= ! purposes (
 ?is subsection & ) respect to an       
individual1 ! t]m total & p]man5t       
disability means ! individual is totally
 & p]man5tly disabl$1 z su* t]m is def9$
 9 section #fhe4ajb7;b7 ( title #cd ( ! 
,code ( ,f$]al ,regulations4  7#e7      
,private dis*>ge 9 cases ( c]ta9 dis*>ge
 = dea? or disability ,! hold] ( a      
private education loan %all1 :5 notifi$ 
( ! dis*>ge ( liability ( a /ud5t       
obligor on a loan describ$ "u section   
#ajh7;f77#e77;,a7 ( ! ,int]nal ,rev5ue  
,code ( #aihf1 dis*>ge any liability ( !
 /ud5t obligor 7& any cosign]7 on any   
private education loan :i* ! private    
education loan hold] holds & may n1 aft]
 su* notification-- 7,a7 attempt to     
collect on ! out/&+ liability ( ! /ud5t 

obligor2 &  7,b7 9 ! case ( total &     
p]man5t disability1 monitor ! disability
 /atus ( ! /ud5t obligor at any po9t    
aft] ! date ( dis*>ge4  4  7b7 ,tax     
liability ,section #ajh7;f77#e77;,a7 ( !
 ,int]nal ,rev5ue ,code ( #aihf 7#bf    
,u4,s4,c4 #ajh7;f77#e77;,a77 is am5d$-- 
7#a7 by /rik+ 1 & be=e ,janu>y #a1      
#bjbf2  7#b7 9 clause 7ii71 by /rik+ or2
  7#c7 by r$esignat+ clause 7iii7 z     
clause 7iv72 &  7#d7 by ins]t+ aft]     
clause 7ii7 ! foll[+3  7iii7 pursuant to
 p>agraph 7#c7 or 7#e7 ( section        
#adj7;g7 ( ! ,tru? 9 ,l5d+ ,act1 or  4  
7c7 ,rulemak+ ,! ,director ( ! ,bureau (
 ,consum] ,f9ancial ,protection may     
issue rules to implem5t ! am5dm5ts made 
by subsection 7a7 z ! ,director det]m9es
 appropriate4  7d7 ,effective date ,!   
am5dm5ts made by ?is section %all take  
effect #a ye> aft] ! date ( ! enactm5t (
 ?is ,act4  ,decemb] #ba1 #bjbj,report$ 
f ! ,committee on ,f9ancial ,s]vices )  
an amendment,december #ba1              
#bjbj;,committee on ,ways & ,means      

dis*>g$2 committ$ to ! ,committee ( !   
,:ole ,h\se on ! ,/ate ( ! ,union &     
ord]$ to be pr9t$