,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #fcfc  ,,in ,,the ,,house ,,of  
,,representatives  ,march #bc1 #bjbj,ms4
 ,pressley 7for herself1 ,ms4 ,omar1    
,mr4 ,richmond1 ,mr4 ,welch1 ,ms4       
,norton1 ,ms4 ,velzquez1 ,ms4 ,castor of
 ,florida1 ,mr4 ,rush1 ,mr4 ,garca of   
,illinois1 ,mr4 ,deutch1 ,ms4 ,tlaib1   
,ms4 ,clarke of ,new ,york1 ,ms4        
,schakowsky1 ,mr4 ,nadler1 ,mrs4        
,napolitano1 ,ms4 ,ocasio-,cortez1 ,mr4 
,grijalva1 ,mr4 ,carson of ,indiana1    
,mr4 ,pocan1 and ,ms4 ,lee of           
,california7 introduced the following   
bill2 which was referred to the         
,committee on ,education and ,labor1 and
 in addition to the ,committee on ,ways 
and ,means1 for a period to be          
subsequently determined by the ,speaker1
 in each case for consideration of such 
provisions as fall within the           
jurisdiction of the committee concerned 
,a ,,bill  ,to amend the ,higher        
,education ,act of #aife to halt        
collection of certain student loans1 and

 for other purposes4  #a4 ,short title  
,this ,act may be cited as the ,student 
,debt ,emergency ,relief ,act4  #b4     
,payments for student loan borrowers as 
a result of a national emergency  7a7   
,payments for student loan borrowers    
during a national emergency  7#a7 ,in   
general ,part ,g of title ,,iv of the   
,higher ,education ,act of #aife 7#bj   
,u4,s4,c4 #ajhh et seq47 is amended by  
inserting after section #dic;,d the     
following3  #dic;,e4 ,payments for      
student loan borrowers during a national
 emergency  7a7 ,definitions ,in this   
section3 7#a7 ,coronavirus ,the term    
coronavirus has the meaning given the   
term in section #ejf of the ,coronavirus
 ,preparedness and ,response            
,supplemental ,appropriations ,act1     
#bjbj 7,public ,law #aaf-abc74  7#b7    
,income-driven repayment ,the term      
income-driven repayment means-- 7,a7    
income-based repayment authorized under 
section #dic;,c for loans made1 insured1
 or guaranteed under part ,b or part ,d2

 or  7,b7 income contingent repayment   
authorized under section #dee7;e7 for   
loans made under part ,d4  7#c7         
,involuntary collection ,the term       
involuntary collection means-- 7,a7 a   
wage garnishment authorized under       
section #dhh;,a of this ,act or section 
#cgbj;,d of title #ca1 ,united ,states  
,code2  7,b7 a reduction of tax refund  
by amount of debt authorized under      
section #cgbj;,a of title #ca1 ,united  
,states ,code2  7,c7 a reduction of any 
other ,federal benefit payment by       
administrative offset authorized under  
section #cgaf of title #ca1 ,united     
,states ,code 7including a benefit      
payment due to an individual under the  
,social ,security ,act or any other     
provision described in subsection       
7c77#c77;,a77i7 of such section72 and   
7,d7 any other involuntary collection   
activity4  7#d7 ,national emergency ,the
 term national emergency means-- 7,a7 a 
public health emergency related to the  
coronavirus that is declared by the     

,secretary of ,health and ,human        
,services pursuant to section #cai of   
the ,public ,health ,service ,act 7#db  
,u4,s4,c4 #bdg;d72 or  7,b7 a national  
emergency related to the coronavirus    
declared by the ,president under the    
,national ,emergencies ,act 7#ej        
,u4,s4,c4 #afja et seq474  7b7 ,national
 emergency student loan repayment       
assistance  7#a7 ,authority ,upon the   
declaration of a national emergency1 the
 ,secretary shall for each borrower of a
 loan made1 insured1 or guaranteed under
 part ,b1 ,d1 or ,e1 pay the total      
amount due for such month on the loan1  
based on the payment plan selected by   
the borrower or the borrower's loan     
status4  7#b7 ,no capitalization of     
interest ,with respect to any loan      
during a national emergency period1     
interest due on loans made1 insured1 or 
guaranteed under part ,b1 ,d1 or ,e     
during such period shall not be         
capitalized at any time during or after 
the national emergency4  7#c7           

,applicability of payments ,any payment 
made by the ,secretary under this       
section shall be considered by the      
,secretary1 or by a lender with respect 
to a loan made1 insured1 or guaranteed  
under part ,b-- 7,a7 as a qualifying    
payment under the public service loan   
forgiveness program under section       
#dee7m71 if the borrower would otherwise
 qualify under such section2  7,b7 in   
the case of a borrower enrolled in an   
income-driven repayment plan1 as a      
qualifying payment for the purpose of   
calculating eligibility for loan        
forgiveness for the borrower in         
accordance with section #dic;,c7b77#g7  
or section #dee7;d77#a77;,d71 as the    
case may be2 and  7,c7 in the case of a 
borrower in default1 as an on-time      
monthly payment for purposes of loan    
rehabilitation pursuant to section      
#dbh;,f7a74  7#d7 ,reporting to consumer
 reporting agencies ,during the period  
in which the ,secretary is making       
payments on a loan under paragraph 7#a71

 the ,secretary shall ensure that1 for  
the purpose of reporting information    
about the loan to a consumer reporting  
agency1 any payment made by the         
,secretary is treated as if it were a   
regularly scheduled payment made by a   
borrower4  7#e7 ,notice of payments and 
program ,not later than #ae days        
following the date of enactment of the  
,student ,debt ,emergency ,relief ,act1 
and monthly thereafter during the period
 of a national emergency1 the ,secretary
 shall provide a notice to all borrowers
 of loans made1 insured1 or guaranteed  
under part ,b1 ,d1 or ,e-- 7,a7         
informing borrowers of the actions taken
 under this section2  7,b7 providing    
borrowers with an easily accessible     
method to opt out of the benefits       
provided under this section2 and  7,c7  
notifying the borrower that the program 
under this section is a temporary       
program and will end after the national 
emergency ends4  7#f7 ,suspension of    
involuntary collection ,in the event of 

a national emergency1 the ,secretary1 or
 other holder of a loan made1 insured1  
or guaranteed under part ,b1 ,d1 or ,e1 
shall immediately take action to halt   
all involuntary collection related to   
the loan4  7#g7 ,mandatory ,forbearance 
,during the period in which the         
,secretary is making payments on a loan 
under paragraph 7#a71 the ,secretary1 or
 a lender or guaranty agency for a loan 
made under part ,b1 shall grant the     
borrower forbearance1 in the form of a  
temporary cessation of all payments on  
the loan other than the payments of     
interest and principal on the loan that 
are made under that paragraph4 ,in the  
case of a borrower who is delinquent but
 who is not yet in default prior to the 
time when the ,secretary begins making  
payments under paragraph 7#a71 the      
,secretary1 or a lender or guaranty     
agency for a loan made under part ,b1   
shall grant the borrower forbearance    
retroactively to address any such       
delinquency4  7c7 ,waiver of interest   

during national emergency               
,notwithstanding any other provision of 
law1 the ,secretary shall pay any       
interest that would otherwise be charged
 or accrue during a national emergency  
on any loan made1 insured1 or guaranteed
 under part ,b1 ,d1 or ,e4  7d7         
,termination and transition period      
,secretary shall make payments on a loan
 under subsection 7b77#a7 until the     
,secretary is authorized by ,congress to
 cease making such payments and to      
terminate the program4 ,upon the        
termination of the authority of the     
,secretary to make payments on a loan   
under subsection 7b77#a71 the ,secretary
 shall carry out a program to provide   
for a transition period of #ij days1    
beginning on the day the termination of 
the authority of the ,secretary to make 
payments on a loan under subsection     
7b77#a71 during which-- 7#a7 the        
,secretary shall provide not less than  
#c notices to borrowers indicating when 
the borrower's normal payment           

obligations will resume2 and  7#b7 any  
missed payments by a borrower under part
 ,b1 ,d1 or ,e shall not-- 7,a7 result  
in fees or penalties2 or  7,b7 be       
reported to any consumer reporting      
agency or otherwise impact the          
borrower's credit history4  7e7         
,implementation in ,,ffel entities ,to  
facilitate implementation of this       
section-- 7#a7 lenders and guaranty     
agencies holding loans made1 insured1 or
 guaranteed under part ,b shall report1 
to the satisfaction of the ,secretary1  
information to verify at the borrower   
level the amount of payments made under 
this section2 and  7#b7 the ,secretary  
shall have the authority to establish a 
payment schedule for purposes of this   
section for loans made1 insured1 or     
guaranteed under part ,b and not held by
 the ,secretary4  7f7 ,waivers ,in      
carrying out this section1 the          
,secretary may waive the application    
of-- 7#a7 subchapter ,i of chapter #ce  
of title #dd1 ,united ,states ,code2    

7#b7 the master calendar requirements   
under section #dhb2  7#c7 negotiated    
rulemaking under section #dib2 and  7#d7
 the requirement to publish the notices 
related to the system of records of the 
agency before implementation required   
under paragraphs 7#d7 and 7#aa7 of      
section #eeb;a7e7 of title #e1 ,united  
,states ,code 7commonly known as the    
,privacy ,act of #aigd71 except that the
 notices shall be published not later   
than #ahj days after the date of        
enactment of the ,student ,debt         
,emergency ,relief ,act4  7g7           
,authorization of mandatory funding for 
implementation  7#a7 ,in general ,there 
are authorized to be appropriated1 and  
there are appropriated1 from amounts in 
the ,treasury not already appropriated--
 7,a7 #ej1jjj1jjj for fiscal year #bjbj 
for the costs associated with           
implementation and coordination required
 of this section2 and  7,b7 such sums as
 are necessary to provide the payments  
and interest cancellation provided under

 this section4  7#b7 ,availability      
,amounts made available under paragraph 
7#a7 shall-- 7,a7 be in addition to any 
other amounts available to carry out    
this section2 and  7,b7 remain available
 until expended4  4  7#b7 ,,ffel        
amendment ,section #dbh7;c77#h7 of the  
,higher ,education ,act of #aife 7#bj   
,u4,s4,c4 #ajgh7;c77#h77 is amended by  
striking and for which and all that     
follows through this subsection4  7b7   
,minimum relief for student loan        
borrowers as a result of a national     
emergency ,part ,g of title ,,iv of the 
,higher ,education ,act of #aife 7#bj   
,u4,s4,c4 #ajhh et seq471 as amended by 
subsection 7a71 is further amended by   
inserting after section #dic;,e the     
following3  #dic;,f4 ,minimum relief for
 student loan borrowers as a result of a
 national emergency  7a7 ,minimum       
student loan relief as a result of a    
national emergency ,not later than #ij  
days after termination of the authority 
of the ,secretary to make payments on a 

loan under section #dic7;,e77b77#a71 the
 ,secretary shall1 for each borrower of 
a loan made under part ,b1 ,d1 or ,e1   
apply to the total outstanding balance  
due on all such loans of the borrower1  
an amount equal to the lesser of-- 7#a7 
the difference between #cj1jjj and the  
total amount of payments made by the    
,secretary under section #dic;,e7b7 on  
such loans of the borrower during the   
period of time when the ,secretary was  
authorized to make payments on a loan   
under section #dic;,e7b77#a72 or  7#b7  
the total amount of outstanding         
principal and interest due on such loans
 of the borrower1 as of the date of the 
calculation under this subsection4  7b7 
,data ,to implement ,contractors of the 
,secretary and lenders and guaranty     
agencies holding loans made1 insured1 or
 guaranteed under part ,b shall report1 
to the satisfaction of the ,secretary1  
the information necessary to calculate  
the amount to be applied under          
subsection 7a74  4  #c4 ,exclusion from 

gross income  7a7 ,in general ,part     
,,iii of subchapter ,b of chapter #a of 
the ,internal ,revenue ,code of #aihf is
 amended by inserting after section     
#aci;,h the following new section3      
#aci;,i4 ,student loan payments         
resulting from a national emergency     
,gross income shall not include any     
payment made on behalf of the taxpayer  
under section #dic;,e7b77#a7 or #dic;,f 
of the ,higher ,education ,act of #aife4
  4  7b7 ,clerical amendment ,the table 
of sections for part ,,iii of subchapter
 ,b of chapter #a of the ,internal      
,revenue ,code of #aihf is amended by   
inserting after the item relating to    
section #aci;,h the following new item3 
,sec4#aci;,i4 ,student loan payments    
resulting from a national emergency4  4 
7c7 ,effective date ,the amendments made
 by this section shall apply to taxable 
years beginning after ,december #ca1    
#bjai4