,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #gaad  ,,in ,,the ,,house ,,of  
,,representatives  ,june #d1 #bjbj,mr4  
,stivers 7for himself and ,miss ,rice of
 ,new ,york7 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 extend and clarify relief
 to ,federal student loan borrowers1 and
 for other purposes4  #a4 ,short title  
,this ,act may be cited as the ,economic
 and ,student ,loan ,debt ,relief ,act  
of #bjbj4  #b4 ,relief for ,federal     
student loan borrowers  7a7 ,extension  
of relief ,section #ceac7;a7 of the     
,,cares ,act 7,public ,law #aaf-acf2    
#acd ,stat4 #bha7 is amended by striking
 ,september #cj1 #bjbj and inserting    
,december #ca1 #bjbj4  7b7 ,notice to   

borrowers ,section #ceac7;g77#b7 of the 
,,cares ,act 7,public ,law #aaf-acf2    
#acd ,stat4 #bha7 is amended by striking
 ,august #a1 #bjbj and inserting        
,november #a1 #bjbj4  7c7 ,resuming     
repayment ,section #ceac of the ,,cares 
,act 7,public ,law #aaf-acf2 #acd ,stat4
 #bha7 is further amended by adding at  
the end the following3  7h7 ,resuming   
repayment ,at the conclusion of the     
period in which the ,secretary suspends 
payments on a loan under subsection     
7a7-- 7#a7 the loan shall enter or      
resume repayment status2  7#b7 the      
borrower's normal payment obligations   
shall resume2  7#c7 beginning on the    
first day after the conclusion of such  
period of suspension1 interest shall    
accrue on the loan at the applicable    
rate of interest in accordance with the 
terms and conditions of the loan2 and   
7#d7 interest that accrues on the loan  
after the conclusion of such period     
shall be paid and capitalized 7if       
applicable7 in accordance with the terms

 and conditions of the loan4  4  #c4    
,exclusion for certain employer payments
 of student loans ,subparagraph 7,b7 of 
section #abg7;c77#a7 of the ,internal   
,revenue ,code of #aihf 7as amended by  
section #bbjf7;a7 of the ,,cares ,act   
7,public ,law #aaf-acf2 #acd ,stat4     
#bha77 is amended by striking in the    
case of payments made before ,january   
#a1 #bjba14