,i #aafth ,,congress #b;d ,session ,h4 ,r4 #gbid ,,in ,,the ,,house ,,of ,,representatives ,june #bb1 #bjbj,ms4 ,porter 7for herself1 ,ms4 ,stefanik1 ,mrs4 ,trahan1 ,ms4 ,adams1 and ,mrs4 ,lee of ,nevada7 introduced the following bill2 which was referred to the ,committee on ,education and ,labor1 and in addition to the ,committees on the ,judiciary1 and ,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 suspend ,federal ,perkins ,loans repayments during the ,,covid-#ai pandemic1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,,covid-#ai ,perkins ,loan ,relief ,act4 #b4 ,lowering rates for borrowers with ,federal ,perkins loans 7a7 ,suspension of interest 7#a7 ,suspension of interest ,the ,secretary of ,education shall require holders of ,federal ,perkins ,loans to suspend the accrual of interest on such loans during the ,,covid-#ai pandemic4 7#b7 ,requirements ,under the program and effective as of ,march #ac1 #bjbj1 all holders of ,federal ,perkins ,loans shall-- 7,a7 provide that no interest shall accrue on ,federal ,perkins ,loans until ,september #cj1 #bjbj2 and 7,b7 provide a report to the ,secretary of ,education not later than #cj days after the date of the enactment of this ,act confirming that no interest has accrued on such loans as of ,march #ac1 #bjbj4 7#c7 ,repayment of interest ,the ,secretary of ,education shall make payments to the holders of ,federal ,perkins ,loans on behalf of each borrower of such a ,federal ,perkins ,loan in an amount equal to the total amount of the interest suspended under paragraph 7#a7 with respect to such ,federal ,perkins ,loan4 7b7 ,suspension of payments 7#a7 ,in general ,notwithstanding any other provision of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajga et seq471 the ,secretary of ,education shall require institutions of higher education to suspend all payments due from borrowers through ,september #cj1 #bjbj4 7#b7 ,consideration of payments ,notwithstanding any other provision of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja et seq471 the ,secretary of ,education shall deem each month for which a loan payment was suspended under this subsection as if the borrower of the loan had made a qualified payment for the purpose of any loan forgiveness program and loan rehabilitation program authorized under the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajga et seq474 7#c7 ,reporting to consumer reporting agencies ,during the period in which the borrower payments on a loan are suspended under this subsection1 the ,secretary of ,education shall ensure that1 for the purpose of reporting information about the loan to a consumer reporting agency1 any payment that has been suspended is treated as if it were a regularly scheduled payment made by a borrower4 7c7 ,suspension of involuntary collection 7#a7 ,collection by institutions ,notwithstanding any other provision of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajga et seq471 the ,secretary of ,education shall require that institutions of higher education to suspend all involuntary collection related to ,federal ,perkins ,loans1 through ,september #cj1 #bjbj1 including collecting a past due ,federal ,perkins ,loan1 assign any ,federal ,perkins ,loan to a collection agency1 or litigating with respect to such loan4 7#b7 ,collection by ,secretary ,during the period beginning on the date of the enactment of this section and ending on ,september #cj1 #bjbj1 the following provisions may not apply with respect to a ,federal ,perkins ,loan3 7,a7 ,a wage garnishment authorized under section #dhh;,a of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajie;a7 or section #cgbj;,d of title #ca1 ,united ,states ,code4 7,b7 ,a reduction of tax refund by amount of debt authorized under section #cgbj;,a of title #ca1 ,united ,states ,code1 or section #fdjb7;d7 of the ,internal ,revenue ,code of #aihf4 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 section74 7,d7 ,any other involuntary collection activity by the ,secretary of ,education4 7d7 ,notice to borrowers and transition period ,to inform borrowers of the actions taken in accordance with this section and ensure an effective transition1 the ,secretary of ,education shall require institutions of higher education to-- 7#a7 not later than #ae days after the date of the enactment of this ,act1 notify borrowers-- 7,a7 of the actions taken in accordance with this section for whom payments have been suspended and no interest shall accrue2 7,b7 of the actions taken in accordance with subsection 7c7 for whom collections have been suspended2 7,c7 of the option to continue making payments toward principal2 and 7,d7 that the program under this section shall only be provided during the ,,covid-#ai pandemic2 and 7#b7 beginning on ,august #a1 #bjbj1 carry out a program to provide not less than #f notices by postal mail1 telephone1 or electronic communication to borrowers indicating when the borrower's normal payment obligations will resume4 7e7 ,waivers ,in carrying out this section1 the ,secretary of ,education may waive the application of-- 7#a7 subchapter ,i of chapter #ce of title #dd1 ,united ,states ,code 7commonly known as the ,paperwork ,reduction ,act72 7#b7 the master calendar requirements under section #dhb of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhi72 7#c7 negotiated rulemaking under section #dib of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajih;a72 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 this ,act4 7f7 ,effective date ,this section shall take effect as if included in the enactment of the ,,cares ,act 7,public ,law #aaf-acf74