,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #gbid  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,june #bb1 #bjbj,ms4  
,port] 7= h]self1 ,ms4 ,/efanik1 ,mrs4  
,trahan1 ,ms4 ,adams1 & ,mrs4 ,lee (    
,nevada7 introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,education &  
,labor1 & 9 addition to ! ,committees on
 ! ,judici>y1 & ,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      
susp5d ,f$]al ,p]k9s ,loans repaym5ts   
dur+ ! ,,covid-#ai p&emic1 & = o!r      
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,,covid-#ai ,p]k9s ,loan   
,relief ,act4  #b4 ,l[]+ rates = borr[]s
 ) ,f$]al ,p]k9s loans  7a7 ,susp5sion (
 int]e/  7#a7 ,susp5sion ( int]e/ ,!    
,secret>y ( ,education %all require     
hold]s ( ,f$]al ,p]k9s ,loans to susp5d 
! accrual ( int]e/ on su* loans dur+ !  
,,covid-#ai p&emic4  7#b7 ,requirem5ts  
,"u ! program & effective z ( ,m>* #ac1 

#bjbj1 all hold]s ( ,f$]al ,p]k9s ,loans
 %all-- 7,a7 provide t no int]e/ %all   
accrue on ,f$]al ,p]k9s ,loans until    
,septemb] #cj1 #bjbj2 &  7,b7 provide a 
report to ! ,secret>y ( ,education n    
lat] ?an #cj days aft] ! date ( !       
enactm5t ( ?is ,act confirm+ t no int]e/
 has accru$ on su* loans z ( ,m>* #ac1  
#bjbj4  7#c7 ,repaym5t ( int]e/ ,!      
,secret>y ( ,education %all make paym5ts
 to ! hold]s ( ,f$]al ,p]k9s ,loans on  
behalf ( ea* borr[] ( su* a ,f$]al      
,p]k9s ,loan 9 an am\nt equal to ! total
 am\nt ( ! int]e/ susp5d$ "u p>agraph   
7#a7 ) respect to su* ,f$]al ,p]k9s     
,loan4  7b7 ,susp5sion ( paym5ts  7#a7  
,9 g5]al ,not)/&+ any o!r provision ( ! 
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajga et seq471 ! ,secret>y ( 
,education %all require in/itutions (   
high] education to susp5d all paym5ts   
due f borr[]s ?r\gh ,septemb] #cj1      
#bjbj4  7#b7 ,consid]ation ( paym5ts    
,not)/&+ any o!r provision ( ! ,high]   
,education ,act ( #aife 7#bj ,u4,s4,c4  

#ajja et seq471 ! ,secret>y ( ,education
 %all deem ea* mon? = :i* a loan paym5t 
0 susp5d$ "u ?is subsection z if !      
borr[] ( ! loan _h made a qualifi$      
paym5t = ! purpose ( any loan =giv5ess  
program & loan rehabilitation program   
au?oriz$ "u ! ,high] ,education ,act (  
#aife 7#bj ,u4,s4,c4 #ajga et seq474    
7#c7 ,report+ to consum] report+ ag5cies
 ,dur+ ! p]iod 9 :i* ! borr[] paym5ts on
 a loan are susp5d$ "u ?is subsection1 !
 ,secret>y ( ,education %all ensure t1 =
 ! purpose ( report+ in=mation ab\t !   
loan to a consum] report+ ag5cy1 any    
paym5t t has be5 susp5d$ is treat$ z if 
x 7 a regul>ly s*$ul$ paym5t made by a  
borr[]4  7c7 ,susp5sion ( involunt>y    
collection  7#a7 ,collection by         
in/itutions ,not)/&+ any o!r provision (
 ! ,high] ,education ,act ( #aife 7#bj  
,u4,s4,c4 #ajga et seq471 ! ,secret>y ( 
,education %all require t in/itutions ( 
high] education to susp5d all involunt>y
 collection relat$ to ,f$]al ,p]k9s     
,loans1 ?r\gh ,septemb] #cj1 #bjbj1     

includ+ collect+ a pa/ due ,f$]al ,p]k9s
 ,loan1 assign any ,f$]al ,p]k9s ,loan  
to a collection ag5cy1 or litigat+ )    
respect to su* loan4  7#b7 ,collection  
by ,secret>y ,dur+ ! p]iod beg9n+ on !  
date ( ! enactm5t ( ?is section & end+  
on ,septemb] #cj1 #bjbj1 ! foll[+       
provisions may n apply ) respect to a   
,f$]al ,p]k9s ,loan3 7,a7 ,a wage       
g>ni%m5t au?oriz$ "u section #dhh;,a ( !
 ,high] ,education ,act ( #aife 7#bj    
,u4,s4,c4 #ajie;a7 or section #cgbj;,d (
 title #ca1 ,unit$ ,/ates ,code4  7,b7  
,a r$uction ( tax refund by am\nt ( debt
 au?oriz$ "u section #cgbj;,a ( title   
#ca1 ,unit$ ,/ates ,code1 or section    
#fdjb7;d7 ( ! ,int]nal ,rev5ue ,code (  
#aihf4  7,c7 ,a r$uction ( any o!r      
,f$]al b5efit paym5t by adm9i/rative    
(fset au?oriz$ "u section #cgaf ( title 
#ca1 ,unit$ ,/ates ,code 7includ+ a     
b5efit paym5t due to an individual "u ! 
,social ,security ,act or any o!r       
provision describ$ 9 subsection         
7c77#c77;,a77i7 ( su* section74  7,d7   

,any o!r involunt>y collection activity 
by ! ,secret>y ( ,education4  7d7       
,notice to borr[]s & transition p]iod   
,to in=m borr[]s ( ! actions tak5 9     
accordance ) ?is section & ensure an    
effective transition1 ! ,secret>y (     
,education %all require in/itutions (   
high] education to-- 7#a7 n lat] ?an #ae
 days aft] ! date ( ! enactm5t ( ?is    
,act1 notify borr[]s-- 7,a7 ( ! actions 
tak5 9 accordance ) ?is section = :om   
paym5ts h be5 susp5d$ & no int]e/ %all  
accrue2  7,b7 ( ! actions tak5 9        
accordance ) subsection 7c7 = :om       
collections h be5 susp5d$2  7,c7 ( !    
option to cont9ue mak+ paym5ts t[>d     
pr9cipal2 &  7,d7 t ! program "u ?is    
section %all only be provid$ dur+ !     
,,covid-#ai p&emic2 &  7#b7 beg9n+ on   
,augu/ #a1 #bjbj1 c>ry out a program to 
provide n less ?an #f notices by po/al  
mail1 telephone1 or electronic          
communication to borr[]s indicat+ :5 !  
borr[]'s normal paym5t obligations w    
resume4  7e7 ,waiv]s ,9 c>ry+ out ?is   

section1 ! ,secret>y ( ,education may   
waive ! application (-- 7#a7 sub*apt] ,i
 ( *apt] #ce ( title #dd1 ,unit$ ,/ates 
,code 7commonly kn[n z ! ,pap]work      
,r$uction ,act72  7#b7 ! ma/] cal5d>    
requirem5ts "u section #dhb ( ! ,high]  
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajhi72  7#c7 negotiat$ rulemak+ "u     
section #dib ( ! ,high] ,education ,act 
( #aife 7#bj ,u4,s4,c4 #ajih;a72 &  7#d7
 ! requirem5t to publi% ! notices relat$
 to ! sy/em ( records ( ! ag5cy be=e    
implem5tation requir$ "u p>agraphs 7#d7 
& 7#aa7 ( section #eeb;a7e7 ( title #e1 
,unit$ ,/ates ,code 7commonly kn[n z !  
,privacy ,act ( #aigd71 except t !      
notices %all be publi%$ n lat] ?an #ahj 
days aft] ! date ( enactm5t ( ?is ,act4 
7f7 ,effective date ,?is section %all   
take effect z if includ$ 9 ! enactm5t ( 
! ,,c>es ,act 7,public ,law #aaf-acf74