Library / Laws / 116th / hr / H.R. 7625 / Introduced in House
I
116th CONGRESS
2d Session
H. R. 7625
IN THE HOUSE OF REPRESENTATIVES
July 16, 2020Ms. Craig introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To provide for the release of cosigners on private student loans in the case of the death of the student borrower.
1.
Short title
This Act may be cited as the Ryan Frascone Memorial Student Loan Relief Act of 2020.
2.
Applicability of certain amendments to the Truth in Lending Act
Effective on the date of enactment of the Economic Growth, Regulatory Relief, and Consumer Protection Act (Public Law 115–174), section 601(b) of such Act is amended to read as follows:
(b)
Applicability
The amendments made by subsection (a) shall apply to private education loan agreements entered into before, on, or after the date of enactment of this Act.
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