,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #cgde  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #ad1 #bjbj,mr4    
,durb9 7= himself1 ,mr4 ,br[n1 & ,ms4   
,w>r57 introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,heal?1 ,education1 ,labor1 & ,p5sions  
,a ,,bill  ,to direct ! ,secret>y (     
,education to provide relief to borr[]s 
( /ud5t loans = :om ! ,dep>tm5t (       
,education f\nd misrepres5tation by !   
in/itution ( high] education or a ,/ate 
attorney g5]al has ass]t$ a "r to borr[]
 def5se dis*>ge4  #a4 ,%ort title ,?is  
,act may be cit$ z ! ,coronavirus       
,em]g5cy ,borr[] ,def5se ,act ( #bjbj or
 ! ,coronavirus ,e-,,bd ,act ( #bjbj4   
#b4 ,em]g5cy borr[] def5se  7a7 ,em]g5cy
 borr[] def5se ,an eligible borr[]1 or  
p>5t borr[] :o took out an eligible loan
 on behalf ( an eligible borr[]1 %all be
 entitl$ to relief on su* loan pursuant 
to ?is section4  7b7 ,eligible borr[]2  
eligible loan ,9 ?is section3 7#a7      
,eligible borr[]  7,a7 ,9 g5]al ,! t]m  

eligible borr[] means-- 7i7 a borr[]    
cov]$ by ,dep>tm5t ( ,education f9d+s   
made on or be=e ! date ( enactm5t ( ?is 
section aga9/ an in/itution ( high]     
education = job placem5t rate           
misrepres5tation2  7ii7 a borr[] on ^:  
behalf a ,/ate attorney g5]al has ass]t$
 a "r to borr[] def5se dis*>ge if !     
ass]tion 0 made by ! ,/ate attorney     
g5]al to ! ,secret>y ( ,education on or 
be=e ! date ( enactm5t ( ?is section2 or
  7iii7 a borr[] :o-- 7,i7 0 subject to 
a misrepres5tation made by ! in/itution 
( high] education t ! borr[] att5d$     
relat$ to gu>ante$ employm5t or         
transf]ability ( cr$its :]e su*         
misrepres5tation 0 e/abli%$ by !        
,dep>tm5t ( ,education 9 f9d+s made on  
or be=e ! date ( enactm5t ( ?is section2
 &  7,,ii7 has ass]t$ be+ subject to su*
 misrepres5tation 9 a borr[] def5se     
application to ! ,secret>y ( ,education4
  7,b7 ,eligibility ,a borr[]-- 7i7     
describ$ 9 clause 7i7 or 7ii7 (         
subp>agraph 7,a71 %all be an eligible   

borr[] :e!r or n ! borr[] has appli$ =  
borr[] def5se & :e!r or n ! borr[]'s    
claim has be5 adjudicat$1 if ! borr[]   
has n previ\sly receiv$ complete relief 
on ! eligible loan bas$ on ! borr[]     
def5se2 &  7ii7 describ$ 9 subp>agraph  
7,a77iii71 %all be an eligible borr[]   
:e!r or n ! borr[]'s claim has be5      
adjudicat$1 s long z !y h n previ\sly   
receiv$ complete relief on _! ,f$]al    
/ud5t loans bas$ on _! borr[] def5se4   
7#b7 ,eligible loan ,! t]m eligible loan
 means a loan made1 insur$1 or gu>ante$ 
"u "p ,b or ,d ( title ,,iv ( ! ,high]  
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajga et seq42 #ajhg;a et seq474  7c7   
,relief ,) respect to-- 7#a7 an eligible
 borr[] describ$ 9 clause 7i7 or 7ii7 ( 
subsection 7b77#a77;,a71 or an eligible 
borr[] describ$ 9 subsection            
7b77#a77;,a77iii7 :o appli$ = borr[]    
def5se prior to ! date ( enactm5t ( ?is 
section1 ! ,secret>y ( ,education %all--
 7,a7 n lat] ?an #cj days aft] ! date ( 
enactm5t ( ?is section1 dis*>ge !       

borr[]1 or p>5t borr[] :o took out an   
eligible loan on behalf ( su* borr[]1 ( 
! full obligation to repay ! eligible   
loan 7includ+ associat$ int]e/1 co/s1 & 
fees t ! borr[] or p>5t borr[] w\ld     
o!rwise be obligat$ to pay72  7,b7 n    
lat] ?an #de days aft] ! date ( enactm5t
 ( ?is section1 reimburse ! borr[]1 or  
p>5t borr[] :o took out an eligible loan
 on behalf ( su* borr[]1 = am\nts paid  
t[>d ! loan volunt>ily or ?r\gh en=c$   
collection2  7,c7 n lat] ?an #fj days   
aft] ! date ( enactm5t ( ?is section1   
report ! dis*>ge "u ?is section to all  
consum] report+ ag5cies to :i* !        
,secret>y previ\sly report$ ! /atus ( ! 
loan1 s z to delete all adv]se cr$it    
hi/ory assign$ to ! loan2 &  7,d7 n lat]
 ?an #fj days aft] ! date ( enactm5t (  
?is section1 no long] consid] a borr[]1 
or p>5t borr[] :o took out a loan on    
behalf ( su* borr[]1 :o has default$ on 
a loan dis*>g$ "u ?is section to be 9   
default on ! dis*>g$ loan2 &  7#b7 an   
eligible borr[] describ$ 9 subsection   

7b77#a77;,a77iii7 :o did n apply =      
borr[] def5se prior to ! date ( enactm5t
 ( ?is section1 ! ,secret>y ( ,education
 %all-- 7,a7 n lat] ?an #cj days aft] ! 
date su* borr[] applies = borr[] def5se1
 dis*>ge ! borr[]1 or p>5t borr[] :o    
took out an eligible loan on behalf (   
su* borr[]1 ( ! full obligation to repay
 ! eligible loan 7includ+ associat$     
int]e/1 co/s1 & fees t ! borr[] or p>5t 
borr[] w\ld o!rwise be obligat$ to pay72
  7,b7 n lat] ?an #de days aft] su*     
borr[] applies = borr[] def5se1         
reimburse ! borr[]1 or p>5t borr[] :o   
took out an eligible loan on behalf (   
su* borr[]1 = am\nts paid t[>d ! loan   
volunt>ily or ?r\gh en=c$ collection2   
7,c7 n lat] ?an #fj days aft] su* borr[]
 applies = borr[] def5se1 report !      
dis*>ge "u ?is section to all consum]   
report+ ag5cies to :i* ! ,secret>y      
previ\sly report$ ! /atus ( ! loan1 s z 
to delete all adv]se cr$it hi/ory       
assign$ to ! loan2 &  7,d7 n lat] ?an   
#fj days aft] su* borr[] applies =      

borr[] def5se1 no long] consid] a       
borr[]1 or p>5t borr[] :o took out a    
loan on behalf ( su* borr[]1 :o has     
default$ on a loan dis*>g$ "u ?is       
section to be 9 default on ! dis*>g$    
loan4  7d7 ,notification ,) respect to--
 7#a7 an eligible borr[] describ$ 9     
clause 7i7 or 7ii7 ( subsection         
7b77#a77;,a71 an eligible borr[]        
describ$ 9 subsection 7b77#a77;,a77iii7 
:o appli$ = borr[] def5se prior to !    
date ( enactm5t ( ?is section1 or a p>5t
 borr[] :o took out an eligible loan on 
behalf ( su* an eligible borr[]1 !      
,secret>y ( ,education %all1 n lat] ?an 
#bj days aft] ! date ( enactm5t ( ?is   
section1 notify su* borr[] or p>5t      
borr[] 9 writ+ (-- 7,a7 ! relief to :i* 
! borr[] is entitl$ pursuant to         
subsection 7c72  7,b7 ! "t 9 :i* su*    
relief w be provid$ pursuant to         
subsection 7c72  7,c7 ! borr[]'s        
eligibility to receive assi/ance "u     
title ,,iv ( ! ,high] ,education ,act ( 
#aife 7#bj ,u4,s4,c4 #ajgj et seq47 aft]

 receiv+ relief pursuant to subsection  
7c72 &  7,d7 any fur!r relief to su*    
borr[] or p>5t borr[] z ! ,secret>y (   
,education det]m9es is appropriate2 &   
7#b7 an eligible borr[] describ$ 9      
subsection 7b77#a77;,a77iii7 :o did n   
apply = borr[] def5se prior to ! date ( 
enactm5t ( ?is section1 or a p>5t borr[]
 :o took out an eligible loan on behalf 
( su* an eligible borr[]1 ! ,secret>y ( 
,education %all1 n lat] ?an #bj days    
aft] su* borr[] applies = borr[] def5se1
 notify su* borr[] or p>5t borr[] 9     
writ+ (-- 7,a7 ! relief to :i* ! borr[] 
is entitl$ pursuant to subsection 7c72  
7,b7 ! "t 9 :i* su* relief w be provid$ 
pursuant to subsection 7c72  7,c7 !     
borr[]'s eligibility to receive         
assi/ance "u title ,,iv ( ! ,high]      
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajgj et seq47 aft] receiv+ relief      
pursuant to subsection 7c72 &  7,d7 any 
fur!r relief to su* borr[] or p>5t      
borr[] z ! ,secret>y ( ,education       
det]m9es is appropriate4  7e7           

,in/itutional acc\ntability ,= a dis*>ge
 grant$ "u ?is section1 ! ,secret>y (   
,education %all1 z applicable1 initiate 
an appropriate proce$+ to require !     
in/itution ( high] education ^: act or  
omission result$ 9 ! dis*>ge to repay to
 ! ,secret>y ( ,education ! am\nt       
dis*>g$ :e!r by (fset1 claim on a lett] 
( cr$it1 or o!r protection provid$ by ! 
in/itution ( high] education4