,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #aadc  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,febru>y #ah1         
#bjba,mr4 ,kildee 7= himself1 ,mr4      
,c>son1 ,mr4 ,coh51 ,ms4 ,dean1 ,ms4    
,norton1 ,mr4 ,p]lmutt]1 & ,mr4 ,v>gas7 
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices1 & 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 am5d !
 ,tru? 9 ,l5d+ ,act to modify           
obligations relat+ to private education 
loans due to ! disability ( a cosign] or
 borr[] ( ! loan1 to am5d title #aa ( ! 
,unit$ ,/ates ,code to make /ud5t loans 
dis*>geable1 & = o!r purposes4  #a4     
,%ort title ,?is ,act may be cit$ z !   
,l5d]s ,(f] ,assi/ance ,n[ ,act or !    
,,loan ,act4  #b4 ,disability ( a       
cosign] or a borr[] ( a private         
education loan  7a7 ,9 g5]al ,section   

#adj7;g7 ( ! ,tru? 9 ,l5d+ ,act 7#ae    
,u4,s4,c4 #afej7;g77 is am5d$-- 7#a7 9  
p>agraph 7#a71 by /rik+ bankruptcy or   
dea? & ins]t+ bankruptcy1 dea?1 or      
disability2 &  7#b7 by add+ at ! end !  
foll[+ new p>agraphs3  7#c7 ,dis*>ge 9  
case ( disability ,a l5d] t ext5ds a    
private education loan %all dis*>ge !   
/ud5t obligor's liability on ! loan if a
 /ud5t obligor exp]i5ces a disability4  
7#d7 ,disability def9$ ,9 ?is           
subsection1 ! t]m disability means a    
p]man5t & total disability1 z det]m9$ 9 
accordance ) ! regulations ( ! ,secret>y
 ( ,education "u section #dcg7;a7 ( !   
,high] ,education ,act ( #aife 7#bj     
,u4,s4,c4 #ajhg7;a771 or a det]m9ation  
by ! ,secret>y ( ,vet]ans ,affairs t !  
individual is unemployable due to a     
s]vice-connect$ condition4  4  7b7 ,tax 
treatm5t ( dis*>ge ,section             
#ajh7;f77#e77;,a7 ( ! ,int]nal ,rev5ue  
,code ( #aihf is fur!r am5d$ by /rik+ or
 9 clause 7ii71 by r$esignat+ clause    
7iii7 z clause 7iv71 & by ins]t+ aft]   

clause 7ii7 ! foll[+ new clause3  7iii7 
pursuant to p>agraph 7#c7 ( section     
#adj7;g7 ( ! ,tru? 9 ,l5d+ ,act1 or  4  
7c7 ,impact on c]ta9 programs ,dis*>ge (
 a private education loan due to        
disability ( a borr[] "u p>agraph 7#c7 (
 section #adj7;g7 ( ! ,tru? 9 ,l5d+     
,act1 z add$ by subsection 7a71 %all n  
be reg>d$ z income & %all n be reg>d$ z 
a res\rce = purposes ( det]m9+ !        
eligibility ( ! borr[] ( su* loan 7or ! 
borr[]'s sp\se or family7 = b5efits or  
assi/ance1 or ! am\nt or ext5t ( b5efits
 or assi/ance1 "u any ,f$]al program or 
"u any ,/ate or local program f9anc$ 9  
:ole or 9 "p ) ,f$]al funds4  7d7       
,applicability ,! am5dm5ts made by ?is  
section %all apply to private education 
loan agreem5ts ent]$ into on or aft] !  
date t is #ahj days aft] ! date (       
enactm5t ( ?is ,act4  7e7 ,private      
education loan def9$ ,9 ?is section1 !  
t]m private education loan has ! mean+  
giv5 9 section #adj7;a7 ( ! ,tru? 9     
,l5d+ ,act 7#ae ,u4,s4,c4 #afej7;a774   

#c4 ,exception to dis*>ge  7a7 ,9 g5]al 
,section #ebc7;a7 ( title #aa1 ,unit$   
,/ates ,code1 is am5d$-- 7#a7 by /rik+  
p>agraph 7#h72 &  7#b7 by r$esignat+    
p>agraphs 7#i7 ?r\gh 7#ad;,b7 z         
p>agraphs 7#h7 ?r\gh 7#ad;,a71          
respectively4  7b7 ,con=m+ am5dm5ts     
,title #aa1 ,unit$ ,/ates ,code1 is     
am5d$-- 7#a7 9 section                  
#gjd7;c77#a77;,c77iv77,i7 by /rik+      
7#ad;,a7 & ins]t+ 7#ad72  7#b7 9 section
 #aajf7;c77#a77;,c77iv77,i7 by /rik+    
7#ad;,a7 & ins]t+ 7#ad72  7#c7 9 section
 #abjb7;c77#a77;,c77iv77,i7 by /rik+    
7#ad;,a7 & ins]t+ 7#ad72 &  7#d7 9      
section #acbh7;a77#b7 by /rik+ 7#h71 or 
7#i7 & ins]t+ or 7#h74  7c7 ,effective  
date2 application ( am5dm5ts  7#a7      
,effective date ,except z provid$ 9     
p>agraph 7#b71 ?is section & ! am5dm5ts 
made by ?is section %all take effect on 
! date ( ! enactm5t ( ?is ,act4  7#b7   
,application ( am5dm5ts ,! am5dm5ts made
 by ?is section %all apply only )       
respect to cases comm5c$ "u title #aa ( 

! ,unit$ ,/ates ,code on or aft] ! date 
( ! enactm5t ( ?is ,act4