,,ii  #aahth ,,congress  #ast ,session  
,s4 #gb  ,,in ,,the ,,senate ,,of ,,the 
,,united ,,states  ,january #be1        
#bjbc,mr4 ,scott of ,florida 7for       
himself1 ,ms4 ,lummis1 ,mr4 ,barrasso1  
,mrs4 ,blackburn1 and ,mr4 ,braun7      
introduced the following bill2 which was
 read twice and referred to the         
,committee on ,health1 ,education1      
,labor1 and ,pensions  ,a ,,bill  ,to   
prevent class-based loan forgiveness for
 ,federal student loans under title ,,iv
 of the ,higher ,education ,act of #aife
 without the explicit appropriation of  
funds by ,congress for such purpose4    
#a4 ,short title ,this ,act may be cited
 as the ,debt ,cancellation             
,accountability ,act of #bjbc4  #b4     
,prohibition on class-based loan        
forgiveness without proper approval     
,part ,g of title ,,iv of the ,higher   
,education ,act of #aife 7#bj ,u4,s4,c4 
#ajhh et seq47 is amended by adding at  
the end the following3  #did;,a4        
,prohibition on class-based loan        

forgiveness without proper approval  7a7
 ,definitions ,in this section3 7#a7    
,class-based loan forgiveness  7,a7 ,in 
general ,the term class-based loan      
forgiveness means the cancellation1     
waiver1 assumption1 discharge1          
reduction1 or other forgiveness of any  
obligation due on covered loans-- 7i7 on
 a class-wide basis and for a class of  
#b or more covered loan borrowers2 and  
7ii7 that totals more than #a1jjj1jjj4  
7,b7 ,exception for existing targeted   
loan forgiveness programs ,the term     
class-based loan forgiveness does not   
include a targeted program of loan      
forgiveness explicitly established under
 this ,act and in effect before ,january
 #a1 #bjbb1 if the cancellation1 waiver1
 assumption1 discharge1 reduction1 or   
other forgiveness of any obligation due 
on a covered loan is-- 7i7 granted for a
 single covered loan borrower who has   
submitted an application to the         
,department that includes an attestation
 of compliance with all conditions and  

requirements of the applicable loan     
forgiveness program2 and  7ii7 based    
upon an individualized1 case-by-case    
determination of the covered loan       
borrower's-- 7,i7 eligibility for the   
targeted loan forgiveness2 and  7,,ii7  
satisfaction of all terms and conditions
 precedent to receive the targeted loan 
forgiveness4  7#b7 ,covered loan ,the   
term covered loan means a loan made1    
insured1 or guaranteed under part ,b1   
,d1 or ,e4  7b7 ,limitation on          
,department authority ,notwithstanding  
any other provision of this ,act or any 
other law1 the ,secretary shall have no 
authority to provide class-based loan   
forgiveness unless funds have been      
specifically requested and appropriated 
for the purpose through the process     
described in subsection 7c74  7c7       
,request and appropriation process  7#a7
 ,in general ,the ,secretary shall not  
provide any class-based loan forgiveness
 until-- 7,a7 the ,secretary has        
submitted a request under paragraph     

7#b72 and  7,b7 funds have been         
specifically appropriated for such      
request by ,congress through an         
appropriations ,act or other law4  7#b7 
,request ,in any case where the         
,secretary determines class-based loan  
forgiveness is necessary1 the ,secretary
 shall submit to the authorizing        
committees1 the ,committee on           
,appropriations of the ,senate1 and the 
,committee on ,appropriations of the    
,house of ,representatives a written    
request that describes-- 7,a7 the number
 of covered loan borrowers in the class 
and the aggregate amount of the covered 
student loan obligations that will be   
cancelled1 waived1 assumed1 discharged1 
reduced1 or otherwise forgiven through  
the class-based loan forgiveness2  7,b7 
the particular reason for the           
class-based loan forgiveness2  7,c7 the 
legal authority1 including the          
identification of any authorizing       
statute or rule1 of the ,department to  
grant such class-based loan forgiveness2

 and  7,d7 the particular reason the    
student loan obligations are being      
cancelled1 waived1 assumed1 discharged1 
reduced1 or otherwise forgiven on a     
collective basis1 rather than through a 
case-by-case assessment4  7#c7          
,resubmission of request ,if funds for a
 class-based loan forgiveness request   
submitted under paragraph 7#b7 are not  
specifically appropriated under an      
appropriations ,act or other law during 
the fiscal year for which the request is
 submitted-- 7,a7 the request shall     
expire2 and  7,b7 if the ,secretary     
desires the request to be reconsidered  
in a future fiscal year1 the ,secretary 
shall resubmit the request for such     
fiscal year4  4