,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #ehaf  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,octob] #bd1 #bjbe,ms4
 ,crockett introduc$ ! foll[+ bill2 :i* 
0 ref]r$ to ! ,committee on ,education &
 ,work=ce  ,a ,,bill  ,to prohibit      
p5alties1 int]e/ accrual1 negative cr$it
 implications1 or o!r adv]se actions =  
qualifi$ /ud5t loans = ,f$]al employees 
dur+ a lapse 9 ,f$]al fund+4  #a4 ,%ort 
title ,?is ,act may be cit$ z ! ,halt+  
,education ,loan ,paym5ts dur+ ,f$]al   
,employm5t ,disruptions ,act or ! ,,help
 ,f,e,ds ,act4  #b4 ,def9itions ,9 ?is  
,act3  7#a7 ,f$]al employee ,! t]m      
,f$]al employee means-- 7,a7 an employee
 z def9$ 9 section #baje ( title #e1    
,unit$ ,/ates ,code2  7,b7 an employee z
 def9$ 9 section #bajg ( title #e1      
,unit$ ,/ates ,code2 &  7,c7 a judicial 
employee z def9$ 9 section #acaja7i7 (  
title #e1 ,unit$ ,/ates ,code4  7#b7    
,qualifi$ education loan ,! t]m qualifi$
 education loan means any loan made1    
insur$1 or gu>ante$ "u ! ,high]         

,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajga-ajhg;ii71 includ+ loans held by ! 
,dep>tm5t ( ,education or contract$ loan
 s]vic]s4  7#c7 ,involunt>y disruption (
 pay ,! t]m involunt>y disruption ( pay 
means a situation :]e a ,f$]al employee 
does n receive _! s*$ul$ wages due to a 
lapse 9 fund+ result+ 9 ! ,f$]al        
,gov]nm5t to cease op]ations z id5tifi$ 
"u section #acda ( title #ca1 ,unit$    
,/ates ,code4  #c4 ,protection f        
p5alties & adv]se cr$it actions dur+    
involunt>y disruption ( pay  7a7 ,waiv] 
( p5alties & late fees ,no ,f$]al       
employee %all be assess$ any late fee1  
p5alty1 or o!r adv]se action on any     
qualifi$ education loan = any paym5t    
miss$ due dur+ a p]iod ( involunt>y     
disruption ( pay4  7b7 ,waiv] on int]e/ 
accrual ,no ,f$]al employee %all incur  
additional int]e/ on any qualifi$       
education loan dur+ a p]iod ( involunt>y
 disruption ( pay4  7c7 ,no adv]se cr$it
 report+ ,! ,secret>y ( ,education %all 
coord9ate ) cr$it report+ ag5cies & loan

 s]vic]s to ensure t no adv]se in=mation
 relat$ to delay$ or miss$ paym5ts ( a  
,f$]al employee describ$ 9 subsection   
7a7 is furni%$ to any consum] report+   
ag5cy1 z def9$ 9 section #fjc ( ! ,fair 
,cr$it ,report+ ,act 7#ae ,u4,s4,c4     
#afha;a74  7d7 ,retroactive application 
,?is section %all apply retroactively to
 any in/ance ( involunt>y disruption (  
pay occurr+ on or aft] ,octob] #a1      
#bjbe4 ,! ,secret>y %all coord9ate )    
cr$it report+ ag5cies & loan s]vic]s to 
remove any adv]se cr$it in=mation t 0   
inappropriately report$4  #d4           
,implem5tation  7a7 ,9 g5]al ,!         
,secret>y ( ,education1 9 coord9ation ) 
! ,director ( ! ,(fice ( ,p]sonnel      
,managem5t1 ! ,adm9i/rative ,(fice ( !  
,unit$ ,/ates ,c\rts1 ! ,cl]k ( ! ,h\se 
( ,repres5tatives1 & ,secret>y ( !      
,s5ate1 %all issue regulations &        
guidance = ! ,dep>tm5t1 borr[]s1 loan   
s]vic]s1 & cr$it ag5cies necess>y to    
implem5t ?is ,act )9 #cj days ( ! date (
 enactm5t ( ?is ,act4  7b7 ,compliance &

 en=cem5t ,loan s]vic]s & cr$it report+ 
ag5cies %all coop]ate fully ) !         
,secret>y ( ,education 9 implem5t+ ?is  
,act4  #e4 ,rule ( con/ruction ,no?+ 9  
?is ,act %all be con/ru$ to excuse !    
full repaym5t ( qualifi$ education loans
 or to elim9ate any o!rwise exi/+       
repaym5t obligation4  #f4 ,sev]ability  
,if any provision ( ?is ,act1 or !      
application ( su* provision to any p]son
 or circum/ance1 is held to be invalid1 
! rema9d] ( ?is ,act %all n be affect$4