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   &lt;pre&gt;[Congressional Record Volume 167, Number 81 (Tuesday, May 11, 2021)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Ms. CRAIG:H.R. 3092.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1``The Congress shall have Power to . . . provide for the .. . general Welfare of the United States; . . .''[Page H2195]&lt;/pre&gt;
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     Comprehensive Debt Collection Improvement Act
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     Referred to the House Committee on Financial Services.
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     2021-09-10T12:06:44Z
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     &lt;p&gt;&lt;b&gt;Ryan Frascone Memorial Student Loan Relief Act of 2021&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill retroactively applies certain borrower protections related to cosigners of private student loans. Specifically, all private student loan agreements must (1) prohibit creditors from declaring a default or accelerating the debt of a private student loan on the sole basis of the death or bankruptcy of a cosigner to such a loan, and (2) require loan holders to release a cosigner from any obligation upon the death of the student borrower. Under current law, these protections apply only to private student loan agreements entered into on or after November 20, 2018.&lt;/p&gt; &lt;p&gt;Additionally, the Department of the Treasury must establish a program to purchase and retire such private student loans from loan holders suffering financial injury as a result of this bill. &lt;/p&gt;
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   Ryan Frascone Memorial Student Loan Relief Act of 2021
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     Ryan Frascone Memorial Student Loan Relief Act of 2021
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     To adjust the applicability of certain amendments to the Truth in Lending Act, and for other purposes.
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   This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
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H11100
2021-05-11
Financial Services Committee
hsba00
2
House floor actions
Referred to the House Committee on Financial Services.
IntroReferral
Intro-H
2021-05-11
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-05-11
9
Library of Congress
Introduced in House
IntroReferral
2021-05-11T18:00:41Z
Referred to
House
Financial Services Committee
hsba00
Standing
Congressional Research Service, Library of Congress
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
2021-05-11
2021-05-11
Referred to the House Committee on Financial Services.
House
Finance and Financial Sector
2021-05-17
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
CRS
Related bill
Comprehensive Debt Collection Improvement Act
HR
2021-07-29
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
CRS
Related bill
Ryan Frascone Memorial Student Loan Relief Act of 2021
S
C001119
2
Angie
Rep. Craig, Angie [D-MN-2]
N
Craig
D
MN
Bankruptcy Consumer credit Education programs funding Higher education Student aid and college costs
2021-05-11
Introduced in House
 <p><b>Ryan Frascone Memorial Student Loan Relief Act of 2021</b></p> <p>This bill retroactively applies certain borrower protections related to cosigners of private student loans. Specifically, all private student loan agreements must (1) prohibit creditors from declaring a default or accelerating the debt of a private student loan on the sole basis of the death or bankruptcy of a cosigner to such a loan, and (2) require loan holders to release a cosigner from any obligation upon the death of the student borrower. Under current law, these protections apply only to private student loan agreements entered into on or after November 20, 2018.</p> <p>Additionally, the Department of the Treasury must establish a program to purchase and retire such private student loans from loan holders suffering financial injury as a result of this bill. </p>
2021-09-10T12:06:44Z
00
2021-05-11T04:00:00Z
Introduced in House
https://www.govinfo.gov/content/pkg/BILLS-117hr3092ih/xml/BILLS-117hr3092ih.xml
Ryan Frascone Memorial Student Loan Relief Act of 2021
Ryan Frascone Memorial Student Loan Relief Act of 2021
Display Title
IH
Introduced in House
To adjust the applicability of certain amendments to the Truth in Lending Act, and for other purposes.
Official Title as Introduced
IH
Introduced in House
Ryan Frascone Memorial Student Loan Relief Act of 2021
Short Title(s) as Introduced
HR
2023-01-11T13:49:52Z
2023-01-11T13:49:52Z
3.0.0
2021-05-17
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
CRS
Related bill
Comprehensive Debt Collection Improvement Act
HR
2021-07-29
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
CRS
Related bill
Ryan Frascone Memorial Student Loan Relief Act of 2021
S
H11100
2021-05-11
Financial Services Committee
hsba00
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House floor actions
Referred to the House Committee on Financial Services.
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2021-05-11
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Library of Congress
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2021-05-11
9
Library of Congress
Introduced in House
IntroReferral
C001119
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Angie
Rep. Craig, Angie [D-MN-2]
N
Craig
D
MN
Bankruptcy Consumer credit Education programs funding Higher education Student aid and college costs
2021-05-11
Introduced in House
 <p><b>Ryan Frascone Memorial Student Loan Relief Act of 2021</b></p> <p>This bill retroactively applies certain borrower protections related to cosigners of private student loans. Specifically, all private student loan agreements must (1) prohibit creditors from declaring a default or accelerating the debt of a private student loan on the sole basis of the death or bankruptcy of a cosigner to such a loan, and (2) require loan holders to release a cosigner from any obligation upon the death of the student borrower. Under current law, these protections apply only to private student loan agreements entered into on or after November 20, 2018.</p> <p>Additionally, the Department of the Treasury must establish a program to purchase and retire such private student loans from loan holders suffering financial injury as a result of this bill. </p>
2021-09-10T12:06:44Z
00
Ryan Frascone Memorial Student Loan Relief Act of 2021
Ryan Frascone Memorial Student Loan Relief Act of 2021
Display Title
IH
Introduced in House
To adjust the applicability of certain amendments to the Truth in Lending Act, and for other purposes.
Official Title as Introduced
IH
Introduced in House
Ryan Frascone Memorial Student Loan Relief Act of 2021
Short Title(s) as Introduced
2021-05-11
Referred to the House Committee on Financial Services.