Bill116th CongressFiled Oct 18, 2019Finance and Financial Sector
H.R. 4750
RED Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Oct 18, 2019)
Relief from Excessive Debt Act or the RED Act
This bill permits a borrower to discharge in bankruptcy a nonprofit, government, or private student loan, or an obligation to repay an educational benefit, scholarship, or stipend.
What just happenedNov 15, 2019
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Who’s behind it
Rep. Clay, Wm. Lacy [D-MO-1](D-MO)Sponsor
1committees4actions1related bills3subjects
- Introduced in HouseOct 18, 2019
- Nov 15, 2019Committee
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Administrative State, Regulatory Reform, and Antitrust Subcommittee - Oct 18, 2019IntroReferralH11100
Referred to the House Committee on the Judiciary.
Judiciary Committee - Oct 18, 2019IntroReferralIntro-H
Introduced in House
- Oct 18, 2019IntroReferral1000
Introduced in House