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H.R. 5287

Fair Student Loan Debt Collection Practices Act

Fair Student Loan Debt Collection Practices Act

This bill prohibits a debt collector from collecting on federal student loan debt owed by a borrower earning under a certain income. Specifically, a federal student loan debt collector may not attempt to collect if a borrower would qualify for a zero-dollar payment under an income-driven repayment plan. Additionally, a debt collector may not attempt to collect an amount greater than the payment the borrower would owe under such a plan.

Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

Rep. Lawson, Al, Jr. [D-FL-5](D-FL)Sponsor
1 cosponsor1 D
1cosponsors3committees9actions3subjects
  1. Committee

    Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

    Administrative State, Regulatory Reform, and Antitrust Subcommittee
  2. Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 24.

    Financial Services Committee
  3. Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  4. Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  5. IntroReferralH11100

    Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Education and the Workforce Committee
  6. IntroReferralH11100

    Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Judiciary Committee
  7. IntroReferralH11100

    Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Financial Services Committee
  8. IntroReferralIntro-H

    Introduced in House

  9. IntroReferral1000

    Introduced in House

Fair Student Loan Debt Collection Practices Act — Informed