Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
79pct
69d open
vs 9,698 other HR bills in the 117th — cohort avg 63d
Lenders Offer Assistance Now Act or the LOAN Act This bill requires the discharge of a private education loan in the event of the student borrower's disability. Such a discharge is not considered income for tax or other purposes. Additionally, the bill prohibits the automatic default of a private education loan due to the disability of a loan cosigner. Furthermore, the bill generally permits the discharge of student loans in bankruptcy. Under current law, student loans are not dischargeable in bankruptcy unless repayment would be an undue hardship to the debtor and the debtor's dependents.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (3)
2022 · fourth_quarter · Education
Issues related to private student lending, including post-secondary education and private student lending: -HR 891 Students and Families Empowerment Act of 2021 -HR 2090 Improve Student Loan Disclosures -HR 1143 LOAN Act (forgiving federal and private student loan debt in bankruptcy proceedings -HR 6316 - Emergency Assistance for Student Borrowers Act -HR 4350 National Defense Authorization Act - Amendment #734 (Ruled in Order; not offered on floor) -HR 1023 Justice for Student Borrowers -HR 8655 Responsible Educational Assistance Through Loan Reforms -Lowering Obstacles to Achievement Now (LOAN Act) (No bill number currently)
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Ways and Means, 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.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $380,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Bankruptcy
-Issues related to the discharge of private student loan debt, including: -HR 1143 LOAN Act (forgives federal and private student loan debt in bankruptcy proceedings)
Client expense: $380,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Bankruptcy
-Issues related to the discharge of private student loan debt, including: -HR 1143 LOAN Act (forgives federal and private student loan debt in bankruptcy proceedings)
Client expense: $430,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Education
Issues related to private student lending, including post-secondary education and private student lending: -HR 891 Students and Families Empowerment Act of 2021 -HR 2090 Improve Student Loan Disclosures -HR 1143 LOAN Act (forgiving federal and private student loan debt in bankruptcy proceedings -HR 6316 - Emergency Assistance for Student Borrowers Act -HR 4350 National Defense Authorization Act - Amendment #734 (Ruled in Order; not offered on floor) -HR 1023 Justice for Student Borrowers -HR 8655 Responsible Educational Assistance Through Loan Reforms -Lowering Obstacles to Achievement Now (LOAN Act) (No bill number currently)
Client expense: $430,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · second_quarter · Education
Issues related to private student lending, including post-secondary education and private student lending: -HR 891 Students and Families Empowerment Act of 2021 -HR 2090 Improve Student Loan Disclosures -HR 1143 LOAN Act (forgiving federal and private student loan debt in bankruptcy proceedings -HR 6316 - Emergency Assistance for Student Borrowers Act -HR 4350 National Defense Authorization Act - Amendment #734 (Ruled in Order; not offered on floor) -HR 1023 Justice for Student Borrowers
Client expense: $480,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · second_quarter · Bankruptcy
-Issues related to the discharge of private student loan debt, including: -HR 1143 LOAN Act (forgives federal and private student loan debt in bankruptcy proceedings)
Client expense: $480,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · first_quarter · Bankruptcy
-Issues related to the discharge of private student loan debt, including: -HR 1143 LOAN Act (forgives federal and private student loan debt in bankruptcy proceedings)
Client expense: $640,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · first_quarter · Education
Issues related to private student lending, including post-secondary education and private student lending: -HR 2447 Amends Internal Revenue Code - excludes taxing assistance to veterinary student loan repayment or forgiveness programs -S 449/ HR 1285 Dental Loan Repayment Assistance Act -HR 891 Students and Families Empowerment Act of 2021 -HR 2090 Improve Student Loan Disclosures -HR 1143 LOAN Act (forgiving federal and private student loan debt in bankruptcy proceedings -HR 6316 - Emergency Assistance for Student Borrowers Act -HR 4350 National Defense Authorization Act - Amendment #734 (Ruled in Order; not offered on floor) -HR 1023 Justice for Student Borrowers
Client expense: $640,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2021 · fourth_quarter · Education
Issues related to private student lending, including post-secondary education and private student lending: -HR 2447 Amends Internal Revenue Code - excludes taxing assistance to veterinary student loan repayment or forgiveness programs -S 449/ HR 1285 Dental Loan Repayment Assistance Act -HR 891 Students and Families Empowerment Act of 2021 -HR 2090 Improve Student Loan Disclosures -HR 1143 LOAN Act (forgiving federal and private student loan debt in bankruptcy proceedings -HR 6316 - Emergency Assistance for Student Borrowers Act -HR 4350 National Defense Authorization Act - Amendment #734 (Ruled in Order; not offered on floor) -HR 1023 Justice for Student Borrowers
Client expense: $370,000 · Firm income: Not reported
Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of
2021 · fourth_quarter · Bankruptcy
-Issues related to the discharge of private student loan debt, including: -HR 1143 LOAN Act (forgives federal and private student loan debt in bankruptcy proceedings)
Client expense: $370,000 · Firm income: Not reported
Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of
2021 · third_quarter · Bankruptcy
-Issues related to the discharge of private student loan debt, including: -HR 1143 LOAN Act (forgives federal and private student loan debt in bankruptcy proceedings)
Client expense: $400,000 · Firm income: Not reported
Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of
2021 · third_quarter · Education
Issues related to private student lending, including post-secondary education and private student lending: -HR 2447 Amends Internal Revenue Code - excludes taxing assistance to veterinary student loan repayment or forgiveness programs -S 449/ HR 1285 Dental Loan Repayment Assistance Act -HR 891 Students and Families Empowerment Act of 2021 -HR 2090 Improve Student Loan Disclosures -HR 1143 LOAN Act (forgiving federal and private student loan debt in bankruptcy proceedings -HR 6316 - Emergency Assistance for Student Borrowers Act -HR 4350 National Defense Authorization Act - Amendment #734 (Ruled in Order; not offered on floor) -HR 1023 Justice for Student Borrowers
Client expense: $400,000 · Firm income: Not reported
Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of
2021 · second_quarter · Bankruptcy
-Issues related to the discharge of private student loan debt, including: -HR 1143 LOAN Act (forgives federal and private student loan debt in bankruptcy proceedings)
Client expense: $530,000 · Firm income: Not reported
Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of
2021 · second_quarter · Education
Issues related to private student lending, including post-secondary education and private student lending: -HR 2447 Amends Internal Revenue Code - excludes taxing assistance to veterinary student loan repayment or forgiveness programs -S 449/ HR 1285 Dental Loan Repayment Assistance Act -HR 891 Students and Families Empowerment Act of 2021 -HR 2090 Improve Student Loan Disclosures -HR 1143 LOAN Act (forgiving federal and private student loan debt in bankruptcy proceedings -HR 6316 - Emergency Assistance for Student Borrowers Act -National Defense Authorization Act - (any private lending amendments no bills introduced to date) -HR 1023 Justice for Student Borrowers
Client expense: $530,000 · Firm income: Not reported
Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of
2021 · first_quarter · Education
Teacher loan forgiveness programs Community schools related issues H.R.1241/S.385, Full-Service Community School Expansion Act of 2021, Community School related issues Public Law 117-2, American Rescue Plan Act of 2021, Private school vouchers, micro-grants, or set-asides, including Educational Assistance to Non-Public Schools funding (Sec. 2002) and Broadband E-rate related issues Student loan relief provisions generally, including debt cancellation S.Res.46/H.Res.100, A resolution calling on the President of the United States to take executive action to broadly cancel Federal student loan debt Re-opening public schools and universities related issues and initiatives Supporting Teachers with Residency Opportunities and New Grants (STRONG) Act Protecting Our Students in Schools Act For-Profit Fraud Act Defending All Veterans In Education Act Protecting Our Students and Taxpayers (POST) Act Relief for Defrauded Students Act Student and Taxpayer Protection Act Protections and Regulation for Our (PRO) Students Act Preventing Risky Operations from Threatening the Education and Career Trajectories (PROTECT) Students Act Providing for congressional disapproval of the borrower defense rule PSLF Administrative Improvements Act, Entirety Teacher Workforce related issues including teacher diversity, teacher preparation and tutoring services Keeping All Students Safe Act, Entirety S.210, Protecting JOBs Act FLUENT Act H.R.1633, Public Service Loan Forgiveness Inclusion Act Public Service Loan Forgiveness (PSLF), Improvements and generally PSLF Modernization Act College for All Act H.R.549, State Taskforce Opportunity Program (STOP) Bullying Act H.R.1558, Child Poverty Reduction Act H.R.1197, Teacher Diversity and Retention Act H.R.676, Learning Recovery Act of 2021 H.R.542, Save Education Jobs Act S.114, the SOAR Reauthorization Permanent Authorization Act Student Loan Servicing Reform and Consumer Protection related issues H.R.730, the Equity and Inclusion Enforcement Act H.R.1143, Lenders Offer Assistance Now (LOAN) Act H.R.604/S.96, Reopen and Rebuild Americas Schools Act of 2021, Entirety H.R.729, Strength in Diversity Act of 2021 Clean Commute for Kids Act, Electric Bus related issues H.R.1512, CLEAN Future Act, Electric Bus related issues S.531, Open Back Better Act, Infrastructure modernization and efficiency facility related issues Climate Change Education Act, Entirety Community College Infrastructure, Draft legislation H.R.1581/S.127, Build America's Libraries Act Monitor the following: Borrower defense rule issues The IDEA Full Funding Act Department of Education, Title IX Public Law 116-113, Recognizing Achievement in Classified School Employees Act, Implementation Child Care for Working Families Act H.R.764/S.72, Keep Our Promise to America's Children and Teachers (PACT) Act Income Share Agreements, generally H.R.1394, Black History is American History, entirety Counseling Not Criminalization in Schools Act Moving Forward Act, Entirety TEACH (Teacher Education Assistance for College and Higher Education) Grant program related issues, generally The Reopen Schools Safety Act Pandemic Child Hunger Prevention Act School discipline issues, generally H.R.1911, Child Care is Infrastructure Act Rural Education related issues and initiatives
2021 · first_quarter · Education
Issues related to private student lending, including post-secondary education and private student lending: -HR 2447 Amends Internal Revenue Code - excludes taxing assistance to veterinary student loan repayment or forgiveness programs -S 449/ HR 1285 Dental Loan Repayment Assistance Act -HR 891 Students and Families Empowerment Act of 2021 -HR 2090 Improve Student Loan Disclosures -HR 1143 LOAN Act (forgiving federal and private student loan debt in bankruptcy proceedings -HR 6316 - Emergency Assistance for Student Borrowers Act -National Defense Authorization Act - (any private lending amendments no bills introduced to date) -HR 1023 Justice for Student Borrowers
Client expense: $1,000,000 · Firm income: Not reported
Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of
2021 · first_quarter · Bankruptcy
-Issues related to the discharge of private student loan debt, including: -HR 1143 LOAN Act (forgives federal and private student loan debt in bankruptcy proceedings)
Client expense: $1,000,000 · Firm income: Not reported
Government targets: Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of
2021 · first_quarter · Bankruptcy
Legislation affecting the inclusion of education loans in bankruptcy filings. HR1143
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
| Democratic |
| CA |
| Madeleine Dean | Democratic | PA |
| Steve Cohen | Democratic | TN |
Client expense: $340,000 · Firm income: Not reported
Government targets: Centers For Disease Control & Prevention (CDC), Centers For Medicare and Medicaid Services (CMS), Consumer Financial Protection Bureau (CFPB), Education, Dept of, Executive Office of the President (EOP), Federal Communications Commission (FCC), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), SENATE, White House Office