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Ryan Frascone Memorial Student Loan Relief Act of 2021
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vs 5,357 other S bills in the 117th — cohort avg 38d
Ryan Frascone Memorial Student Loan Relief Act of 2021 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. 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.
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Filing registrants (1)
2021 · fourth_quarter · Taxation/Internal Revenue Code
S. 2544, H.R. 4173 "Tax Free Pell Grant Act," all titles;
Client expense: $50,000 · Firm income: Not reported
Government targets: Education, Dept of, Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
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Sources: Congress.gov
2021 · third_quarter · Taxation/Internal Revenue Code
S. 2544, H.R. 4173 "Tax Free Pell Grant Act," all titles; S. 4408, Upskilling and Retraining Act," all titles
Client expense: $60,000 · Firm income: Not reported
Government targets: Education, Dept of, Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE