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S. 1414: Student Borrower Bankruptcy Relief Act of 2019

The text of the bill below is as of May 9, 2019 (Introduced).


II

116th CONGRESS

1st Session

S. 1414

IN THE SENATE OF THE UNITED STATES

May 9, 2019

(for himself, Ms. Warren, Ms. Baldwin, Mr. Blumenthal, Mr. Brown, Ms. Harris, Ms. Hirono, Ms. Klobuchar, Mr. Leahy, Mr. Markey, Mr. Merkley, Mr. Reed, Mr. Sanders, Mrs. Shaheen, Mr. Van Hollen, Mr. Whitehouse, and Ms. Hassan) introduced the following bill; which was read twice and referred to the Committee on the Judiciary

A BILL

To provide bankruptcy relief for student borrowers.

1.

Short title

This Act may be cited as the Student Borrower Bankruptcy Relief Act of 2019.

2.

Amendments

(a)

Exception to discharge

Section 523 of title 11, United States Code, is amended in subsection (a), by striking paragraph (8).

(b)

Conforming amendment

Section 1328(a)(2) of title 11, United States Code, is amended by striking (8),.

3.

Effective date; application of amendments

(a)

Effective date

Except as provided in subsection (b), this Act and the amendments made by this Act shall take effect on the date of enactment of this Act.

(b)

Application of amendments

The amendments made by this Act shall apply only with respect to cases commenced under title 11, United States Code, on or after the date of enactment of this Act.