H.R. 6708 · 117th Congress · House

Student Loan Relief Act

Active· Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be subsequently determ…
Introduced
Feb 11, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Student Loan Relief Act

This bill requires the Department of Education to cancel or repay up to $25,000 in outstanding student loan debt for each borrower. Further, the bill outlines the method of loan discharge and, for tax purposes, excludes loan cancellation or repayment from a borrower's gross income.

Action Timeline

4
  1. FEB 11, 2022IntroReferral

    Introduced in House

  2. FEB 11, 2022IntroReferral

    Introduced in House

  3. FEB 11, 2022IntroReferral

    Referred to the Committee on Education and Labor, and in addition to the Committee on 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.

  4. FEB 11, 2022IntroReferral

    Referred to the Committee on Education and Labor, and in addition to the Committee on 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.

Committees

2

Ways and Means Committee

hswm00

Referred: Feb 11, 2022

Active

Education and Workforce Committee

hsed00

Referred: Feb 11, 2022

Active