Social Security Garnishment Modernization Act of 2015

Bill: 114-hr-3747
Sponsor: full_name: Rep. Deutch, Theodore E. [D-FL-21]
Introduced: 2015-10-09
Policy area: Education
Subjects: Administrative remedies

Debt collection

Government lending and loan guarantees

Higher education

Inflation and prices

Poverty and welfare assistance

Social security and elderly assistance

Student aid and college costs
Latest action: action_date: 2015-11-04
text: Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Summaries:
action_date: 2015-10-09
action_desc: Introduced in House
text: <p><b>Social Security Garnishment Modernization Act of 2015</b><br /></p> <p>This bill limits the amount offset (i.e., withheld) from an individual's Social Security benefit payments to repay a defaulted federal student loan to the amount by which such Social Security benefit payments exceed $9,000 annually (i.e., $750 monthly), adjusted for inflation. <br /></p> <p>Currently, the federal government may offset certain Social Security, railroad retirement, or black lung benefit payments to repay an individual's nontax federal debts, but the amount offset is limited to the amount of federal benefit payments that exceeds $9,000 annually, unadjusted for inflation. <br /></p> <p><br /></p>

tv_txt: I 114th CONGRESS 1st Session H. R. 3747 IN THE HOUSE OF REPRESENTATIVES October 9, 2015 Mr. Deutch introduced the following bill; which was referred to the Committee on the Judiciary A BILL To amend title 31, United States Code, to adjust for inflation the amount that is exempt from administrative offsets by the Department of Education for defaulted student loans.

1. Short title This Act may be cited as the Social Security Garnishment Modernization Act of 2015 . 2. Adjustment for inflation (a) In general Section 3716(c)(3)(A) of title 31, United States Code, is amended— (1) in clause (ii), by striking An amount and inserting Except as provided in clause (iii), an amount ; and (2) by inserting after the matter following clause (ii)(II) the following: (iii) For a claim that may be collected under this section by the Department of Education relating to a defaulted student loan under part B, D, or E of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1071 et seq. , 1087a et seq., and 1087aa et seq.), the amount of payments due to an individual under the Social Security Act that is exempt from offset under this subsection shall be equal to the exemption amount under clause (ii), as adjusted annually to reflect increases in the Consumer Price Index for Urban Wage Earners and Clerical Workers published by the Bureau of Labor Statistics of the Department of Labor. . (b) Effective date The amendments made by subsection (a) shall— (1) take effect as if included in the enactment of the Omnibus Consolidated Rescissions and Appropriations Act of 1996 ( Public Law 104–134 ; 110 Stat. 1321); and (2) only apply with respect to a claim described in section 3716(c)(3)(A)(iii) of title 31, United States Code, as added by subsection (a)(2), that may be collected by administrative offset by the Department of Education under section 3716 of such title after the date of enactment of this Act.