Domenic and Ed’s Law

Bill: 118-s-4333
Sponsor: full_name: Sen. Vance, J. D. [R-OH]
Introduced: 2024-05-14
Policy area: Education
Latest action: action_date: 2024-05-14
text: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Summaries:

tv_txt: II 118th CONGRESS 2d Session S. 4333 IN THE SENATE OF THE UNITED STATES May 14, 2024 Mr. Vance (for himself, Mr. Coons , and Mr. Braun ) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions A BILL To provide for the discharge of parent borrower liability if a student on whose behalf a parent has received certain student loans becomes disabled.

1. Short title This Act may be cited as Domenic and Ed’s Law . 2. Repayment of loans to parents (a) In general Section 437(d) of the Higher Education Act of 1965 ( 20 U.S.C. 1087(d) ) is amended by inserting or becomes permanently and totally disabled (as determined in accordance with regulations of the Secretary), or if the student is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that can be expected to result in death, has lasted for a continuous period of not less than 60 months, or can be expected to last for a continuous period of not less than 60 months, after dies, . (b) Applicability The amendment made by subsection (a) shall apply to any outstanding loan that is received by a parent borrower before, on, or after the date of the enactment of this Act, and without regard to the onset date of the disability or impairment.