Only the left has signed this so far (Bill Ranking)
H.R. 423 · 119th Congress (2025-2026)
6 members · Left 6 · Center 0 · Right 0 (Bill Ranking)
| Sponsor | Rep. Cohen, Steve (D-TN) (Introduced 01/15/2025) |
|---|---|
| Sponsor Voting Record | Lean left · DW-NOMINATE -0.39 · measured from every roll-call vote this member has cast (voteview.com) (Sponsor Ranking) |
| Support |
LLLCLRR support across the spectrum: 6 members signed on (Bill Ranking) this bill: sponsor + current cosponsors, each once |
| Committees | House - Judiciary Committee |
| Latest Action | 01/15/2025 Referred to the House Committee on the Judiciary. |
| Roll Call Votes | There have been no roll call votes |
| Source | view on congress.gov → |
Introduced in House (01/15/2025)
Private Student Loan Bankruptcy Fairness Act of 2025
This bill modifies the treatment of certain student loans in bankruptcy.
Specifically, it allows private student loans to be discharged in bankruptcy regardless of whether a debtor demonstrates undue hardship. Under current law, student loans may be discharged in bankruptcy only if the loans impose an undue hardship on the debtor.
119 HR 423 IH: Private Student Loan Bankruptcy Fairness Act of 2025 U.S. House of Representatives 2025-01-15 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I119th CONGRESS1st SessionH. R. 423IN THE HOUSE OF REPRESENTATIVESJanuary 15, 2025Mr. Cohen (for himself, Mr. Davis of Illinois, Mr. Swalwell, Ms. Moore of Wisconsin, and Ms. Brownley) introduced the following bill; which was referred to the Committee on the JudiciaryA BILLTo amend title 11 of the United States Code to modify the dischargeability of debts for certain educational payments and loans.1.Short titleThis Act may be cited as the Private Student Loan Bankruptcy Fairness Act of 2025.2.Exceptions to dischargeSection 523(a)(8) of title 11, United States Code, is amended—(1)by striking subparagraph (B); and(2)in subparagraph (A)—(A)in clause (i)—(i)by striking (i); and(ii)by inserting any program for which substantially all of the funds are provided by a after unit or; and(B)in clause (ii)—(i)by striking (ii) and inserting (B); and(ii)by striking or at the end.3.Effective date; application of amendments(a)Effective dateExcept as provided in subsection (b), this Act and the amendments made by this Act shall take effect on the date of the enactment of this Act.(b)Application of amendmentsThe amendments made by this Act shall apply only with respect to cases commenced under title 11 of the United States Code on or after the date of the enactment of this Act.
The bill's own words, from our database (synced from the GPO BILLS XML); paragraph breaks added at the bill's section boundaries, nothing else changed.
| Date | Chamber | All Actions |
|---|---|---|
| 01/15/2025 | Library of Congress | Introduced in House |
| 01/15/2025 | Library of Congress | Introduced in House |
| 01/15/2025 | House floor actions | Referred to the House Committee on the Judiciary. |
| Title Type | Title |
|---|---|
| Display Title | Private Student Loan Bankruptcy Fairness Act of 2025 |
| Official Title as Introduced | To amend title 11 of the United States Code to modify the dischargeability of debts for certain educational payments and loans. |
| Short Title(s) as Introduced | Private Student Loan Bankruptcy Fairness Act of 2025 |
There are no amendments to this bill.
* = Original cosponsor
| Committee | Activity |
|---|---|
| House - Judiciary Committee | 01/15/2025 Referred To |
No related bill information was received for H.R. 423.
Policy Area: Finance and Financial Sector
No legislative subjects have been assigned yet.
All data on this page comes from our own database (legislation.congress_* tables), synced daily from the GPO govinfo BILLSTATUS and BILLS collections. Formatted after congress.gov; nothing is generated. Member placement is their DW-NOMINATE score (voteview.com, Lewis et al.) - a measurement of roll-call voting behavior, not our judgement. Buckets: Left below −0.50 · Lean Left to −0.25 · Center to +0.25 · Lean Right to +0.50 · Right above +0.50. The bill's Support meter aggregates the people who signed the bill - sponsor and current cosponsors, each counted once - nothing else.