COVID-19 Student Loan Relief Act (CSLRA) of 2020

Summary

Official

COVID-19 Student Loan Relief Act (CSLRA) of 2020 This bill allows student loan debt to be discharged in bankruptcy if (1) the debtor's income has declined by a specified amount during the COVID-19 (i.e., coronavirus disease 2019) outbreak or as a result of the outbreak, or (2) the primary income earner of the debtor's family died or became seriously disabled as a result of COVID-19.

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Bill Progress

Bill has been introduced and assigned a number

Introduced(7/16/20)

Committee

Passed House

Passed Senate

President

Law