[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6466 Introduced in House (IH)]

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117th CONGRESS
  2d Session
                                H. R. 6466

To amend the Higher Education Act of 1965 to remove all adverse credit 
history related to a loan from the credit history of a borrower who has 
                        rehabilitated the loan.


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                    IN THE HOUSE OF REPRESENTATIVES

                            January 20, 2022

Ms. Williams of Georgia (for herself, Ms. Ross, Ms. Stevens, Ms. Adams, 
Mrs. Lawrence, Mr. Moulton, Ms. Jackson Lee, Mrs. McBath, Ms. Manning, 
     Mr. Bishop of Georgia, Ms. Wilson of Florida, and Ms. Norton) 
 introduced the following bill; which was referred to the Committee on 
                          Education and Labor

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                                 A BILL


 
To amend the Higher Education Act of 1965 to remove all adverse credit 
history related to a loan from the credit history of a borrower who has 
                        rehabilitated the loan.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Student Loan Rehabilitation and 
Credit Score Improvement Act of 2022''.

SEC. 2. DEFAULT REDUCTION PROGRAM.

    Section 428F(a)(1)(C) of the Higher Education Act of 1965 (20 
U.S.C. 1078-6(a)(1)(C)) is amended by striking ``to remove the record 
of the default from the borrower's credit history'' and inserting ``to 
remove any adverse item of information relating to such loan from the 
borrower's credit history''.
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