[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9558 Introduced in House (IH)]
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117th CONGRESS
2d Session
H. R. 9558
To direct the Secretary of Education to forgive the Federal student
loans of borrowers who are enrolled for benefits under part A of title
XVIII of the Social Security Act, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
December 14, 2022
Mr. Schiff (for himself, Mr. Bowman, Mrs. Cherfilus-McCormick, Mr.
Grijalva, Mr. Carson, Ms. Norton, Mr. Gomez, and Ms. Newman) introduced
the following bill; which was referred to the Committee on Education
and Labor, and in addition to the Committee on Energy and Commerce, for
a period to be subsequently determined by the Speaker, in each case for
consideration of such provisions as fall within the jurisdiction of the
committee concerned
_______________________________________________________________________
A BILL
To direct the Secretary of Education to forgive the Federal student
loans of borrowers who are enrolled for benefits under part A of title
XVIII of the Social Security Act, and for other purposes.
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 Relief for Medicare and
Social Security Recipients Act of 2022''.
SEC. 2. FEDERAL STUDENT LOAN FORGIVENESS FOR BORROWERS ENROLLED IN
MEDICARE.
(a) Forgiveness Required.--Notwithstanding any other provision of
law, the Secretary of Education shall forgive the outstanding balance
of principal, interest, and fees due on the eligible Federal student
loans of borrowers who meet the requirements of subsection (b).
(b) Eligibility.--A borrower is eligible to receive forgiveness
under this section if, at the time of application for forgiveness, such
borrower is--
(1) enrolled for benefits under part A of title XVIII of
the Social Security Act (42 U.S.C. 1395c et seq.); or
(2) in the 24-month waiting period for such benefits as
described under section 226(b) of the Social Security Act (42
U.S.C. 426(b)).
(c) Application.--A borrower seeking forgiveness under this section
shall submit to the Secretary of Education an application at such time,
in such manner, and containing such information as the Secretary may
require.
(d) Method of Loan Forgiveness.--As soon as practicable after the
Secretary of Education confirms that an applicant meets the
requirements of subsection (b), the Secretary of Education shall--
(1) for each eligible Federal student loan of the borrower
that is held by the Department of Education, cancel the
outstanding balance of principal, interest, and fees due on the
loan; and
(2) for each eligible Federal student loan of the borrower
that is not held by the Department of Education--
(A) through the holder of a loan, assume the
obligation to repay the outstanding balance of
principal, interest, and fees due on the loan; and
(B) upon assuming such obligation, cancel the
outstanding balance of such principal, interest, and
fees.
(e) Repayment Refunds Prohibited.--Nothing in this section shall be
construed to authorize the refund of any payments made by a borrower on
an eligible Federal student before the date on which the borrower's
loans are forgiven in accordance with this section.
(f) Definitions.--In this section:
(1) Eligible federal student loan.--The term ``eligible
Federal student loan'' means a loan--
(A) received by a borrower at least 10 years before
the date on which such borrower applies for forgiveness
under subsection (c);
(B) used to pay for--
(i) the undergraduate or graduate education
of the borrower; or
(ii) in the case of a loan made to a parent
on behalf of a dependent student, the
undergraduate or graduate education of such
dependent student; and
(C) made, insured, or guaranteed under--
(i) part B, part D, or part E of title IV
of the Higher Education Act of 1965 (20 U.S.C.
1070 et seq.), including a consolidation loan;
or
(ii) part E of title VIII of the Public
Health Service Act.
(2) Fees.--The term ``fees'' means any amounts owed by a
borrower, other than principal and interest, on an eligible
Federal student loan, including the amounts of any outstanding
administrative fees, late charges, and collection costs.
(3) Graduate education.--The term ``graduate education''
means a postbaccalaureate program of study that leads to a
graduate degree, including a master's or doctoral degree.
(4) Institution of higher education.--The term
``institution of higher education'' has the meaning given that
term in section 102 of the Higher Education Act of 1965 (20
U.S.C. 1002).
(5) Undergraduate education.--The term ``undergraduate
education'' means a postsecondary program of study at an
institution of higher education that leads to a certificate,
associate degree, or baccalaureate degree.
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