[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4594 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 4594

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

                             July 12, 2023

  Ms. Williams of Georgia (for herself, Ms. Adams, Ms. Ross, and Ms. 
   Stevens) introduced the following bill; which was referred to the 
                Committee on Education and the Workforce

_______________________________________________________________________

                                 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 ``Clean Slate through Rehabilitation 
Act''.

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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