Text: S.729 — 114th Congress (2015-2016)All Information (Except Text)

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Introduced in Senate (03/12/2015)


114th CONGRESS
1st Session
S. 729


To amend title 11, United States Code, with respect to certain exceptions to discharge in bankruptcy.


IN THE SENATE OF THE UNITED STATES

March 12, 2015

Mr. Durbin (for himself, Mr. Whitehouse, Mr. Franken, Mr. Blumenthal, Mrs. Murray, Mr. Reed, Ms. Warren, Mr. Wyden, Mrs. Boxer, Mr. Kaine, Mr. Schatz, Mrs. Gillibrand, and Ms. Hirono) introduced the following bill; which was read twice and referred to the Committee on the Judiciary


A BILL

To amend title 11, United States Code, with respect to certain exceptions to discharge in bankruptcy.

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 “Fairness for Struggling Students Act of 2015”.

SEC. 2. Exceptions to discharge.

Section 523(a)(8) of title 11, United States Code, is amended by striking “dependents, for” and all that follows through the end of subparagraph (B) and inserting “dependents, for an educational benefit overpayment or loan made, insured, or guaranteed by a governmental unit or made under any program funded in whole or in part by a governmental unit or an obligation to repay funds received from a governmental unit as an educational benefit, scholarship, or stipend;”.