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    <updateDate>2022-11-01T04:17:50Z</updateDate>
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    <originChamber>House</originChamber>
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    <introducedDate>2019-10-18</introducedDate>
    <congress>116</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 165, Number 165 (Friday, October 18, 2019)][House]From the Congressional Record Online through the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]By Mr. CLAY:H.R. 4750.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H8259]</pre>]]></constitutionalAuthorityStatementText>
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        <title>To amend title 11 of the United States Code to make debts for student loans dischargeable.</title>
        <congress>116</congress>
        <number>5899</number>
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          <actionDate>2020-03-10</actionDate>
          <text>Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.</text>
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        <text>Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.</text>
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        <fullName>Rep. Clay, Wm. Lacy [D-MO-1]</fullName>
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        <lastName>CLAY</lastName>
        <party>D</party>
        <state>MO</state>
        <middleName>LACY</middleName>
        <district>1</district>
        <isByRequest>N</isByRequest>
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      <name>Finance and Financial Sector</name>
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          <name>Bankruptcy</name>
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          <name>Higher education</name>
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          <name>Student aid and college costs</name>
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        <updateDate>2020-12-09T19:53:38Z</updateDate>
        <text><![CDATA[ <p><b>Relief from Excessive Debt Act or the RED Act</b></p> <p>This bill permits a borrower to discharge in bankruptcy a nonprofit, government, or private student loan, or an obligation to repay an educational benefit, scholarship, or stipend.</p>]]></text>
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        <title>To amend title 11 of the United States Code to make student loans dischargeable.</title>
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    <latestAction>
      <actionDate>2019-11-15</actionDate>
      <text>Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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