[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7625 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 7625

To provide for the release of cosigners on private student loans in the 
               case of the death of the student borrower.


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                    IN THE HOUSE OF REPRESENTATIVES

                             July 16, 2020

  Ms. Craig introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To provide for the release of cosigners on private student loans in the 
               case of the death of the student borrower.

    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 ``Ryan Frascone Memorial Student Loan 
Relief Act of 2020''.

SEC. 2. APPLICABILITY OF CERTAIN AMENDMENTS TO THE TRUTH IN LENDING 
              ACT.

    Effective on the date of enactment of the Economic Growth, 
Regulatory Relief, and Consumer Protection Act (Public Law 115-174), 
section 601(b) of such Act is amended to read as follows:
    ``(b) Applicability.--The amendments made by subsection (a) shall 
apply to private education loan agreements entered into before, on, or 
after the date of enactment of this Act.''.
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