[Congressional Record Volume 164, Number 43 (Monday, March 12, 2018)]
[Senate]
[Page S1640]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2204. Ms. HARRIS submitted an amendment intended to be proposed by
her to the bill S. 2155, to promote economic growth, provide tailored
regulatory relief, and enhance consumer protections, and for other
purposes; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. ___. REQUIREMENT OF BANKS THAT RECEIVE TAXPAYER-FUNDED
BAILOUTS TO DISCHARGE STUDENT LOAN DEBT.
Notwithstanding any other provision of law, any bank that
receives a taxpayer-funded bailout similar to the relief
provided under the Troubled Asset Relief Program established
under title I of the Emergency Economic Stabilization Act of
2008 (12 U.S.C. 5211 et seq.) shall discharge any student
loan debt held by the bank.
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