Proposed
Bill · 119th Congress · HR 10220
SIMPLE Act
Refreshed 2 h ago
Introduced 2026-09-02Topic: higher education · technology privacySummary
AI-generated summary, report an errorThis bill changes federal student loan rules for borrowers who fall behind on payments. When a borrower is at least 31 days late, the Education Department would send a notice listing their loans, the repayment plans they qualify for, and estimated monthly payments, using IRS tax information the borrower approves sharing. If the borrower is at least 75 days late and has not picked a new plan, the Department would place them in the income-driven repayment plan with the lowest monthly payment, which the borrower could change. Borrowers rehabilitating defaulted loans would also be placed in such a plan after their 9th rehabilitation payment. Most changes would take effect July 1, 2028.
Sponsors
- Suzanne Bonamici Democrat sponsor
- 6 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-09-02 | House | Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2026-09-02 | House | Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2026-09-02 | Introduced in House | introduce | |
| 2026-09-02 | Introduced in House | introduce |