H.R. 3927 · 113th Congress

To amend section 3716 of title 31, United States Code, to raise to at least the poverty line the amount of Social Security benefits that are exempt from being offset to satisfy student loan debt.

Stage
In committee
Introduced
2014-01-21
Latest action
2014-03-20 · Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Summary

Raises to the poverty line the amount of social security, railroad retirement, and black lung benefits that are exempt from being offset to satisfy the outstanding balance of principal or interest an individual owes on a loan made, insured, or guaranteed under title IV (Student Assistance) of the Higher Education Act of 1965.