No Garnishing of Social Security for Student Debt Act

House Bill 5907 - No Garnishing of Social Security for Student Debt Act: Overview, Status, and Impact

Hozzl · 2022-02-08T23:17:42Z

Explore the details of House Bill 5907 No Garnishing of Social Security for Student Debt Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Economics and Public Finance. Stay informed on legislative developments.

2/8/2022, 11:17 PM

Congressional Summary of HR 5907

No Garnishing of Social Security for Student Debt Act

This bill prohibits administrative offsets that use an individual's Social Security benefits to pay a federal student loan debt. (An administrative offset is the withholding of funds payable by or held by the United States to satisfy a debt.)

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Current Status of Bill HR 5907

Bill HR 5907 is currently in the status of Bill Introduced since February 13, 2020. Bill HR 5907 was introduced during Congress 116 and was introduced to the House on February 13, 2020. Bill HR 5907's most recent activity was Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law. as of March 10, 2020

Bipartisan Support of Bill HR 5907

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 5907

Primary Policy Focus

Economics and Public Finance

Potential Impact Areas

- Administrative remedies

- Debt collection

- Government lending and loan guarantees

- Higher education

- Social security and elderly assistance

- Student aid and college costs

Alternate Title(s) of Bill HR 5907

No Garnishing of Social Security for Student Debt Act

To amend title 31, United States Code, to prohibit administrative offsets of social security benefit payments and social security disability insurance benefit payments with respect to claims arising from Federal student loans, and for other purposes.

No Garnishing of Social Security for Student Debt Act