S.Amdt. 3765Senate111th Congress (2009-2011)2nd degree
S.Amdt. 3765
Sponsored by
Sen. Al Franken (D-MN)
Submitted May 3, 2010
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Senate amendment submitted
May 3, 2010
Text
Submitted
SA 3765. Mr. FRANKEN (for himself, Mr. Durbin, and Mr. Whitehouse) submitted an amendment intended to be proposed to amendment SA 3739 proposed by Mr. Reid (for Mr. Dodd (for himself and Mrs. Lincoln)) to the bill S. 3217, to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end ``too big to fail'', to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes; which was ordered to lie on the table; as follows: At the end of title II, add the following: SEC. 212. EXCEPTIONS TO DISCHARGE IN BANKRUPTCY. Section 523(a)(8) of title 11, United States Code, is amended by striking ``dependents, for'' and all that follows through the end of subparagraph (B) and inserting ``dependents, for an educational benefit overpayment or loan made, insured, or guaranteed by a governmental unit or made under any program funded in whole or in part by a governmental unit or an obligation to repay funds received from a governmental unit as an educational benefit, scholarship, or stipend;''. ______