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HR 6889 RDS110th CONGRESS2d SessionH. R. 6889IN THE SENATE OF.R.6889
One Hundred Tenth Congress
of the
United States of America
AT THE UNITED STATESSeptember 16, 2008Received
AN ACTSECOND SESSION
Begun and held at the City of Washington on Thursday,
the third day of January, two thousand and eight
An Act
To extend the authority of the Secretary of Education to purchase guaranteed student loans for an additional year, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. EXTENSION OF STUDENT LOAN PURCHASE AUTHORITY.
Section 459A of the Higher Education Act of 1965 (20 U.S.C. 1087i-1) is amended--
(1) by striking ‘July 1, 2009’ each place it appears in subsections (a)(1) and (f) and inserting ‘July 1, 2010’; and
(2) in subsection (e)--
(A) by striking ‘September 30, 2009’ each place it appears in paragraphs (1)(A) and (2) and inserting ‘September 30, 2010’;
(B) by striking ‘February 15, 2010’ in paragraph (2) and inserting ‘February 15, 2011’; and
(C) by striking ‘2009, and 2010’ in paragraph (3) and inserting ‘2009, 2010, and 2011’.
SEC. 2. EXTENSION OF AUTHORITY TO DESIGNATE LENDERS FOR LENDER-OF-LAST-RESORT PROGRAM.
Section 428(j) of the Higher Education Act of 1965 (20 U.S.C. 1078(j)) is amended--
(1) in paragraph (6), by striking ‘June 30, 2009’ and inserting ‘June 30, 2010’;
(2) in paragraph (7), by striking ‘June 30, 2009’ and inserting ‘June 30, 2010’; and
(3) in paragraph (9)(A)--
(A) in clause (ii), by striking ‘June 30, 2010’ and inserting ‘June 30, 2011’;
(B) in clause (ii)(III), by striking ‘June 30, 2009’ and inserting ‘June 30, 2010’; and
(C) in clause (iii), by striking ‘July 1, 2010’ and inserting ‘July 1, 2011’.
PassedSpeaker of the House of Representatives September 15, 2008.Attest:LORRAINE C. MILLER,Clerk.
Vice President of the United States and
President of the Senate.