[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1866 Engrossed Amendment Senate (EAS)]

  
  
  
  
  
  
  
  
  
  

                  In the Senate of the United States,

                                                         July 30, 1997.
      Resolved, That the bill from the House of Representatives (H.R. 
1866) entitled ``An Act to continue favorable treatment for need-based 
educational aid under the antitrust laws.'', do pass with the following

                               AMENDMENT:

    Page 2, strike out lines 4 through 17 and insert:

SEC. 2. CONTINUATION OF FAVORABLE TREATMENT FOR NEED-BASED EDUCATIONAL 
              AID UNDER THE ANTITRUST LAWS.

    (a) Amendments.--Section 568 of the Improving America's Schools Act 
of 1994 (15 U.S.C. 1 note) is amended--
            (1) in subsection (a)--
                    (A) in the heading, by striking ``Temporary''; and
                    (B) by striking paragraph (4) and inserting the 
                following:
            ``(4) to exchange through an independent third party, 
        before awarding need-based financial aid to any of such 
        students who is commonly admitted to the institutions of higher 
        education involved, data submitted by the student so admitted, 
        the student's family, or a financial institution on behalf of 
        the student or the student's family relating to assets, 
        liabilities, income, expenses, the number of family members, 
        and the number of the student's siblings in college, if each of 
        such institutions of higher education is permitted to retrieve 
        such data only once with respect to the student.''; and
            (2) in subsection (d), by striking ``September 30, 1997'' 
        and inserting ``September 30, 2001''.
    (b) Effective Date.--The amendments made by subsection (a) shall 
take effect immediately before September 30, 1997.

            Attest:

                                                             Secretary.
105th CONGRESS

  1st Session

                               H. R. 1866

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                               AMENDMENT