[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 343 Introduced in House (IH)]







107th CONGRESS
  1st Session
                                H. R. 343

     To amend the Higher Education Act of 1965 to provide for the 
forgiveness of Perkins loans to members of the armed services on active 
                                 duty.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 31, 2001

  Mr. Frank introduced the following bill; which was referred to the 
                Committee on Education and the Workforce

_______________________________________________________________________

                                 A BILL


 
     To amend the Higher Education Act of 1965 to provide for the 
forgiveness of Perkins loans to members of the armed services on active 
                                 duty.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. CANCELLATION OF STUDENT LOANS FOR MILITARY SERVICE.

    Section 465(a) of the Higher Education Act of 1965 (20 U.S.C. 
1087ee(a)) is amended--
            (1) in paragraph (2), by striking subparagraph (E) and 
        inserting the following:
            ``(D) as a member of the Armed Forces of the United States 
        on active duty, as defined in section 101(d)(1) of title 10, 
        United States Code;'';
            (2) in paragraph (3)(A)--
                    (A) by inserting ``(D),'' after ``(A), (C),'' in 
                clause (i);
                    (B) by inserting ``or'' after the semicolon at the 
                end of clause (ii);
                    (C) by striking clause (iii); and
                    (D) by redesignating clause (iv) as clause (iii).
                                 <all>