[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4525 Engrossed in House (EH)]


  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
109th CONGRESS
  1st Session
                                H. R. 4525

_______________________________________________________________________

                                 AN ACT


 
 To temporarily extend the programs under the Higher Education Act of 
                     1965, 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. SHORT TITLE.

    This Act may be cited as the ``Second Higher Education Extension 
Act of 2005''.

SEC. 2. EXTENSION OF PROGRAMS.

    (a) General Extension.--Section 2(a) of the Higher Education 
Extension Act of 2005 (P.L. 109-81; 20 U.S.C. 1001 note) is amended by 
striking ``December 31, 2005'' and inserting ``March 31, 2006''.
    (b) Extension of Limitations on Special Allowance for Loans From 
the Proceeds of Tax Exempt Issues.--Section 438(b)(2)(B) of the Higher 
Education Act of 1965 (20 U.S.C. 1087-1(b)(2)(B)) is amended by 
striking ``January 1, 2006'' each place it appears in clauses (iv) and 
(v)(II) and inserting ``April 1, 2006''.
    (c) Extension of Effective Date Limitation on Higher Teacher Loan 
Forgiveness Benefits.--
            (1) Amendment.--Paragraph (3) of section 3(b) of the 
        Taxpayer-Teacher Protection Act of 2004 (P.L. 108-409; 20 
        U.S.C. 1078-10 note) is amended by striking ``October 1, 2005'' 
        and inserting ``June 30, 2007''.
            (2) Technical amendment.--Section 2 of such Act is amended 
        by inserting ``of the Higher Education Act of 1965'' after 
        ``438(b)(2)(B)''.
    (d) Effective Dates.--
            (1) In general.--Except as provided in paragraph (2), the 
        amendments made by this section are effective upon enactment.
            (2) Exception.--The amendment made by subsection (c)(1) 
        shall take effect as if enacted on October 1, 2005.

SEC. 3. ELIGIBILITY PROVISION.

    Notwithstanding section 102(a)(4)(A) of the Higher Education Act of 
1965 (20 U.S.C. 1002(a)(4)(A)), the Secretary of Education shall not 
take into account a bankruptcy petition filed in the United States 
Bankruptcy Court for the Southern District of New York in July, 2005, 
in determining whether a nonprofit educational institution that is a 
subsidiary of an entity that filed such petition meets the definition 
of an ``institution of higher education'' under section 102 of that Act 
(20 U.S.C. 1002).

            Passed the House of Representatives December 17, 2005.

            Attest:

                                                                 Clerk.
109th CONGRESS

  1st Session

                               H. R. 4525

_______________________________________________________________________

                                 AN ACT

 To temporarily extend the programs under the Higher Education Act of 
                     1965, and for other purposes.