110 HR 4153 EH: College Cost Reduction and Access Act U.S. House of Representatives 0 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 110th CONGRESS 1st Session H. R. 4153 IN THE HOUSE OF REPRESENTATIVES AN ACT To make certain technical corrections and transition amendments to the College Cost Reduction and Access Act.

1.

Short title

This Act may be cited as the College Cost Reduction and Access Act Technical Amendments of 2007.

2.

Federal Pell grants

(a)

Correction of designation

(1)

CCRAA Amendment

Section 101(a)(2) of the College Cost Reduction and Access Act (Public Law 110–84) is amended by striking paragraphs (4) through (9) as paragraphs (3) through (8) and inserting paragraphs (4) through (8) as paragraphs (3) through (7). (2)

Redesignation

Paragraph (9) of section 401(b) of the Higher Education Act of 1965 (20 U.S.C. 1070a(b)(9)), as added by section 102(b) of the College Cost Reduction and Access Act (Public Law 110–84), is redesignated as paragraph (8). (b)

Revision of availability rule

Paragraph (8) of section 401(b) of the Higher Education Act of 1965 (as redesignated by subsection (a)(2) of this section) is amended by striking subparagraph (F) and inserting the following: (F)

Use of fiscal year funds for award years

The amounts made available by subparagraph (A) for any fiscal year shall remain available for the fiscal year succeeding the fiscal year for which such amounts are made available. .

3.

Definition of untaxed income and benefits

(a)

Amendment

Section 480(b) of the Higher Education Act of 1965 (20 U.S.C. 1087vv(b)) is amended by striking paragraph (2) and inserting the following: (2)The term untaxed income and benefits shall not include— (A)the amount of additional child tax credit claimed for Federal income tax purposes; (B)welfare benefits, including assistance under a State program funded under part A of title IV of the Social Security Act and aid to dependent children; (C)the amount of earned income credit claimed for Federal income tax purposes; (D)the amount of credit for Federal tax on special fuels claimed for Federal income tax purposes; (E)the amount of foreign income excluded for purposes of Federal income taxes; or (F)untaxed social security benefits. . (b)

Effective date

This section and the amendment made by this section shall take effect on July 1, 2009.

4.

Definition of independent student

(a)

Amendment

Section 480(d)(1) of the Higher Education Act of 1965 (20 U.S.C. 1087vv(d)(1)) is amended by striking subparagraph (B) and inserting the following: (B)is an orphan, in foster care, or a ward of the court, or was an orphan, in foster care, or a ward of the court at any time when the individual was 13 years of age or older; . (b)

Effective date

This section and the amendment made by this section shall take effect on July 1, 2009.

5.

Income-based repayment for married borrowers filing separately

Section 493C of the Higher Education Act of 1965 (20 U.S.C. 1098e) is amended by adding at the end the following: (d)

Special rule for married borrowers filing separately

In the case of a married borrower who files a separate Federal income tax return, the Secretary shall calculate the amount of the borrowers income-based repayment under this section solely on the basis of the borrowers student loan debt and adjusted gross income. .

6.

Deferral of loan repayment following active duty

Section 493D(a) of the Higher Education Act of 1965 (20 U.S.C. 1098f(a)) is amended by inserting or full-time National Guard duty after is called or ordered to active duty.

7.

TEACH grants

Subpart 9 of part A of title IV of the Higher Education Act of 1965 (20 U.S.C. 1070g et seq.) is amended— (1)in section 420L(1)(B), by striking sound and inserting responsible; (2)in section 420M— (A)by striking academic year each place it appears in subsections (a)(1) and (c)(1) and inserting year; and (B)in subsection (c)(2)— (i)by striking other student assistance and inserting other assistance the student may receive; and (ii)by striking the second sentence.

8.

Redesignation and relocation

The Higher Education Act of 1965 (20 U.S.C. 1001 et seq.) is further amended— (1)by redesignating part J of title IV (as added by section 802 of the College Cost Reduction and Access Act (Public Law 110–84)) as part G of title III of the Higher Education Act of 1965, and moving such part from the end of title IV to the end of title III of such Act; and (2)by redesignating section 499A (as added by such section 802) as section 399A.

Passed the House of Representatives November 13, 2007. Lorraine C. Miller, Clerk.