[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[S. 2371 Enrolled Bill (ENR)]

        S.2371

                       One Hundred Tenth Congress

                                 of the

                        United States of America


                          AT THE FIRST SESSION

          Begun and held at the City of Washington on Thursday,
            the fourth day of January, two thousand and seven


                                 An Act


 
To amend the Higher Education Act of 1965 to make technical corrections.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,
SECTION 1. 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.
SEC. 2. 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 borrower's 
income-based repayment under this section solely on the basis of the 
borrower's student loan debt and adjusted gross income.''.
SEC. 3. TEACH GRANTS TECHNICAL AMENDMENTS.
    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''; and
        (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.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.