[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4103 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 4103

   To extend the authority of the Secretary of Education to purchase 
    guaranteed student loans for an additional year, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           November 18, 2009

   Mr. Kline of Minnesota (for himself, Mr. Guthrie, Mr. McKeon, Mr. 
   Hoekstra, Mr. Souder, Mr. Wilson of South Carolina, Mrs. McMorris 
      Rodgers, Mr. Cassidy, Mr. Roe of Tennessee, Mr. Thompson of 
Pennsylvania, and Mr. Ehlers) introduced the following bill; which was 
            referred to the Committee on Education and Labor

_______________________________________________________________________

                                 A BILL


 
   To extend the authority of the Secretary of Education to purchase 
    guaranteed student loans for an additional year, 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. EXTENSION OF STUDENT LOAN PURCHASE AUTHORITY.

    Section 459A of the Higher Education Act of 1965 (20 U.S.C. 1087i-
1) is amended--
            (1) by striking ``July 1, 2010'' each place it appears in 
        subsections (a)(1), (a)(3), and (f) and inserting ``July 1, 
        2011''; and
            (2) in subsection (e)--
                    (A) by striking ``September 30, 2010'' each place 
                it appears in paragraphs (1)(A) and (2) and inserting 
                ``September 30, 2011'';
                    (B) by striking ``February 15, 2011'' in paragraph 
                (2) and inserting ``February 15, 2012''; and
                    (C) by striking ``2010, and 2011'' in paragraph (3) 
                and inserting ``2010, 2011, and 2012''.

SEC. 2. EXTENSION OF AUTHORITY TO DESIGNATE LENDERS FOR LENDER-OF-LAST-
              RESORT PROGRAM.

    Section 428(j) of the Higher Education Act of 1965 (20 U.S.C. 
1078(j)) is amended--
            (1) in paragraph (6), by striking ``June 30, 2010'' and 
        inserting ``June 30, 2011'';
            (2) in paragraph (7), by striking ``June 30, 2010'' and 
        inserting ``June 30, 2011''; and
            (3) in paragraph (9)(A)--
                    (A) in the matter preceding subclause (I) of clause 
                (ii), by striking ``June 30, 2011'' and inserting 
                ``June 30, 2012'';
                    (B) in subclause (III) of clause (ii), by striking 
                ``June 30, 2010'' and inserting ``June 30, 2011''; and
                    (C) in clause (iii), by striking ``July 1, 2011'' 
                and inserting ``July 1, 2012''.
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