[Congressional Record Volume 143, Number 110 (Wednesday, July 30, 1997)]
[Senate]
[Page S8373]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




    THE NEED-BASED EDUCATIONAL AID ANTITRUST PROTECTION ACT OF 1997

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                  DeWINE (AND KOHL) AMENDMENT NO. 1046

  Mr. SANTORUM (for Mr. DeWine, for himself and Mr. Kohl) proposed an 
amendment to the bill (H.R. 1866) to continue favorable treatment for 
need-based educational aid under the antitrust laws; as follows:

       Strike section 2 and insert the following:

     SEC. 2. CONTINUATION OF FAVORABLE TREATMENT FOR NEED-BASED 
                   EDUCATIONAL AND UNDER THE ANTITRUST LAWS.

       (a) Amendments.--Section 568 of the Improving America's 
     Schools Act of 1994 (15 U.S.C. 1 note) is amended--
       (1) in subsection (a)--
       (A) in the heading, by striking ``Temporary''; and
       (B) by striking paragraph (4) and inserting the following:
       ``(4) to exchange through an independent third party, 
     before awarding need-based financial aid to any of such 
     students who is commonly admitted to the institutions of 
     higher education involved, data submitted by the student so 
     admitted, the student's family, or a financial institution on 
     behalf of the student or the student's family relating to 
     assets, liabilities, income, expenses, the number of family 
     members, and the number of the student's siblings in college, 
     if each of such institutions of higher education is permitted 
     to retrieve such data only once with respect to the 
     student.''; and
       (2) in subsection (d), by striking ``September 30, 1997'' 
     and inserting ``September 30, 2001''.
       (b) Effective Date.--The amendments made by subsection (a) 
     shall take effect immediately before September 30, 1997.

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