[Congressional Record Volume 143, Number 110 (Wednesday, July 30, 1997)]
[Senate]
[Page S8383]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




      NEED-BASED EDUCATIONAL AID ANTITRUST PROTECTION ACT OF 1997

  Mr. SANTORUM. Mr. President, I ask unanimous consent that the Senate 
proceed to the immediate consideration of H.R. 1866, which was received 
from the House.
  The PRESIDING OFFICER. The clerk will report.
  The assistant legislative clerk read as follows:

       A bill (H.R. 1866) to continue favorable treatment for 
     need-based educational aid under the antitrust laws.

  There being no objection, the Senate proceeded to consider the bill.


                           Amendment No. 1046

 (Purpose: To limit the application of an exemption of antitrust laws 
  relating to need-based educational aid and to extend the period of 
                    applicability of that exemption)

  Mr. SANTORUM. Mr. President, Senators DeWine and Kohl have an 
amendment at the desk. I ask for its immediate consideration.
  The PRESIDING OFFICER. The clerk will report.
  The assistant legislative clerk read as follows:

       The Senator from Pennsylvania [Mr. Santorum], for Mr. 
     DeWine, for himself and Mr. Kohl, proposes an amendment 
     numbered 1046.

  Mr. SANTORUM. Mr. President, I ask unanimous consent that reading of 
the amendment be dispensed with.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The amendment is as follows:
       Strike section 2 and insert the following:

     SEC. 2. CONTINUATION OF FAVORABLE TREATMENT FOR NEED-BASED 
                   EDUCATIONAL AID 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.

  THE PRESIDING OFFICER. If there be no further debate, the question is 
on agreeing to the amendment.
  The amendment (No. 1046) was agreed to.
  Mr. SANTORUM. I ask unanimous consent the bill be considered read a 
third time and passed, as amended, the motion to reconsider be laid on 
the table, and any statements relating to this bill be placed at the 
appropriate place in the Record.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The bill (H.R. 1866), as amended, was considered read the third time 
and passed.

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