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P.L. 110-153, A bill to amend the Higher Education Act of 1965 to make technical corrections

  • This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Comparing revision saved on December 7, 2007, 18:31:07 (webmaster), with revision saved on March 14, 2008, 04:09:30 (webmaster):

S. 2371 would amend the Higher Education Act of 1965 to make technical corrections.

== Detailed Summary ==

<summary>
(Log in<b>(This measure has not been amended since it was passed by the House on December 5, 2007. The summary of that version is repeated here.)</b>

Makes technical changes
to editamendments the wikiCollege Cost Reduction and Access Act of 2007 made to the Higher Education Act of 1965 (HEA).

Excludes from untaxed income and benefits considered part of total income in federal student need analyses the amount of additional child tax credit claimed for federal income tax purposes, as well as the following currently included amounts: (1) welfare benefits; (2) untaxed Social Security benefits; and (3) earned income credits, credits for the federal tax on special fuels, and foreign income excluded from gross income as claimed for federal income tax purposes.<br>

Provides that, for married borrowers who file separate tax returns, income-based loan repayments under the HEA shall
be determined solely on the firstbasis of the individual borrower's student loan debt and adjusted gross income.

Amends HEA
to providemake technical amendments with respect to Teacher Education Assistance for College and Higher Education (TEACH) Grants.

Revises the &quot;student assistance&quot; addend in the computation of the amount of
a detailed summaryTEACH grant (which together with such assistance and federal assistance must not exceed the cost of attendance). Replaces &quot;student assistance&quot; with &quot;other assistance the bill!)student may receive&quot; (which may or may not include student assistance as such).

Repeals the requirement that the amount of the TEACH Grant for a teacher candidate be reduced, if necessary, until it does not exceed the cost of attendance.

</summary>

<!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. -->

== Status of the Legislation ==

<status>
Latest Major Action: 12/6/2007: Resolving differences -- Senate actions. Status: Senate concurred in House amendment by Unanimous Consent.12/19/2007: Presented to President.
</status>

<!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. -->

== Points in Favor ==

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== Points Against ==

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