S.Amdt. 4810Senate109th Congress (2005-2007)

S.Amdt. 4810

Submitted August 2, 2006

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Senate amendment submitted

August 2, 2006

Text

Submitted

SA 4810. Mrs. MURRAY submitted an amendment intended to be proposed
by her to the bill H.R. 5631, making appropriations for the Department
of Defense for the fiscal year ending September 30, 2007, and for other
purposes; which was ordered to lie on the table; as follows:

At the end of title VIII, add the following:
Sec. 8109. Part G of title IV of the Higher Education Act
of 1965 (20 U.S.C. 1088 et seq.) is amended by adding at the
end the following:

``SEC. 494. STUDENT LOAN DEFERMENT FOR CERTAIN MEMBERS OF THE
ARMED FORCES.

``Notwithstanding any other provision of this Act--
``(1) a member of the Armed Forces serving in a combat
operation or combat zone, as designated by the Secretary of
Defense, or a member of a reserve component of the Armed
Forces who is serving pursuant to a call or order to active
duty for a period of more than 30 days, shall be eligible for
a deferment of any loan made, insured, or guaranteed under
this title, under which periodic installments of principal
need not be paid, but interest shall accrue and be paid by
the Secretary, during the period of such service and for 6
months after such period; and
``(2) each institution of higher education that
participates in any program under this title shall provide,
to each student who is enrolled in the institution at the
commencement of such service, the option to reenroll in the
institution after the completion of such service.''.
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