S.Amdt. 5509
What it does: Adds SEC. 652. NO ACCRUAL OF INTEREST FOR MEMBERS OF THE ARMED FORCES ON ACTIVE DUTY at the end of subtitle E of title VIWhat it changes
1 change to S. 3001 · shown in the bill's text
Adds SEC. 652. NO ACCRUAL OF INTEREST FOR MEMBERS OF THE ARMED FORCES ON ACTIVE DUTY at the end of subtitle E of title VI
Adds a sectionIn S. 3001 · Placed on Calendar Senate
(3) has a service-connected disability rated 100 percent disabling (including a disability of 100 percent mental disability), as determined by the Secretary of Veterans Affairs or the Secretary of the military department concerned, and is not gainfully employed because of such disability.
Inserted: SEC. 652. NO ACCRUAL OF INTEREST FOR MEMBERS OF THE ARMED FORCES ON ACTIVE DUTY.
Inserted: (a) In General.--Section 455(o) of the Higher Education Act of 1965 (20 U.S.C. 1087e(o)) is amended--
Inserted: (1) in paragraph (1)--
Inserted: (A) by striking "paragraphs (2) and (4)" and inserting "paragraph (3)"; and
Inserted: (B) by striking "for which the first disbursement is made on or after October 1, 2008";
Inserted: (2) by striking paragraph (2); and
Inserted: (3) by redesignating paragraphs (3) and (4) as paragraphs (2) and (3), respectively.
Inserted: (b) Effective Date.--The amendments made by subsection (a) shall take effect on the date of enactment of this Act.
Original wording
At the end of subtitle E of title VI, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 5509. Mr. BAYH (for himself, Mr. Sessions, Mr. Kennedy, Mrs. Clinton, Mr. Lieberman, Mr. Obama, and Mr. Inhofe) submitted an amendment intended to be proposed by him to the bill S. 3001, to authorize appropriations for fiscal year 2009 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; which was ordered to lie on the table; as follows:
At the end of subtitle E of title VI, add the following:
SEC. 652. NO ACCRUAL OF INTEREST FOR MEMBERS OF THE ARMED FORCES ON ACTIVE DUTY.
(a) In General.--Section 455(o) of the Higher Education Act of 1965 (20 U.S.C. 1087e(o)) is amended--
(1) in paragraph (1)--
(A) by striking “paragraphs (2) and (4)” and inserting “paragraph (3)”; and
(B) by striking “for which the first disbursement is made on or after October 1, 2008”;
(2) by striking paragraph (2); and
(3) by redesignating paragraphs (3) and (4) as paragraphs (2) and (3), respectively.
(b) Effective Date.--The amendments made by subsection (a) shall take effect on the date of enactment of this Act.
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Senate amendment submitted
September 15, 2008