[United States Statutes at Large, Volume 119, 109th Congress, 1st Session]
[From the U.S. Government Printing Office, www.gpo.gov]

119 STAT. 2884

Public Law 109-150
109th Congress

An Act

To temporarily extend the programs under the Higher Education Act of
1965, and for other purposes.  NOTE: Dec. 30, 2005 -  [H.R. 4525]

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,  NOTE: Second Higher
Education Extension Act of 2005.

SECTION 1.  NOTE: 20 USC 1001 note.  SHORT TITLE.

This Act may be cited as the ``Second Higher Education Extension Act
of 2005''.


(a) General Extension.--Section 2(a) of the Higher Education
Extension Act of 2005 (P.L. 109-81; 20 U.S.C. 1001 note) is amended by
striking ``December 31, 2005'' and inserting ``March 31, 2006''.
(b) Extension of Limitations on Special Allowance for Loans From the
Proceeds of Tax Exempt Issues.--Section 438(b)(2)(B) of the Higher
Education Act of 1965 (20 U.S.C. 1087-1(b)(2)(B)) is amended by striking
``January 1, 2006'' each place it appears in clauses (iv) and (v)(II)
and inserting ``April 1, 2006''.
(c) Extension of Effective Date Limitation on Higher Teacher Loan
Forgiveness Benefits.--
(1) Amendment.--Paragraph (3) of section 3(b) of the
Taxpayer-Teacher Protection Act of 2004 (P.L. 108-409; 20 U.S.C.
1078-10 note) is amended by striking ``October 1, 2005'' and
inserting ``June 30, 2007''.
(2) Technical amendment.--Section 2 of such  NOTE: 20 USC
1087-1.  Act is amended by inserting ``of the Higher Education
Act of 1965'' after ``438(b)(2)(B)''.

(d) Effective  NOTE: 20 USC 1087-1 note.  Dates.--
(1) In general.--Except as provided in paragraph (2), the
amendments made by this section are effective upon enactment.
(2) Exception.--The amendment made by subsection (c)(1)
shall take effect as if enacted on October 1, 2005.


Notwithstanding section 102(a)(4)(A) of the Higher Education Act of
1965 (20 U.S.C. 1002(a)(4)(A)), the Secretary of Education shall not
take into account a bankruptcy petition filed in the United States
Bankruptcy Court for the Southern District of New York in July, 2005, in
determining whether a nonprofit educational institution that is a
subsidiary of an entity that filed such petition

[[Page 2885]]
119 STAT. 2885

meets the definition of an ``institution of higher education'' under
section 102 of that Act (20 U.S.C. 1002).

Approved December 30, 2005.


Dec. 17, considered and passed House.
Dec. 21, considered and passed Senate.