Page:United States Statutes at Large Volume 101 Part 1.djvu/368

 101 STAT. 338 20 USC 1087w.

20 USC 1070a-2.

PUBLIC LAW 100-50—JUNE 3, 1987

in section 480(e) of this Act), the net value of a principal place of residence shall be considered to be zero". (0 ASSESSMENT OF DISCRETIONARY INCOME.—(1) Section 411B(f)(l) of the Act is amended to read as follows: "(f) ASSESSMENT OF DISCRETIONARY INCOME.—(1) The discretionary

income that is assessed under this subsection is equal to (A) the effective family income (as determined under subsection (d)), minus (B) the total offsets to such income (as determined under subsection (e)). If such discretionary income is a negative amount, the contribution from the parents' income is zero.". 20 USC 1070a-3. (2) Section 411C(e)(l) of the Act is amended to read as follows: "(e) ASSESSMENT OF DISCRETIONARY INCOME.—(1) The discretionary

20 USC 1070a-4.

income that is assessed under this subsection is equal to (A) the effective family income (as determined under subsection (c)), minus (B) the total offsets to such income (as determined under subsection (d)). If such discretionary income is a negative amount, the contribution from the student's (and spouse's) income is zero.". (3) Section 411D(e)(l) of the Act is amended to read as follows: "(e) ASSESSMENT OF DISCRETIONARY INCOME.—(1) The discretionary

income that is assessed under this subsection is equal to (A) the effective family income (as determined under subsection (c)), minus (B) the total offsets to such income (as determined under subsection (d)). If such discretionary income is a negative amount, the contribution from the student's (and spouse's) income is zero.". (4) Sections 411B(f)(2), 411B(j)(2), 411C(e)(2), and 411D(e)(2) of the Act are each amended by striking out "effective family income" each place it appears in the text thereof and inserting "discretionary income". (5) The tables in sections 411B(f)(2) and 411C(e)(2) of the Act are each amended— (A) by striking out "Effective family income" and inserting "Discretionary income"; and (B) by striking out "effective family income" and inserting "discretionary income". (g) TREATMENT OF DISLOCATED WORKERS AND DISPLACED HOME-

MAKERS.—Sections 411B(g)(l), 411C(f)(l), and 411D(f)(3) of the Act are .<}-wMeach amended by inserting before the period at the end of the first sentence the following: ", except that in the case of a dislocated worker (certified in accordance with title III of the Job Training 29 USC 1651. Partnership Act) or a displaced homemaker (as defined in section 480(e) of this Act), the net value of a principal place of residence shall be considered to be zero". 20 USC 1070a-6. (h) CORRECTION OF REFERENCES.—(1) Section 411F(1)(B) is amended by striking out "paragraph (13)" and inserting "paragraph (15)". (2) Section 411C(f)(5)(B) of the Act is amended by striking out "the calculation of effective family income required by subsection (c)" and inserting in lieu thereof "the assessment of discretionary income under subsection (e)". (i) TUITION AND FEES.—Section 411F(5)(A) is amended by striking out "student's tuition and uniform compulsory fees" and inserting "tuition and uniform compulsory fees normally charged a full-time student". (j) DEPENDENT OF A STUDENT.—Section 411F(6) is amended to read as follows: "(6) Except as otherwise provided, the term (A) 'dependent of the student' means the student's spouse, the student's dependent children, and other persons who live with and receive more

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