Page:United States Statutes at Large Volume 102 Part 4.djvu/152

 102 STAT. 3122

PUBLIC LAW 100-607—NOV. 4, 1988 (1) Except as provided in paragraph (2), the amendments made by this title shall take effect on the date of enactment of this Act. (2) Section 903(b)(l) of the Federal Food, Drug, and Cosmetic Act (as added by subsection (a) of this section) shall apply to the appointments of Commissioners of Food and Drugs made after the date of enactment of this Act.

Health Professions Reauthorization Act of 1988.

TITLE VI—HEALTH PROFESSIONS REAUTHORIZATION ACT OF 1988 SEC. 601. SHORT TITLE; REFERENCE.

42 USC 201 note.

(a) SHORT TITLE.—This Act may be cited as the "Health Professions Reauthorization Act of 1988. (b) REFERENCE.—Ebccept as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Public Health Service Act. SEC. 602. FEDERAL PROGRAM OF INSURED LOANS TO GRADUATE STUDENTS IN HEALTH PROFESSIONS SCHOOLS. (a) ESTABLISHMENT OF ADDITIONAL CREDIT AUTHORITT.—Section

728(a) (42 U.S.C. 294a(a)) is amended in the first sentence by striking "and" after "1987;" and by inserting before the period the following: "; $325,000,000 for fiscal year 1989; $375,000,000 for fiscal year 1990; and $400,000,000 for fiscal year 1991". (b) EXTENSION OF PERIOD FOR INSURANCE OF NEW LOANS.—Section

728(a) (42 U.S.C. 294a(a)) is amended— (1) by inserting before the period at the end of the second sentence the following: ", and if in any fiscal year no ceiling has been established, any difference carried over shall constitute the ceiling for making new loans and paying installments for such fiscal year."; and (2) in the third sentence by striking "1991," and inserting "1994,". (c) PROHiBrnoN AGAINST APPORTIONMENTS OF CREDIT AUTHORITY.—Section 728(a) (42 U.S.C. 294a(a)) is amended by adding at the end the following new sentence: "The total principal amount of Federal loan insurance available under this subsection shall be granted by the Secretary without r^ard to any apportionment for the purpose of chapter 15 of title 31, United States Code, and without r^ard to any similar limitation.". (d) PRIORITY IN PROVISION OF INSURANCE.—Section 728(b) (42

U.S.C. 294a(b)) is amended by inserting "(1)" after the subsection designation and by adding at the end the following new paragraph: "(2) In providing certificates of insurance under section 732 through comprehensive contracts, the Secretary shall give priority to eligible lenders that agree— "(A) to make loans to students at interest rates below the rates prevailing, during the period involved, for loans covered by Federal loan insurance pursuant to this subpart; or "(B) to make such loans under terms that are otherwise favorable to the student relative to the terms under which

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