Page:United States Statutes at Large Volume 112 Part 2.djvu/836

 112 STAT. 1720 PUBLIC LAW 105-244 —OCT. 7, 1998 "(d) REGULATIONS. —The Secretary is authorized to issue such regulations as may be necessary to carry out the provisions of this section. "(e) CONSTRUCTION. —Nothing in this section shall be construed to authorize any refunding of any canceled loan. "(f) LIST.— If the list of schools in which a teacher may perform service pursuant to subsection (b) is not available before May 1 of any year, the Secretary may use the list for the year preceding the year for which the determination is made to make such service determination. "(g) ADDITIONAL ELIGIBILITY PROVISIONS.— "(1) CONTINUED ELIGIBILITY.— Any teacher who performs service in a school that— "(A) meets the requirements of subsection (b)(l)(A) in any year during such service; and "(B) in a subsequent year fails to meet the requirements of such subsection, may continue to teach in such school and shall be eligible for loan cancellation pursuant to subsection (b). "(2) PREVENTION OF DOUBLE BENEFITS.— NO borrower may, for the same volunteer service, receive a benefit under both this section and subtitle D of title I of the National and Community Service Act of 1990 (42 U.S.C. 12571 et seq.). "(h) DEFINITION. —For the purpose of this section, the term 'year' where applied to service as a teacher means an academic year as defined by the Secretary.". PART E—FEDERAL PERKINS LOANS SEC. 461. AUTHORIZATION OF APPROPRIATIONS. Subsection (b) of section 461 (20 U.S.C. 1087aa) is amended— (1) in paragraph (1), by striking "1993" and inserting " 1999"; and (2) in paragraph (2), by striking "1997" each place the term appears and inserting "2003". SEC. 462. ALLOCATION OF FUNDS. (a) CHANGES IN ALLOCATION FORMULA.— (1) UPDATING THE BASE PERIOD.— Section 462(a) (20 U.S.C. 1087bb(a)) is amended— (A) in paragraph (1)(A), by striking "the amount of the Federal capital contribution allocated to such institution under this part for fiscal year 1985" and inserting "the amount received under subsections (a) and (b) of this section for fiscal year 1999 (as such subsections were in effect with respect to allocations for such fiscal year)"; (B) in paragraph (2)— (i) in subparagraphs (A) and (B), by striking "1985" each place the term appears and inserting "1999"; and (ii) in subparagraph (C)(i), by striking "1986" and inserting "2000". (2) ELIMINATION OF PRO RATA SHARE. —Section 462 is further amended— (A) in subsection (a)— (i) in paragraph (I)(B), by striking "subsection (f)" and inserting "subsection (e)";

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