Page:United States Statutes at Large Volume 121.djvu/1049

 121 STAT. 1028

PUBLIC LAW 110–109—OCT. 31, 2007

Public Law 110–109 110th Congress An Act To temporarily extend the programs under the Higher Education Act of 1965, to amend the definition of an eligible not-for-profit holder, and for other purposes.

Oct. 31, 2007 [S. 2258] Third Higher Education Extension Act of 2007. 20 USC 1001 note.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE.

This Act may be cited as the ‘‘Third Higher Education Extension Act of 2007’’. SEC. 2. EXTENSION OF PROGRAMS.

Section 2(a) of the Higher Education Extension Act of 2005 (Public Law 109–81; 20 U.S.C. 1001 note) is amended by striking ‘‘October 31, 2007’’ and inserting ‘‘March 31, 2008’’. 20 USC 1001 note.

SEC. 3. RULE OF CONSTRUCTION.

Nothing in this Act, or in the Higher Education Extension Act of 2005 as amended by this Act, shall be construed to limit or otherwise alter the authorizations of appropriations for, or the durations of, programs contained in the amendments made by the Higher Education Reconciliation Act of 2005 (Public Law 109– 171) or by the College Cost Reduction and Access Act (Public Law 110–84) to the provisions of the Higher Education Act of 1965 and the Taxpayer-Teacher Protection Act of 2004. SEC. 4. DEFINITION OF ELIGIBLE NOT-FOR-PROFIT HOLDER.

dkrause on GSDDPC44 with PUBLAW

Section 435(p) of the Higher Education Act of 1965 (20 U.S.C. 1085(p)) is amended— (1) in paragraph (1), by striking subparagraph (D) and inserting the following: ‘‘(D) acting as a trustee on behalf of a State, political subdivision, authority, agency, instrumentality, or other entity described in subparagraph (A), (B), or (C), regardless of whether such State, political subdivision, authority, agency, instrumentality, or other entity is an eligible lender under subsection (d).’’; and (2) in paragraph (2)— (A) in subparagraph (A)(i), by striking subclause (II) and inserting the following: ‘‘(II) is acting as a trustee on behalf of a State, political subdivision, authority, agency, instrumentality, or other entity described in subparagraph (A), (B), or (C) of paragraph (1), regardless of whether such State, political subdivision, authority, agency, instrumentality, or other entity is an eligible lender under subsection (d), and such

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