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HOUSE BILL
SENATE BILL
COMMENTS
97
I
order issued pursuant to section 254, shall be
2
achieved only by the application of the measures de-
3
scribed in subparagraph (B).
4
"(B) For any loan made during the period be-
5
ginning on the date that an order issued under sec-
6
tion 254 takes effect with respect to a fiscal year,
7
and ending at the close of such fiscal year, the loan
8
fee that is authorized to be collected pursuant to
9
section 456(c) of such Act shall be increased by 0.50
10
percent.
11
CHAPTER 3-EFFECTIVE DATES; STUDY
12 SEC. 4031. EFFECTIVE DATES.
13
(a) IN GENERAL-Except as otherwise provided in
71. The House bill, but not the Senate bill, specifically
provides an effective date for all of the student loan
14 this section, the amendments made by this subtitle shall
amendments as the date of enactment.
15 be effective upon enactment.
16
(b) INCOME CONTINGENT REPAYMENT-The
1
(b) EFFECTIVE DATE.-The amendments made by
17
amendments made by section 4023 of this Act shall be
2 this section shall be effective for loans made in accordance
18
effective for loans made in accordance with section 428
3 with section 428 for periods of instruction beginning on
19
for periods of instruction beginning on or after July 1.
4 or after July 1, 1993, or made on or after July 1, 1993,
20 1993. or made on or after July 1, 1993, in the case of -
5 in the case of loans made in accordance with section 428B
21 loans made in accordance with section 42SA, 42SB, or
6 or 428C of the Act.
22 42SC of the Act.
23
(c) ADMINISTRATIVE COST ALLOWANCE.-The
24
amendments made by section 4026 of this Act shall be
25
effective on October 1, 1994.
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