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103
HOUSE BILL
SENATE BILL
COMMENTS
1
(d) PROCEDURE AND RECORDKEEPING.-Section
2 6103(p) of the Code is amended—
3
(1) in paragraph (3)(A), by striking "(11), or
4
(12), (m)" and inserting "(11), (12), or (13), (m)":
5
(2) in paragraph (4)-
6
(A) in the matter preceding subparagraph
7
(A), by striking "(10), or (11)," and inserting
8
"(10), (11), or (13),";
9
(B) in subparagraph (F)(ii), by striking
10
"(11), or (12)," and inserting "(11), (12), or
11
(13),"; and
12
(C) in the flush left material after sub-
13
paragraph (F). by striking "under subsection
14
(1)(12)(B)" and inserting "under paragraph
15
(10), (12)(B), or (13) of subsection (1)".
16
(e) COLLECTION OF PAYMENTS.-(1) Subchapter A
17 of chapter 64 of the Code is amended by adding at the
18 end the following new section:
19 "SEC. 6306. COLLECTION OF PAYMENTS ON FEDERAL DI-
20
RECT STUDENT LOANS.
21
"Upon a determination by the President under sec-
22 tion 457(b) of the Higher Education Act of 1965 concern-
23 ing the implementation of a plan for the repayment of
24 Federal Direct Stafford Loans through wage withholding
25 or other means by the Internal Revenue Service, the Sec-
26 retary of the Treasury may enter into an agreement with
to
for
the
collection
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"ocrText": "103\nHOUSE BILL\nSENATE BILL\nCOMMENTS\n1\n(d) PROCEDURE AND RECORDKEEPING.-Section\n2 6103(p) of the Code is amended—\n3\n(1) in paragraph (3)(A), by striking \"(11), or\n4\n(12), (m)\" and inserting \"(11), (12), or (13), (m)\":\n5\n(2) in paragraph (4)-\n6\n(A) in the matter preceding subparagraph\n7\n(A), by striking \"(10), or (11),\" and inserting\n8\n\"(10), (11), or (13),\";\n9\n(B) in subparagraph (F)(ii), by striking\n10\n\"(11), or (12),\" and inserting \"(11), (12), or\n11\n(13),\"; and\n12\n(C) in the flush left material after sub-\n13\nparagraph (F). by striking \"under subsection\n14\n(1)(12)(B)\" and inserting \"under paragraph\n15\n(10), (12)(B), or (13) of subsection (1)\".\n16\n(e) COLLECTION OF PAYMENTS.-(1) Subchapter A\n17 of chapter 64 of the Code is amended by adding at the\n18 end the following new section:\n19 \"SEC. 6306. COLLECTION OF PAYMENTS ON FEDERAL DI-\n20\nRECT STUDENT LOANS.\n21\n\"Upon a determination by the President under sec-\n22 tion 457(b) of the Higher Education Act of 1965 concern-\n23 ing the implementation of a plan for the repayment of\n24 Federal Direct Stafford Loans through wage withholding\n25 or other means by the Internal Revenue Service, the Sec-\n26 retary of the Treasury may enter into an agreement with\nto\nfor\nthe\ncollection"
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