785 
ration limit specified in subsection (f)(1), ade-
quate documentation to justify such continu-
ation. 
‘‘(4) FINAL REPORT.—Not later than 180 days 
after the conclusion of each experiment, the Sec-
retary shall submit to the authorizing committees a 
report that includes the following: 
‘‘(A) A summary of the data yielded by the 
experiment, including, to the extent practicable, 
data 
on 
the 
results 
of 
the 
experiment 
disaggregated by age, race, gender, disability 
status, status as a veteran or member of the 
Armed Forces, status as a first generation col-
lege student, and status as a recipient of a Fed-
eral Pell Grant under section 401. 
‘‘(B) The conclusions reached regarding 
each experiment conducted. 
‘‘(C) Recommendations, based on the re-
sults of the experiment— 
‘‘(i) to improve and streamline rel-
evant statutes, including this Act; and 
‘‘(ii) for improvements to relevant reg-
ulations. 
VerDate Sep 11 2014 
23:01 Oct 22, 2019
Jkt 099200
PO 00000
Frm 00785
Fmt 6652
Sfmt 6201
E:\BILLS\H4674.IH
H4674
786 
‘‘(D) An explanation of any changes to 
regulations that the Secretary intends to make 
as a result of the experiment. 
‘‘(5) PUBLIC AVAILABILITY.—Each report sub-
mitted under paragraphs (3) and (4) shall be made 
available on a publicly accessible website of the De-
partment of Education. 
‘‘(i) FAST-TRACK PROCESS TO COMPLY WITH IN-
FORMATION COLLECTION REQUIREMENTS.—The require-
ments of section 3507 of title 44, United States Code, 
shall not apply to the collection of information by the De-
partment of Education on experiments carried out in ac-
cordance with this section.’’. 
SEC. 4626. ADMINISTRATIVE EXPENSES. 
Section 489(a) of the Higher Education Act of 1965 
(20 U.S.C. 1096(a)) is amended— 
(1) in the second sentence, by striking ‘‘or 
under part E of this title’’; and 
(2) in the third sentence— 
(A) by inserting ‘‘and’’ after ‘‘subpart 3 of 
part A,’’; and 
(B) by striking ‘‘compensation of stu-
dents,’’ and all that follows through the period 
and inserting ‘‘compensation of students.’’. 
VerDate Sep 11 2014 
23:01 Oct 22, 2019
Jkt 099200
PO 00000
Frm 00786
Fmt 6652
Sfmt 6201
E:\BILLS\H4674.IH
H4674
787 
SEC. 4627. REGIONAL MEETINGS AND NEGOTIATED RULE-
MAKING. 
Section 492 of the Higher Education Act (20 U.S.C. 
1098a) is amended— 
(1) in subsection (a)(1), by striking ‘‘students, 
institutions of higher education, State student grant 
agencies, guaranty agencies, lenders, secondary mar-
kets, loan servicers, guaranty agency servicers, and 
collection agencies’’ and inserting ‘‘students and bor-
rowers, consumer representatives, institutions of 
higher education, and contractors responsible for 
carrying out student financial assistance programs 
under this title’’; and 
(2) in subsection (b)— 
(A) in paragraph (1), by striking ‘‘both 
representatives of such groups from Wash-
ington, D.C., and industry participants’’ and in-
serting ‘‘representatives that are broadly rep-
resentative of constituencies in different sectors 
and geographic locations’’; and 
(B) by adding at the end the following: 
‘‘(3) NEGOTIATED RULEMAKING PROCESS.—In 
carrying out a negotiated rulemaking process re-
quired under this section, the Secretary shall— 
VerDate Sep 11 2014 
23:01 Oct 22, 2019
Jkt 099200
PO 00000
Frm 00787
Fmt 6652
Sfmt 6201
E:\BILLS\H4674.IH
H4674
788 
‘‘(A) to the extent practicable, comply with 
requests from the participants in such nego-
tiated rulemaking process for data; 
‘‘(B) make publicly available issue papers 
and the proposed regulations described in para-
graph (1) in a timely manner that allows for 
public review; 
‘‘(C) make video recordings of each nego-
tiated rulemaking session publicly available 
through simultaneous transmission; 
‘‘(D) archive the video recordings described 
in subparagraph (C) in a publicly available 
manner; and 
‘‘(E) make publicly available the tran-
scripts of each such negotiated rulemaking ses-
sion.’’. 
SEC. 4628. INCOME-BASED REPAYMENT PLAN. 
(a) OPTIONS TO ENTER INTO THE NEW FIXED RE-
PAYMENT
PLAN
AND
INCOME-BASED
REPAYMENT 
PLAN.—Section 493C(b) of the Higher Education Act of 
1965 (20 U.S.C. 1098e) is amended— 
(1) in paragraph (7)(B)— 
(A) by striking ‘‘or’’ at the end of clause 
(iv); and 
(B) by adding at the end the following: 
VerDate Sep 11 2014 
23:01 Oct 22, 2019
Jkt 099200
PO 00000
Frm 00788
Fmt 6652
Sfmt 6201
E:\BILLS\H4674.IH
H4674
789 
‘‘(vi) has made payments under the 
income-based repayment plan under sec-
tion 493C(f); or 
‘‘(vii) has made payments under the 
fixed repayment plan described in section 
493E;’’; 
(2) by amending paragraph (8) to read as fol-
lows: 
‘‘(8) a borrower who is repaying a loan made 
under part B or D pursuant to income-based repay-
ment may elect, at any time, to terminate repayment 
pursuant to income-based repayment and repay such 
loan under the income-based repayment plan under 
section 493C(f) or the fixed repayment plan de-
scribed in section 493E;’’; 
(3) in paragraph (9), by striking the period at 
the end and inserting ‘‘; and’’; and 
(4) by adding at the end the following: 
‘‘(10) a borrower who is repaying a loan made, 
insured, or guaranteed under part B or D pursuant 
to this section may repay such loan in full at any 
time without penalty.’’. 
(b) AUTOMATIC RECERTIFICATION OF INCOME FOR 
INCOME-DRIVEN REPAYMENT PLANS.—Section 493C(c) 
VerDate Sep 11 2014 
23:01 Oct 22, 2019
Jkt 099200
PO 00000
Frm 00789
Fmt 6652
Sfmt 6201
E:\BILLS\H4674.IH
H4674
790 
of the Higher Education Act of 1965 (20 U.S.C. 1098e(c)) 
is amended— 
(1) by striking ‘‘The Secretary shall establish’’ 
and inserting the following: 
‘‘(1) IN GENERAL.—The Secretary shall estab-
lish’’; 
(2) by striking ‘‘The Secretary shall consider’’ 
and inserting the following: 
‘‘(2) PROCEDURES FOR ELIGIBILITY.—The Sec-
retary shall— 
‘‘(A) consider’’; and 
(3) by striking ‘‘428C(b)(1)(E).’’ and inserting 
the following: ‘‘428C(b)(1)(E); and 
‘‘(B) beginning as soon as the Secretary 
determines practicable after the Secretary final-
izes the procedures required under section 9004 
of the College Affordability Act, but not later 
than 2 years after the date of enactment of 
such Act, carry out, with respect to borrowers 
of any covered loan (as defined in section 
455(d)(10)), including such borrowers who se-
lect, or for whom the Secretary selects under 
paragraph (8)(C) or (9)(C) of subsection (d), or 
section 428(m)(1), the income-based repayment 
plan under subsection (f), procedures for in-
VerDate Sep 11 2014 
23:01 Oct 22, 2019
Jkt 099200
PO 00000
Frm 00790
Fmt 6652
Sfmt 6201
E:\BILLS\H4674.IH
H4674