Source: https://uscode.house.gov/view.xhtml?hl=false&edition=prelim&req=granuleid%3AUSC-prelim-title20-section1087e&f=treesort&num=0&saved=%7CKHRpdGxlOjIwIHNlY3Rpb246MTA4NyAgZWRpdGlvbjpwcmVsaW0pIE9SIChncmFudWxlaWQ6VVNDLXByZWxpbS10aXRsZTIwLXNlY3Rpb24xMDg3ICk%3D%7CdHJlZXNvcnQ%3D%7C%7C0%7Cfalse%7Cprelim
Timestamp: 2020-08-04 17:59:30
Document Index: 53714632

Matched Legal Cases: ['§455', '§404', '§451', '§4021', '§359', '§8301', '§401', '§1', '§318', '§1', '§651', '§8007', '§201', '§401', '§103', '§425', '§404', '§2211', '§502', '§100301', '§2', '§618', '§309', '§4', '§4', '§4']

20 USC 1087e: Terms and conditions of loans Text contains those laws in effect on August 3, 2020
The Secretary shall establish procedures under which a borrower of a loan made under this part who chooses or is required to repay such loan pursuant to income contingent repayment is notified of the terms and conditions of such plan, including notification of such borrower, that if a borrower considers that special circumstances, such as a loss of employment by the borrower or the borrower's spouse, warrant an adjustment in the borrower's loan repayment, the borrower may contact the Secretary, who shall determine whether such adjustment is appropriate, in accordance with criteria established by the Secretary.
(8) Automatic recertification
The Secretary shall establish and implement, with respect to any borrower described in subparagraph (B), procedures to-
(i) use return information disclosed under section 6103(l)(13) of title 26, pursuant to approval provided under section 1098h of this title, to determine the repayment obligation of the borrower without further action by the borrower;
(ii) allow the borrower (or the spouse of the borrower), at any time, to opt out of disclosure under such section 6103(l)(13) and instead provide such information as the Secretary may require to determine the repayment obligation of the borrower (or withdraw from the repayment plan under this subsection); and
(iii) provide the borrower with an opportunity to update the return information so disclosed before the determination of the repayment obligation of the borrower.
Subparagraph (A) shall apply to each borrower of a loan made under this part who, on or after the date on which the Secretary establishes procedures under such subparagraph-
(i) selects, or is required to repay such loan pursuant to, an income-contingent repayment plan; or
(ii) recertifies income or family size under such plan.
(Pub. L. 89–329, title IV, §455, as added Pub. L. 99–498, title IV, §404, Oct. 17, 1986, 100 Stat. 1439 ; amended Pub. L. 102–325, title IV, §451, July 23, 1992, 106 Stat. 572 ; Pub. L. 103–66, title IV, §4021, Aug. 10, 1993, 107 Stat. 346 ; Pub. L. 103–382, title III, §359, Oct. 20, 1994, 108 Stat. 3968 ; Pub. L. 105–178, title VIII, §8301(c), June 9, 1998, 112 Stat. 498 ; Pub. L. 105–244, title IV, §§401(g)(6), 452(a)(1), (b), (c), Oct. 7, 1998, 112 Stat. 1652 , 1715-1717; Pub. L. 106–554, §1(a)(1) [title III, §318(b)], Dec. 21, 2000, 114 Stat. 2763 , 2763A-49; Pub. L. 107–139, §1(b), (c), Feb. 8, 2002, 116 Stat. 9 ; Pub. L. 107–314, div. A, title VI, §651(c), Dec. 2, 2002, 116 Stat. 2580 ; Pub. L. 109–171, title VIII, §§8007(b), 8008(b), (c)(2), (3), 8009(d), Feb. 8, 2006, 120 Stat. 160 , 162-164; Pub. L. 110–84, title II, §§201(b), 202(b), 203(b)(3), 205, title IV, §401, Sept. 27, 2007, 121 Stat. 791 , 795, 800; Pub. L. 110–315, title I, §103(b)(8), title IV, §§425(b)(3), 451, Aug. 14, 2008, 122 Stat. 3089 , 3234, 3261; Pub. L. 111–39, title IV, §404(b)(2), July 1, 2009, 123 Stat. 1946 ; Pub. L. 111–152, title II, §2211(a), Mar. 30, 2010, 124 Stat. 1078 ; Pub. L. 112–25, title V, §§502, 503, Aug. 2, 2011, 125 Stat. 266 ; Pub. L. 112–141, div. F, title III, §§100301, 100302(a), July 6, 2012, 126 Stat. 979 ; Pub. L. 113–28, §2(a), Aug. 9, 2013, 127 Stat. 506 ; Pub. L. 114–328, div. A, title VI, §618(e), Dec. 23, 2016, 130 Stat. 2160 ; Pub. L. 115–245, div. B, title III, §309(a), Sept. 28, 2018, 132 Stat. 3105 ; Pub. L. 116–91, §4(a), Dec. 19, 2019, 133 Stat. 1192 .)
2019-Subsec. (e)(6). Pub. L. 116–91, §4(a)(2), substituted "including notification of such borrower, that if a borrower" for "including notification of such borrower-
"(A) that the Internal Revenue Service will disclose to the Secretary tax return information as authorized under section 6103(l)(13) of title 26; and
"(B) that if a borrower"
and struck out "as determined using the information described in subparagraph (A), or the alternative documentation described in paragraph (3)" after "borrower's loan repayment".
Subsec. (e)(8). Pub. L. 116–91, §4(a)(1), added par. (8).