Source: https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087h&num=0&edition=prelim
Timestamp: 2020-08-12 02:57:35
Document Index: 477585523

Matched Legal Cases: ['§ 1087', '§458', '§451', '§4021', '§601', '§6103', '§609', '§454', '§8015', '§5', '§306', '§452', '§2212', '§502', '§310', '§309', '§309', '§307', '§306', '§2212', '§452', '§454', '§609', '§101', '§304', '§101', '§305', '§1']

[USC02] 20 USC 1087h: Funds for administrative expenses
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20 USC 1087h: Funds for administrative expenses Text contains those laws in effect on August 10, 2020
For fiscal year 2006, there shall be available to the Secretary, from funds not otherwise appropriated, funds to be obligated for-
For each of the fiscal years 2007 through 2020, there shall be available to the Secretary, from funds not otherwise appropriated, funds to be obligated for account maintenance fees payable to guaranty agencies under part B and calculated in accordance with subsection (b).
(Pub. L. 89–329, title IV, §458, as added Pub. L. 102–325, title IV, §451, July 23, 1992, 106 Stat. 573 ; amended Pub. L. 103–66, title IV, §4021, Aug. 10, 1993, 107 Stat. 353 ; Pub. L. 104–19, title I, §601, July 27, 1995, 109 Stat. 219 ; Pub. L. 105–33, title VI, §6103, Aug. 5, 1997, 111 Stat. 652 ; Pub. L. 105–78, title VI, §609(l), Nov. 13, 1997, 111 Stat. 1524 ; Pub. L. 105–244, title IV, §454, Oct. 7, 1998, 112 Stat. 1717 ; Pub. L. 109–171, title VIII, §8015, Feb. 8, 2006, 120 Stat. 172 ; Pub. L. 109–292, §5, Sept. 30, 2006, 120 Stat. 1341 ; Pub. L. 110–84, title III, §306, Sept. 27, 2007, 121 Stat. 800 ; Pub. L. 110–315, title IV, §452, Aug. 14, 2008, 122 Stat. 3263 ; Pub. L. 111–152, title II, §2212(b), Mar. 30, 2010, 124 Stat. 1080 ; Pub. L. 113–67, div. A, title V, §502(2), Dec. 26, 2013, 127 Stat. 1187 ; Pub. L. 114–113, div. H, title III, §310, Dec. 18, 2015, 129 Stat. 2638 ; Pub. L. 115–31, div. H, title III, §309, May 5, 2017, 131 Stat. 552 ; Pub. L. 115–141, div. H, title III, §309, Mar. 23, 2018, 132 Stat. 750 ; Pub. L. 115–245, div. B, title III, §307, Sept. 28, 2018, 132 Stat. 3105 ; Pub. L. 116–94, div. A, title III, §306, Dec. 20, 2019, 133 Stat. 2595 .)
2019-Subsec. (a)(4). Pub. L. 116–94 substituted "2020" for "2019".
2018-Subsec. (a)(4). Pub. L. 115–245 substituted "2019" for "2018".
2017-Subsec. (a)(4). Pub. L. 115–31 substituted "2017" for "2016".
2015-Subsec. (a)(4). Pub. L. 114–113 substituted "2016" for "2014".
2013-Subsec. (a)(2). Pub. L. 113–67 struck out par. (2). Text read as follows: "For fiscal years 2010 through 2019, there shall be available to the Secretary, in addition to any other amounts appropriated to carry out this paragraph and out of any money in the Treasury not otherwise appropriated, funds to be obligated for administrative costs of servicing contracts with eligible not-for-profit servicers as described in section 1087f of this title."
2010-Subsec. (a)(2) to (8). Pub. L. 111–152, §2212(b)(1), added pars. (2), (6), and (7) and redesignated former pars. (2), (3), (4), and (5) as (3), (4), (5), and (8), respectively.
2008-Subsec. (a)(2). Pub. L. 110–315, §452(1), substituted "2014" for "2011" in heading and text.
2007-Subsec. (b). Pub. L. 110–84 substituted "0.06 percent" for "0.10 percent".
2006-Pub. L. 109–171 reenacted section catchline without change and amended text generally. Prior to amendment, text consisted of subsecs. (a) to (d) relating to administrative expenses, calculation basis for account maintenance fees payable to guaranty agencies, special rules relating to caps on account maintenance fees and insufficient funding, and budget justification for funds expended, respectively.
1998-Subsec. (a). Pub. L. 105–244, §454(1), amended heading and text of subsec. (a) generally. Prior to amendment, subsec. (a) related to availability of funds for administrative costs and cost allowances.
1997-Subsec. (a). Pub. L. 105–33 amended heading and text of subsec. (a) generally. Prior to amendment, text read as follows: "Each fiscal year, there shall be available to the Secretary of Education from funds available pursuant to section 1072(g) of this title and from funds not otherwise appropriated, funds to be obligated for administrative costs under this part, including the costs of the transition from the loan programs under part B of this subchapter to the direct student loan programs under this part (including the costs of annually assessing the program under this part and the progress of the transition) and transition support (including administrative costs) for the expenses of guaranty agencies in servicing outstanding loans in their portfolios and in guaranteeing new loans, not to exceed (from such funds not otherwise appropriated) $260,000,000 in fiscal year 1994, $284,000,000 in fiscal year 1995, $550,000,000 in fiscal year 1996, $595,000,000 in fiscal year 1997, and $750,000,000 in fiscal year 1998. If in any fiscal year the Secretary determines that additional funds for administrative expenses are needed as a result of such transition or the expansion of the direct student loan programs under this part, the Secretary is authorized to use funds available under this section for a subsequent fiscal year for such expenses, except that the total expenditures by the Secretary (from such funds not otherwise appropriated) shall not exceed $2,439,000,000 in fiscal years 1994 through 1998. The Secretary is also authorized to carry over funds available under this section to a subsequent fiscal year."
1995-Subsec. (a). Pub. L. 104–19 substituted "$284,000,000 in fiscal year 1995" for "$345,000,000 in fiscal year 1995" and "$2,439,000,000 in fiscal years 1994 through 1998" for "$2,500,000,000 in fiscal years 1994 through 1998".
1993-Pub. L. 103–66 amended section generally, substituting provisions relating to funds for administrative expenses for former provisions relating to reports.
Pub. L. 105–78, title VI, §609(m), Nov. 13, 1997, 111 Stat. 1524 , provided that: "Nothing in this Act [see Tables for classification] or an amendment made by this Act shall be construed to prohibit the Secretary of Education from using funds that are returned or otherwise recovered by the Secretary under section 422(g) of the Higher Education Act of 1965 (20 U.S.C. 1072(g)) including the balances of returned reserve funds, formerly held by the Higher Education Assistance Foundation, that are currently held in Higher Education Assistance Foundation Claims Reserves, Treasury account number 91X6192, for expenditure for expenses pursuant to section 458 of such Act (20 U.S.C. 1087h)."
Pub. L. 104–208, div. A, title I, §101(e) [title III, §304], Sept. 30, 1996, 110 Stat. 3009–233 , 3009-261, provided in part that: "Notwithstanding section 458 of the Higher Education Act [of 1965] [20 U.S.C. 1087h], the Secretary may not use funds available under that section or any other section for subsequent fiscal years for administrative expenses of the William D. Ford Direct Loan Program."
Pub. L. 104–134, title I, §101(d) [title III, §305], Apr. 26, 1996, 110 Stat. 1321–211 , 1321-236; renumbered title I, Pub. L. 104–140, §1(a), May 2, 1996, 110 Stat. 1327 .