(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Amends the Higher Education Act of 1965 to extend by one year, from July 2009 to July 2010, the Secretary of Education's authority to purchase, or enter into forward commitments to purchase, Federal Family Education Loans (FFELs) from lenders upon the determination that there is an inadequate availability of loan capital to meet the demand for such loans.
Extends by one year, from June 30, 2009 to June 30, 2010, the authority of institutions of higher education (IHEs), with the Secretary's approval, to participate in the FFEL lender-of-last-resort program for borrowers otherwise unable to obtain such loans; thereby requiring guaranty agencies serving as lenders-of-last-resort to make FFELs to student and parent borrowers of such IHEs, until such date, regardless of their ability to otherwise obtain such loans.
Became Public Law No: 110-227.
Referred to the House Committee on Education and Labor.
Mr. Hinojosa moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H8089-8092)
DEBATE - The House proceeded with forty minutes of debate on H.R. 6889.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H8096)
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 368 - 4 (Roll no. 591).(text: CR H8089-8090)
Roll Call #591 (House)On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 368 - 4 (Roll no. 591). (text: CR H8089-8090)
Roll Call #591 (House)Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate, read twice.
Enacted as Public Law 110-350
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Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S8960)
Passed Senate without amendment by Unanimous Consent. (consideration: CR S8960)
Cleared for White House.
Message on Senate action sent to the House.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 110-350.
Became Public Law No: 110-350.