Sec. 9004. Study and procedures on determining family size
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Not later than 1 year after the date of enactment of this Act, the Secretary of Education shall— conduct, in consultation with the Secretary of the Treasury, a study which meets the specifications described in subsection (b), on the effect of using data from the Internal Revenue Service on the deduction for personal exemptions provided by section 151 of the Internal Revenue Code of 1986 for a proxy for family size in an income-driven repayment plan, and publish such study in the Federal Register; use the results of the study conducted under paragraph
(1)to develop procedures for determining family size for the automatic recertification of income for an income-driven repayment plan in a manner that minimizes burdens and unintended harm to borrowers; publish the procedures developed under paragraph
(2)in the Federal Register; and after a notice and comment period on such procedures, use such comments to finalize the procedures. The study conducted under subsection (a)(1) shall— determine how closely such personal exemptions match the family size that borrowers report on their income-driven repayment plan request form; compare the borrower’s actual monthly payment amount with the monthly payment amount borrowers would have using family size information derived from tax returns; and use data from more than one year, where possible, to analyze how much family size changes over time. The term the income-driven repayment plan means a plan described in subparagraph
(D)or
(E)of section 455(d)(1) of the Higher Education Act of 1965 ( 20 U.S.C. 1087e(d)(1) ) and the income-based repayment plan under section 493C(f) of such Act ( 20 U.S.C. 1098e(f) ), as added by section 4627 of this Act.
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