Code · BILL · 116th Congress · H.R. 7380 (Introduced in House) — To cancel the obligation of historically black colleges and universities to repay certain capital financing loans, an... · Sec. 2

Sec. 2. Cancellation of debt under HBCU capital financing program

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Not later than 30 days after the date of the enactment of this Act, the Secretary of Education shall cancel the obligation of each eligible institution (as defined in section 342 of the Higher Education Act of 1965 ( 20 U.S.C. 1066a )) to repay the balance of interest and principal due on each loan made under part D of title III of the Higher Education Act of 1965 ( 20 U.S.C. 1066 et seq.) before the date of the enactment of this Act.

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Sec. 2

Cancellation of debt under HBCU capital financing program

U.S.C.§ 1066a

U.S.C.§ 1066

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