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Code · BILL · 116th Congress · H.R. 925 (EAH) — 116 HR 925 EAH: ACCESS Act · Sec. 135

Sec. 135. Implementation

166 words·~1 min read·/bill/116/hr/925/eah/section-135

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Section 3513 of division A of the Coronavirus Aid, Relief, and Economic Security Act ( Public Law 116–136 ), as amended by this part, is further amended by adding at the end the following: To facilitate implementation of this section, information for the purposes described in subparagraph (B), shall be reported— by the holders of Federal student loans defined in section 3502(a)(2)(B) to the satisfaction of the Secretary; and by the holders of Federal student loans defined in section 3502(a)(2)(C) to the satisfaction of the Secretary of Health and Human Services. The purposes of the information reported under subparagraph
(A)are to— verify, at the borrower level, the payments that are provided or suspended under this section; and calculate the amount of any interest due to the holder for reimbursement of interest under subsection (b). The Secretary shall coordinate with the Secretary of Health and Human Services to carry out the provisions of this section with respect to Federal student loans defined in section 3502(a)(2)(C). .
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