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Code · BILL · 117th Congress · H.R. 7058 (Introduced in House) — To prohibit abuse of the authority of the Secretary of Education under the HEROES Act in connection with the COVID–19... · Sec. 4

Sec. 4. Limitation on waivers and modifications

123 words·~1 min read·/bill/117/hr/7058/ih/section-4

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Section 2(a)(1) of the Higher Education Relief Opportunities for Students Act of 2003 ( 20 U.S.C. 1098bb(a)(1) ) is amended— by striking Notwithstanding and inserting the following: Except as provided in subparagraph (B), notwithstanding ; and by adding at the end the following: A waiver or modification under paragraph
(1)may not— provide for a period that exceeds 30 days during which— payments of principal or interest due on loans made, insured, or guaranteed under part B, D, or E of title IV of the Act are suspended; or interest does not accrue on such loans; or result in the discharge or cancellation of a loan made, insured, or guaranteed under part B, D, or E of title IV of the Act. .
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Sec. 4
Limitation on waivers and modifications
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