§ 1063c. Reporting and audit requirements

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1986

   Higher Education Act of 1965

   Pub. L. 89–329 title III § 327 · 79 Stat. 1219

   Enacted · 20 U.S.C. § 1063c

   Pub. L. 89–329, title III, § 327, as added Pub. L. 99–498, title III, § 301(a), Oct. 17, 1986, 100 Stat. 1298

   Source evidence

   Code source credit
   Pub. L. 89–329, title III, § 327, as added Pub. L. 99–498, title III, § 301(a), Oct. 17, 1986, 100 Stat. 1298

2. 1987

   Higher Education Technical Amendments Act of 1987

   Pub. L. 100–50 § 2(a)(11) · 101 Stat. 335

   Substituted · 20 U.S.C. § 1063c(a)

   Pub. L. 100–50 substituted “part” for “chapter” in introductory text

   Source evidence

   Code amendment note
   Subsec. (a). Pub. L. 100–50 substituted “part” for “chapter” in introductory text.

   Enacted provision · exact public law section
   (11) in section 327(a), by striking out “Act” and inserting in 20 USC 1063c. lieu thereof “part”;

   Effective date note
   Amendment by Pub. L. 100–50 effective as if enacted as part of the Higher Education Amendments of 1986, Pub. L. 99–498, see section 27 of Pub. L. 100–50, set out as a note under section 1001 of this title.

3. 2008

   Higher Education Opportunity Act

   Pub. L. 110–315 title III § 312 · 122 Stat. 3078

   Amended · 20 U.S.C. § 1063c(b)

   Pub. L. 110–315 amended subsec. (b) generally. Prior to amendment, text read as follows: “Any funds paid to an institution and not expended or used for the purposes for which the funds were paid within 10 years following the date of the initial grant awarded to an institution under part B of this subchapter shall be repaid to the Treasury of the United States.”

   Source evidence

   Code amendment note
   Subsec. (b). Pub. L. 110–315 amended subsec. (b) generally. Prior to amendment, text read as follows: “Any funds paid to an institution and not expended or used for the purposes for which the funds were paid within 10 years following the date of the initial grant awarded to an institution under part B of this subchapter shall be repaid to the Treasury of the United States.”

   Enacted provision · exact public law section
   SEC. 312. UNEXPENDED FUNDS.   Section 327(b) (20 U.S.C. 1063c(b)) is amended to read as follows: “(b) Use of Unexpended Funds.— Any funds paid to an institution and not expended or used for the purposes for which the funds were paid during the five-year period following the date of the initial grant award, may be carried over and expended during the succeeding five-year period, if such funds were obligated for a purpose for which the funds were paid during the five-year period following the date of the initial grant award.” .

2 of 3 references resolved to an enrolled provision · 1 partial