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Title 20 — Education

Chapter 52 — Education for Economic Security

§ 4017. Recovery of costs

Statutory text

(a)

Loan condition

(1)

As a condition of the award of any financial assistance under section 4014 of this title, the recipient of any such loan or grant shall permit the United States to sue on behalf of such recipient any person determined by the Attorney General to be liable to the recipient for the costs of any activities undertaken by the recipient under such section.

(2)

The proceeds from any judgment recovered in any suit brought by the United States under paragraph (1) (or, if the recipient files a similar suit on its own behalf, the proceeds from a judgment recovered by the recipient in such suit) shall be used to repay to the United States, by deposit in the Asbestos Trust Fund established by section 4022 of this title, to the extent that the proceeds are sufficient to provide for such repayment, an amount equal to the sum of—

(A)

the amount (i) outstanding on any loan and (ii) of any grant made to the recipient; and

(B)

an amount equal to the interest which would have been charged on such loan were the loan made by a commercial lender at prevailing interest rates (as determined by the Administrator).

(b)

Expeditious recovery

The Attorney General shall, where appropriate, proceed in an expeditious manner to recover the amounts expended by the United States to carry out this subchapter from the persons identified by the Attorney General as being liable for such costs.

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. Asbestos School Hazard Abatement Act of 1984

    Pub. L. 98–377 title V § 508 · 98 Stat. 1267

    Enacted · 20 U.S.C. § 4017

    Pub. L. 98–377, title V, § 508, Aug. 11, 1984, 98 Stat. 1293

    Source evidence

    Code source credit
    Pub. L. 98–377, title V, § 508, Aug. 11, 1984, 98 Stat. 1293

    Enacted provision · exact public law section
    Sec. 508. (a) (1) As a condition of the award of any financial Suits. 20 USC 4017. assistance under section 505, the recipient of any such loan or grant shall permit the United States to sue on behalf of such recipient any person determined by the Attorney General to be liable to the recipient for the costs of any activities undertaken by the recipient under such sections. (2) The proceeds from any judgment recovered in any suit brought by the United States under paragraph (1) (or, if the recipient files a similar suit on its own behalf, the proceeds from a judgment recovered by the recipient in such suit) shall be used to repay to the United States, to the extent that the proceeds are sufficient to provide for such repayment, an amount equal to the sum of— (A) the amount (i) outstanding on any loan and (ii) of any grant made to the recipient; and (B) an amount equal to the interest which would have been charged on such loan were the loan made by a commercial lender at prevailing interest rates (as determined by the Administrator). (b) The Attorney General shall, where appropriate, proceed in an expeditious manner to recover the amounts expended by the United States to carry out this title from the persons identified by the Attorney General as being liable for such costs.

  2. Asbestos School Hazard Abatement Reauthorization Act of 1990

    Pub. L. 101–637 § 14(a)(8) · 104 Stat. 4589

    Inserted · 20 U.S.C. § 4017

    Pub. L. 101–637, § 14(a)(8), inserted section catchline

    Source evidence

    Code amendment note
    Pub. L. 101–637, § 14(a)(8), inserted section catchline.

    Enacted provision · exact public law section
    (8) Section 508 is amended by striking out “Sec. 508.” and inserting the following section heading: “SEC. 508. RECOVERY OF COSTS.”.

  3. Asbestos School Hazard Abatement Reauthorization Act of 1990

    Pub. L. 101–637 § 14(b)(10) · 104 Stat. 4589

    Inserted · 20 U.S.C. § 4017(a)

    Pub. L. 101–637, § 14(b)(10), inserted heading

    Source evidence

    Code amendment note
    Subsec. (a). Pub. L. 101–637, § 14(b)(10), inserted heading.

    Enacted provision · exact public law section
    (10) Section 508(a) is amended by inserting “Loan Condition.—” 20 USC 4017. after “(a)”.

  4. Asbestos School Hazard Abatement Reauthorization Act of 1990

    Pub. L. 101–637 § 14(c)(5) · 104 Stat. 4589

    Substituted · 20 U.S.C. § 4017(a)(1)

    Pub. L. 101–637, § 14(c)(5), substituted “section” for “sections” after “such”

    Source evidence

    Code amendment note
    Subsec. (a)(1). Pub. L. 101–637, § 14(c)(5), substituted “section” for “sections” after “such”.

    Enacted provision · exact public law section
    (5) Section 508 is amended by striking out “sections” and inserting in lieu thereof “section”.

  5. Asbestos School Hazard Abatement Reauthorization Act of 1990

    Pub. L. 101–637 § 9 · 104 Stat. 4589

    Inserted · 20 U.S.C. § 4017(a)(2)

    Pub. L. 101–637, § 9, inserted “by deposit in the Asbestos Trust Fund established by section 4022 of this title,” after “repay to the United States,”

    Source evidence

    Code amendment note
    Subsec. (a)(2). Pub. L. 101–637, § 9, inserted “by deposit in the Asbestos Trust Fund established by section 4022 of this title,” after “repay to the United States,”.

    Enacted provision · exact public law section
    SEC. 9. RECOVERY OF COSTS. 20 USC 4017. Paragraph (2) of section 508(a) is amended by inserting after “repay to the United States,” the following: “by deposit in the Asbestos Trust Fund established by section 5 of the Asbestos Hazard Emergency Response Act (20 U.S.C. 4022),”.

  6. Asbestos School Hazard Abatement Reauthorization Act of 1990

    Pub. L. 101–637 § 14(b)(11) · 104 Stat. 4589

    Inserted · 20 U.S.C. § 4017(b)

    Pub. L. 101–637, § 14(b)(11), inserted heading

    Source evidence

    Code amendment note
    Subsec. (b). Pub. L. 101–637, § 14(b)(11), inserted heading.

    Enacted provision · exact public law section
    (11) Section 508(b) is amended by inserting “Expeditious Recovery.—” after “(b)”.

6 of 6 references resolved to an enrolled provision

Editorial Notes

Amendments

1990—Pub. L. 101–637, § 14(a)(8), inserted section catchline.

Subsec. (a). Pub. L. 101–637, § 14(b)(10), inserted heading.

Subsec. (a)(1). Pub. L. 101–637, § 14(c)(5), substituted “section” for “sections” after “such”.

Subsec. (a)(2). Pub. L. 101–637, § 9, inserted “by deposit in the Asbestos Trust Fund established by section 4022 of this title,” after “repay to the United States,”.

Subsec. (b). Pub. L. 101–637, § 14(b)(11), inserted heading.

Credits

1984–1990 · 2 acts
  1. 1984Pub. L. 98–377, title V, § 508, , 98 Stat. 1293
  2. 1990Pub. L. 101–637, §§ 9, 14(a)(8), (b)(10), (11), (c)(5), , 104 Stat. 4592, 4594–4596.
Show as published

(Pub. L. 98–377, title V, § 508, , 98 Stat. 1293; Pub. L. 101–637, §§ 9, 14(a)(8), (b)(10), (11), (c)(5), , 104 Stat. 4592, 4594–4596.)

Parsed from the official OLRC USLM XML in data/usc_all/usc20.xml · release point 119-108 · OLRC build 2026-04-17

USLM identifier /us/usc/t20/s4017