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Fairness in Forgiveness Act of 2016

H.R. 5201 · 114th Congress · May 11, 2016 · Lineage

A BILL

To amend the Higher Education Act of 1965 to expand eligibility for public service student loan forgiveness to certain contractor employees of national laboratories.

Section 1 Short title

This Act may be cited as the “Fairness in Forgiveness Act of 2016”.

Sec. 2 Eligibility of contractor employees of National Laboratories for public service student loan forgiveness

Section 455(m)(3)(B) of the Higher Education Act of 1965 (20 U.S.C. 1087e(m)(3)(B)) is amended—
(1)
in clause (i), by striking “or” at the end;
(2)
in clause (ii), by striking the period at the end and inserting “; or”; and
(3)
by adding at the end the following new clause:

“(iii) a full-time job as an employee of a management and operating contractor of a National Laboratory (as defined in section 2(3) of the Energy Policy Act of 2005 (42 U.S.C. 15801(3))) assigned to a position at such laboratory.”

Sec. 3 Effective date

This Act and the amendments made by this Act shall take effect as if enacted on October 1, 2007.