Page:United States Statutes at Large Volume 106 Part 1.djvu/594

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106 STAT. 562 PUBLIC LAW 102-325—JULY 23, 1992 Reserve Board, but without regard to any risk weighting provisions in such measures. "(C) The term legislative days' means only days on which either House of Congress is in session.. 20 USC 1078 SEC. 432. EFFECTIVE DATES FOR AMENDMENTS TO PART B. (a) IN GENERAL. —The changes made in part B of title IV of the Act by the amendments made by this part shall take effect on the date of enactment of this Act, except— (1) as otherwise provided in such part B; (2) that the changes made in sections 425(a), 428(b)(1)(A), 428(b)(l)(B), 428A(b), 428B(b), relating to annual and aggregate loan limits, shall apply with respect to loans for which the first disbursement is made on or after July 1, 1993, except that— (A) the changes made in section 425(a)(l)(A)(i) and 428(b)(l)(A)(i) shall apply with respect to loans for which the first disbursement is made on or after October 1, 1992; and (B) the changes made in section 425(a)(l)(A)(iv) and 428(b)(l)(A)(iv) shall apply with respect to loans to cover the costs of instruction for periods of enrollment beginning on or after October 1, 1993; (3) that the changes made in sections 427(a)(2)(C) and 428(b)(l)(M), relating to deferments, sh^l apply with respect to loans for which the first disbursement is made on or after July 1, 1993, to an individual who is a new borrower on the date such individual applies for a loan; (4) that the changes made in sections 428(a)(7) and 428(f)(1)(C), relating to payments for unconsummated loans, shall apply with respect to loans made on or after October 1, 1992; (5) that the changes made in sections 427(a)(2)(H) and 428(b)(l)(E)(i), relating to offering graduated or income sensitive repayment options, shall apply with respect to loans for which the first disbursement is made on or after July 1, 1993, to an individual who is a new borrower on the date such individual applies for a loan; (6) that the changes made in section 428(b)(4), relating to teacher deferment, shall apply with respect to loans for which the first disbursement is made on or after July 1, 1993, to an individual who is a new borrower on the date such individual applies for a loan; (7) that section 428(c)(2)(H)(i) as added by such amendments shall be effective on and after October 1, 1992; (8) that the changes in section 428(c)(3) with respect to forbearance after a de^ult shall be effective on and after October 1, 1992; (9) that the changes made in section 428B(a) with respect to use of credit histories shall apply with respect to loans for which the first disbursement is made on or after July 1, 1993; (10) that section 428B(c) as added by such amendments, relating to disbursement of Federal PLUS Loans, shall apply with respect to loans for which the first disbursement is made on or sifter October 1, 1992;