Page:United States Statutes at Large Volume 117.djvu/2680

This page needs to be proofread.

[117 STAT. 2661]
PUBLIC LAW 107-000—MMMM. DD, 2003
[117 STAT. 2661]

PUBLIC LAW 108–183—DEC. 16, 2003

117 STAT. 2661

‘‘(1) Any small business development center described in section 21 of the Small Business Act (15 U.S.C. 648). ‘‘(2) The National Veterans Business Development Corporation (established under section 33 of the Small Business Act (15 U.S.C. 657c)).’’. (f) EFFECTIVE DATE.—The amendments made by this section shall apply to courses approved by State approving agencies after the date of the enactment of this Act.

Applicability. 38 USC 3452 note.

SEC. 306. REPEAL OF PROVISIONS RELATING TO OBSOLETE EDUCATION LOAN PROGRAM.

(a) TERMINATION OF PROGRAM.—The Secretary of Veterans Affairs may not make a loan under subchapter III of chapter 36 of title 38, United States Code, after the date of the enactment of this Act. (b) DISCHARGE OF LIABILITIES.—Effective as of the date of the transfer of funds under subsection (c)— (1) any liability on an education loan under subchapter III of chapter 36 of title 38, United States Code, that is outstanding as of such date shall be deemed discharged; and (2) the right of the United States to recover an overpayment declared under section 3698(e)(1) of such title that is outstanding as of such date shall be deemed waived. (c) TERMINATION OF LOAN FUND.—(1) Effective as of the day before the date of the repeal under this section of subchapter III of chapter 36 of title 38, United States Code, all monies in the revolving fund of the Treasury known as the ‘‘Department of Veterans Affairs Education Loan Fund’’ shall be transferred to the Department of Veterans Affairs Readjustment Benefits Account, and the revolving fund shall be closed. (2) Any monies transferred to the Department of Veterans Affairs Readjustment Benefits Account under paragraph (1) shall be merged with amounts in that account and shall be available for the same purposes, and subject to the same conditions and limitations, as amounts in that account. (d) USE OF ENTITLEMENT TO VETERANS EDUCATIONAL ASSISTANCE FOR EDUCATION LOAN PROGRAM.—Section 3462(a) is amended by striking paragraph (2). (e) REPEAL OF EDUCATION LOAN PROGRAM.—Subchapter III of chapter 36 is repealed. (f) CONFORMING AMENDMENTS.—(1) Section 3485(e)(1) is amended by striking ‘‘(other than an education loan under subchapter III)’’. (2) Section 3512 is amended by striking subsection (f). (g) CLERICAL AMENDMENT.—The table of sections at the beginning of chapter 36 is amended by striking the items relating to subchapter III and sections 3698 and 3699. (h) EFFECTIVE DATES.—(1) The amendments made by subsection (d) shall take effect on the date of the enactment of this Act. (2) The amendments made by subsections (e), (f), and (g) shall take effect 90 days after the date of the enactment of this Act.

38 USC 3698 note.

Effective date. 38 USC 3698 note.

38 USC 3698, 3699.

38 USC 3462 note. 38 USC 3485 note.

SEC. 307. SIX-YEAR EXTENSION OF THE VETERANS’ ADVISORY COMMITTEE ON EDUCATION.

(a) MEMBERSHIP.—Subsection (a) of section 3692 is amended in the second sentence by inserting ‘‘, to the maximum extent practicable,’’ after ‘‘The committee shall also’’.

VerDate 11-MAY-2000

13:59 Aug 30, 2004

Jkt 019194

PO 00000

Frm 00597

Fmt 6580

Sfmt 6581

D:\STATUTES\2003\19194PT3.001

APPS10

PsN: 19194PT3