12 2 STA T .3947PUBLIC LA W 11 0– 3 5 0 —O CT. 7 , 200 8PublicLaw1 1 0–35 0 110 thCongres s A n Act Toext e nd t h e au tho ri t y o f the S e c retary of E ducation to p urcha s e g uaranteed student l oans for an additional year , and for other purposes .Beit e nac te dby t h e S enate and Hous eo fR e pr esentati v es of the U nited States of Am erica in C on g ress assemb l ed ,SECTION1. E X TENSION O F ST UD ENT L O A N P U R C H ASE AUTHORIT Y . Section459A o f t h e H i g he rEdu c a tion Act of 1 9 6 5 (20U. S. C . 10 87 i - 1 ) i s a m ended — (1) by stri k ing ‘ ‘ J u l y1 , 2009 ’ ’ each p lace it appears in subsections (a)(1) and (f) and inserting ‘‘July 1, 2010’’
and (2) in subsection (e)— (A) by striking ‘‘September 3 0, 2009’’ each place it appears in paragraphs (1)(A) and (2) and inserting ‘‘Sep- tember 30, 2010’’; ( B ) by striking ‘‘ F ebruary 15, 2010’’ in paragraph (2) and inserting ‘‘February 15, 2011’’; and (C) by striking ‘‘2009, and 2010’’ in paragraph (3) and inserting ‘‘2009, 2010, and 2011’’. SEC. 2 . EXTENSION OF AUTHORITY TO DESI G NATE LENDERS FOR LENDER - OF-LAST-RESORT PROGRA M . Section 428( j ) of the Higher Education Act of 1965 (20 U.S.C. 1078(j)) is amended— (1) in paragraph (6), by striking ‘‘June 30, 2009’’ and inserting ‘‘June 30, 2010’’; (2) in paragraph (7), by striking ‘‘June 30, 2009’’ and inserting ‘‘June 30, 2010’’; and (3) in paragraph (9)(A)— (A) in clause (ii), by striking ‘‘June 30, 2010’’ and inserting ‘‘June 30, 2011’’; (B) in clause (ii)( I II), by striking ‘‘June 30, 2009’’ and inserting ‘‘June 30, 2010’’; and Oct.7,20 0 8[H . R . 6 88 9]
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