9 1 STAT. 218
PUBLIC LAW 9 5 - 4 3 — J U N E 15, 1977
or possession) an amount representing the depreciated value of the improvements made with such g r a n t or loan, determined in accordance with the procedures set forth in the last sentence of section 7 8 1 (b). Funds. " (e) Funds appropriated under section 701(b) available for grants 20 USC 1132a. under this part may be used for graduate and undergraduate facilities and may be used without regard to whether such funds will increase or create enrollment capacity, health care capacity, or capacity to carry out extension and containing education programs.". 20 USC 1132e. (44) Section 781 of such Act is amended by striking out ", reconstruction, or renovation" each place it appears in such section and by striking out "reconstructed or renovated" each place it appears in subsections (a) and (b) of such section. (b)(1) Section 101(b) of the Education Amendments of 1976 is 20 USC 1005. amended by striking out paragraph (5)(A) and by redesignating paragraph (5)(B) as paragraph (5). (2) Paragraph (6)(A) of section 101(b) of such Amendments is amended by striking out "institution" and inserting in lieu thereof "institutions". 20 USC 1070c. (3) Section 123(a) of such Amendments is amended by striking out "by adding at the end thereof the following new paragraph: " lei"'*- J-'J and inserting m lieu thereof "by amending paragraph (3) to read as follows:", , ^^^j 20 USC 1071 (4) Section 127(b) of such Amendments is amended— note. (A) by striking out paragraph (1) and inserting in lieu thereof the following: " (1) The changes made in— 20 USC 1075. " (A) sections 425(a) (other than paragraph s (1)(A) 20 USC 1078. and (B) thereof) and 4 2 8 (b)(1)(A) other than divisions 20 USC 1077. .^,.. (i) and (ii) thereof, and sections 4 2 7 (a)(1)(C) and 428 (b)(1)(B) shall become applicable with respect to loans to cover the costs of education for periods of enrollment beginning on or after October 1, 1976; ,,. I. " (B) sections 4 2 5 (a)(1)(A) and (B) and 4 2 8 (b)(1) (A)(i) and (ii) shall become applicable with respect to loans made on or after February 12, 1977, to cover such costs . I. for such periods beginning on or after November 12, 1976; " (C) sections 4 2 7 (a)(2)(G) and (H) and 428(b)(1) J,.-JJlt;;;;•• •;!.;•;> i l l; (N), (O), and (P) shall become applicable with respect to loans made on or after June 1, 1977;" and (B) in paragraph (5), by inserting "on or after February 12, 1977" after "loans made", and by striking out "October 1, 1976" and inserting in lieu thereof "November 12, 1976". 90 Stat. 2153. (5) Section 153 of such Amendments is amended by striking out " (a) " after " SEC. 153.". 20USeil32c-4. (6) Section 162(g) of such Amendments is amended by striking out " (1) " after " (g) " and by striking out paragraph (2). 90 Stat. 2167. (7) Section 181 of such Amendments is amended by inserting " (a) " after " SEC. 181." and by adding at the end thereof the following: 20 USC 1141 " (b) Neither the amendment made by subsection (a) of this section nor the amendment made to section 435(b)(1) of the Act (by secnote. 20 USC 1085. tion 127(a) of this Act) shall be construed to authorize terminating 90 Stat. 2099. the eligibility of an institution which was deemed to be an institution of h ' g h e r education for purposes of sections 435(b)(1) and 1201 (a) on the date of enactment of this Act. The preceding sentence of this section shall not be construed to impair the authority of the Com20 USC 1141. missioner to limit, suspend, or terminate such eligibility for the reasons and as provided by section 497 of the Act.". 20 USC 1088f.
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