Page:United States Statutes at Large Volume 122.djvu/3203

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12 2 STA T .3 1 80PUBLIC LA W 110 – 31 5— AU G .1 4, 2008 (d)FUNDI N GR U LE.—Section326 ( f )(2 0U .S. C . 1 063 b (f)) i sam ended— (1) in p a r a g rap h (1)— ( A )b y stri k ing ‘ ‘ $ 26 , 600,000 ’ ’ and inserting ‘‘$ 5 6, 9 00,000’’

and ( B ) by striking ‘‘( P )’’ and inserting ‘‘(R)’’; (2) in paragraph (2)— (A) by striking ‘‘$26,600,000, b u tnotine x cess of $2 8 ,600,000’’ and inserting ‘‘$56,900,000, but not in excess of $62,900,000’’; and (B) by striking ‘‘subparagraphs ( Q ) and (R)’’ and inserting ‘‘subparagraphs (S) through ( X )’’; and (3) in the matter preceding subparagraph (A) of paragraph (3)— (A) by striking ‘‘$28,600,000’’ and inserting ‘‘$62,900,000’’; and (B) by striking ‘‘(R)’’ and inserting ‘‘(X)’’. (e) HO LDH ARM LE S S RULE.—Section 326(g) (20 U.S.C. 1063(g)) is amended by striking ‘‘1998’’ each p l ace it appears and inserting ‘‘2008’’. (f) I N T ERA C TION W IT HO THER G RANT PROGRAMS.—Section 326 (as amended by this section) (20 U.S.C. 1063) is further amended by adding at the end the follo w ing

‘‘(h) INTERACTION WITH OTHER GRANT PROGRAMS.— N o institu - tion that is eligible for and recei v es an award under section 512, 7 23, or 72 4 for a fiscal year shall be eligible to apply for a grant, or receive grant funds, under this section for the same fiscal year.’’. SEC.312 . UN E XP EN D ED F UNDS. Section 327(b) (20 U.S.C. 1063c(b)) is amended to read as follows: ‘‘(b) USE O F UNE XP ENDED FUNDS.—Any funds paid to an institu- tion and not expended or used for the purposes for which the funds were paid during the five-year period following the date of the initial grant award, may be carried over and expended during the succeeding five-year period, if such funds were obligated for a purpose for which the funds were paid during the five-year period following the date of the initial grant award.’’. SEC. 313. END OWM EN T C HAL LEN G EG R ANTS. (a) AMOUNTS.—Section 331(b) (20 U.S.C. 1065(b)) is amended— (1) in paragraph (2)(B)(i), by striking ‘‘$500,000’’ and inserting ‘‘$1,000,000’’; and (2) in paragraph (5), by striking ‘‘$50,000’’ and inserting ‘‘$100,000’’. (b) T ECHNICAL ASSISTANCE.—Section 331 (20 U.S.C. 1065) is further amended by adding at the end the following: ‘‘(i) TECHNICAL ASSISTANCE.—The Secretary, directly or by grant or contract, may provide technical assistance to eligible institutions to prepare the institutions to q ualify, apply for, and maintain a grant, under this section.’’. SEC. 31 4 .H I STORICALL YB LAC K COLLEGE AND UNI V ERSITY CAPITAL FINANCING. (a) D EFINITIONS.—Section 342 (20 U.S.C. 1066a) is amended— (1) in paragraph (5)(G), by striking ‘‘by a nationally recog- ni z ed accrediting agency or association’’ and inserting ‘‘by an 20USC1 0 63b. 20 USC 1063b.