Pub. L. 119–21, title VIII, § 82001(c)(2)(D), (3), July 4, 2025, 139 Stat. 341, provided that, effective on July 1, 2028, subsection (a)(2) of this section is amended as follows:

(1) in the paragraph heading, by striking “Income-contingent and income-based” and inserting “Income-based”; and

(2) in subparagraph (A)—

(A) in the matter preceding clause (i), by striking “income-contingent or”; and

(B) in clause (ii)(I), by striking “section 1087e(e)(8) of this title or the equivalent procedures established under section 1098e (c)(2)(B) of this title, as applicable” and inserting “section 1098e(c)(2) of this title”.

See 2025 Amendment notes below.

2025—Subsec. (a)(2). Pub. L. 119–21, § 82001(c)(2)(D)(i), substituted “Income-based” for “Income-contingent and income-based” in heading.

Subsec. (a)(2)(A). Pub. L. 119–21, § 82001(c)(2)(D)(ii)(I), struck out “income-contingent or” before “income-based repayment plan” in introductory provisions.

Subsec. (a)(2)(A)(ii)(I). Pub. L. 119–21, § 82001(c)(2)(D)(ii)(II), substituted “section 1098e(c)(2) of this title” for “section 1087e(e)(8) of this title or the equivalent procedures established under section 1098e(c)(2)(B) of this title, as applicable”.

2020—Subsec. (a)(1). Pub. L. 116–260, div. N, § 284(b)(1)(A)(i), and div. FF, § 103(b)(1)(A)(i), amended par. (1) identically, inserting “, including return information,” after “financial information” in introductory provisions.

Subsec. (a)(1)(A)(i). Pub. L. 116–260, div. N, § 284(b)(1)(A)(ii)(I), and div. FF, § 103(b)(1)(A)(ii)(I), amended cl. (i) identically, substituting “subparagraph (B)—” and “(I) the” for “subparagraph (B), the” and adding subcl. (II).

Subsec. (a)(1)(A)(ii). Pub. L. 116–260, div. N, § 284(b)(1)(A)(ii)(II), and div. FF, § 103(b)(1)(A)(ii)(II), amended cl. (ii) identically, substituting “the disclosures described in subclauses (I) and (II) of clause (i)” for “such disclosure”.

Subsec. (a)(1)(B). Pub. L. 116–260, div. N, § 284(b)(1)(A)(iii), and div. FF, § 103(b)(1)(A)(iii), amended subpar. (B) identically, substituting “disclosures described in subclauses (I) and (II) of subparagraph (A)(i)” for “disclosure described in subparagraph (A)(i)”.

Subsec. (a)(1)(C). Pub. L. 116–260, div. FF, § 702(p), added subpar. (C).

Subsec. (a)(2)(A)(ii)(I). Pub. L. 116–260, div. N, § 284(b)(1)(B), and div. FF, § 103(b)(1)(B), amended subcl. (I) identically, substituting “affirmatively approve the disclosures described in subclauses (I) and (II) of paragraph (1)(A)(i), to the extent applicable, and agree that such approval shall serve as an ongoing approval of such disclosures until the date on which the individual elects to opt out of such disclosures” for “affirmatively approve the disclosure described in paragraph (1)(A)(i) and agree that such approval shall serve as an ongoing approval of such disclosure until the date on which the individual elects to opt out of such disclosure”.

Subsec. (a)(3). Pub. L. 116–260, div. N, § 284(b)(2), and div. FF, § 103(b)(2), amended par. (3) identically, substituting “paragraph (1)(A)(i)(I)” for “paragraph (1)(A)(i)” in two places.

Subsec. (c). Pub. L. 116–260, div. N, § 284(b)(1)(C), and div. FF, § 103(b)(1)(C), amended section identically, adding subsec. (c).

Amendment by Pub. L. 119–21 effective July 1, 2028, see section 82001(c)(3) of Pub. L. 119–21, set out as a note under section 1078 of this title.

Amendment by section 702(p) of Pub. L. 116–260 effective July 1, 2024, except as otherwise expressly provided, and applicable with respect to award year 2024–2025 and each subsequent award year, as determined under this chapter, see section 701(b) of Pub. L. 116–260, set out as a note under section 1001 of this title.