H.R. 5816IntroducedHouse · nowSenatePresidentLawIn committeeSec. 4 · H.R. 5816
Implementation
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(a) In general The Secretary of Education, in coordination with the Director of the Office of Personnel Management, the Administrative Office of the United States Courts, the Clerk of the House of Representatives, and Secretary of the Senate, shall issue regulations and guidance for the Department, borrowers, loan servicers, and credit agencies necessary to implement this Act within 30 days of the date of enactment of this Act. (b) Compliance and enforcement Loan servicers and credit reporting agencies shall cooperate fully with the Secretary of Education in implementing this Act.