#aafth ,,congress #ast ,session ,h4 ,r4 #bdhf ,,an ,,act ,to reauthorize mandatory funding programs for historically ,black colleges and universities and other minority-serving institutions4 #a4 ,short title ,this ,act may be cited as the ,fostering ,undergraduate ,talent by ,unlocking ,resources for ,education ,act or the ,,future ,act4 #b4 ,strengthening historically black colleges and universities and other minority-serving institutions ,section #cga7;b77#a77;,a7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajfgq7b77#a77;,a77 is amended-- 7#a7 in the first sentence1 by striking through #bjai and inserting through #bjba2 and 7#b7 in the second sentence1 by striking #bjai and inserting #bjba4 #c4 ,elimination of account maintenance fees 7a7 ,in general ,section #deh of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajhg;h7 is amended-- 7#a7 in subsection 7a7-- 7,a7 by striking paragraphs 7#a71 7#d71 and 7#e72 and 7,b7 by redesignating paragraphs 7#c71 7#f71 7#g71 and 7#h7 as paragraphs 7#a71 7#b71 7#c71 and 7#d71 respectively2 7#b7 by striking subsection 7b72 and 7#c7 by redesignating subsection 7c7 as subsection 7b74 7b7 ,conforming amendments ,section #dbb;,b7c7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgb;b7c77 is amended-- 7#a7 by striking paragraph 7#c72 and 7#b7 by redesignating paragraphs 7#d7 through 7#f7 as paragraphs 7#c7 through 7#e71 respectively4 7c7 ,effective date ,the amendments made by this section shall take effect on ,october #a1 #bjai4 #d4 ,transfer of ,federal ,pell ,grant ,funds ,section #dja7;b77#g77;,a77iv7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajgj;a7b77#g77;,a77iv77 is amended by striking subclauses 7,x7 and 7,,xi7 and inserting the following3 7,x7 #a1bfg1jjj1jjj for fiscal year #bjbj2 7,,xi7 #a1ade1jjj1jjj for fiscal year #bjba2 7,,xii7 #a1ade1jjj1jjj for fiscal year #bjbb2 7,,xiii7 #a1ade1jjj1jjj for fiscal year #bjbc2 7,,xiv7 #a1ade1jjj1jjj for fiscal year #bjbd2 7,,xv7 #a1cid1jjj1jjj for fiscal year #bjbe2 and 7,,xvi7 #a1ade1jjj1jjj for fiscal year #bjbf and each succeeding fiscal year4 4 #e4 ,determination of budgetary effects ,the budgetary effects of this ,act1 for the purpose of complying with the ,statutory ,pay-,as-,you-,go ,act of #bjaj1 shall be determined by reference to the latest statement titled ,budgetary ,effects of ,,paygo ,legislation for this ,act1 submitted for printing in the ,congressional ,record by the ,chairman of the ,committee on the ,budget of the ,house of ,representatives1 provided that such statement has been submitted prior to the vote on passage4 ,passed the ,house of ,representatives ,september #ag1 #bjai4;,clerk4