Statement by the Press Secretary: President Bush Signs H.R. 3678 and S. 2258 into Law

On Wednesday, October 31, 2007 the President signed into law:

H.R. 3678, the "Internet Tax Freedom Act Amendments Act of 2007," which extends the moratorium on State and local government Internet access taxes and multiple and discriminatory taxes on electronic commerce for seven years, through Novemeber 1, 2014; and

S. 2258, the "Third Higher Education Extension Act of 2007," which extends programs authorized under the Higher Education Act of 1965 through March 31, 2008, and expands eligibility for certain not-for-profit lenders to receive special allowance payment subsidies.