; and (B) the Secretary may recall any funds allocated to an institution of higher education for award year 2016–2017 under section 413D or 442 of the Higher Education Act of 1965 ( 20 U.S.C. 1070b–3 and 1087–52), that, if not returned to the Secretary as excess allocations pursuant to either of those sections, would otherwise lapse on September 30, 2017, and reallocate those funds in accordance with paragraph (2)(A). (c) Emergency requirement This section is designated as an emergency requirement pursuant to section 4(g) of the Statutory Pay-As-You-Go Act of 2010 (title I of Public Law 111–139 ; 2 U.S.C. 933(g) ). (d) Report Not later than October 1, 2018, the Secretary shall submit to the Committee on Health, Education, Labor, and Pensions of the Senate and the Committee on Education and the Workforce of the House of Representatives information on— (1) the total volume of assistance received by each eligible institution of higher education under subsection (b)(2); and (2) the total volume of the non-Federal share waived for each institution of higher education under subsection (b)(1). (e) Sunset The provisions of subsection (b) shall cease to be effective on September 30, 2018. 3. Project SERV and equitable services for children and teachers in private schools Section 8501(b)(1) of the Elementary and Secondary Education Act of 1965 ( 20 U.S.C. 7881(b)(1) ) is amended— (1) in subparagraph (D), by striking and ; (2) in subparagraph (E), by striking the period at the end and inserting ; and ; and (3) by adding at the end the following: (F) section 4631, with regard to Project SERV. .