; and (2) by adding at the end the following: (3) Any regulation proposed by the Secretary under paragraph (1)(C) of this subsection shall not be subject to the requirements of paragraph (2). . (b) Requirement To prescribe regulations Not later than 18 months after the date of enactment of this Act, the Secretary of Education shall issue regulations that meet the requirements of subparagraph (C) of section 478(a)(1) of the Higher Education Act of 1965 ( 20 U.S.C. 1087rr(a)(1) ), as added by subsection (a).