US HB2604 | 2015-2016 | 114th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on June 2 2015 - 25% progression, died in chamber
Action: 2015-07-23 - Placed on the Union Calendar, Calendar No. 169.
Text: Latest bill text (Introduced) [PDF]

Summary

Need-Based Educational Aid Act of 2015 (Sec. 2)This bill amends the Improving America's Schools Act of 1994 to extend through FY2022 the antitrust exemption that allows institutions of higher education that admit all students on a need-blind basis to enter or attempt to enter into agreements among themselves regarding the administration of need-based financial aid. The bill also, however, repeals the permission for these institutions to exchange through an independent third party, before awarding financial aid to any of the students, data submitted by the student, his or her family, or a financial institution on their behalf relating to assets, liabilities, income, expenses, the number of family members, and the number of the student's siblings in college, if each of the institutions is permitted to retrieve the data only once with respect to the student.

Tracking Information

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Title

Need-Based Educational Aid Act of 2015

Sponsors


History

DateChamberAction
2015-07-23HousePlaced on the Union Calendar, Calendar No. 169.
2015-07-23HouseReported by the Committee on Judiciary. H. Rept. 114-224.
2015-07-08HouseOrdered to be Reported by Voice Vote.
2015-07-08HouseCommittee Consideration and Mark-up Session Held.
2015-07-07HouseSubcommittee on Regulatory Reform, Commercial And Antitrust Law Discharged.
2015-06-16HouseReferred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
2015-06-02HouseReferred to the House Committee on the Judiciary.
2015-06-02HouseIntroduced in House

Same As/Similar To

SB1482 (Same As) 2015-08-06 - Became Public Law No: 114-44. (TXT | PDF)

Subjects


US Congress State Sources


Bill Comments

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