US HB3179 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on June 10 2019 - 25% progression, died in committee
Action: 2019-06-10 - Referred to the House Committee on Education and Labor.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 10 2019 - 25% progression, died in committee
Action: 2019-06-10 - Referred to the House Committee on Education and Labor.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Modifies requirements for a proprietary (i.e., for-profit) institution of higher education (IHE) to participate in federal student aid programs. Current law requires a proprietary IHE to derive at least 10% of its revenue from sources other than federal student aid. requires a proprietary IHE to derive at least 15% of its revenue from sources other than federal funds (i.e., it replaces the so-called 90/10 rule with an 85/15 rule). Additionally, the bill limits what a proprietary institution may treat as revenue to the school in calculating whether it derives at least 15% of its revenue from sources other than federal funds. Finally, the bill makes compliance with the 85/15 rule a condition of institutional eligibility to participate in federal student aid programs (i.e., failure to comply results in immediate loss of institutional eligibility). Currently, a proprietary IHE must violate the rule for two consecutive years before losing eligibility.
Title
POST Act of 2019 Protecting Our Students and Taxpayers Act of 2019
Sponsors
Rep. Steve Cohen [D-TN] | Rep. Sheila Jackson-Lee [D-TX] | Rep. Gil Cisneros [D-CA] | Sen. Ben Lujan [D-NM] |
Rep. Ayanna Pressley [D-MA] | Rep. Barbara Lee [D-CA] |
History
Date | Chamber | Action |
---|---|---|
2019-06-10 | House | Referred to the House Committee on Education and Labor. |
2019-06-10 | House | Introduced in House |
Same As/Similar To
SB1775 (Same As) 2019-06-11 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S3322-3323)
HB3369 (Related) 2019-06-19 - Referred to the House Committee on Education and Labor.
HB3369 (Related) 2019-06-19 - Referred to the House Committee on Education and Labor.
Subjects
Congressional oversight
Education
Education programs funding
Higher education
Student aid and college costs
Veterans' education, employment, rehabilitation
Veterans' loans, housing, homeless programs
Education
Education programs funding
Higher education
Student aid and college costs
Veterans' education, employment, rehabilitation
Veterans' loans, housing, homeless programs
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/3179/all-info |
Text | https://www.congress.gov/116/bills/hr3179/BILLS-116hr3179ih.pdf |