US SB383 | 2021-2022 | 117th Congress

Status

Spectrum: Moderate Partisan Bill (Democrat 9-1)
Status: Introduced on February 23 2021 - 25% progression
Action: 2021-02-23 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S824)
Pending: Senate Health, Education, Labor, And Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requires a for-profit institution of higher education (IHE), in order to participate in federal student-aid programs, to derive at least 15% of its revenue from sources other than federal funds. Current law requires a for-profit IHE to derive at least 10% of its revenue from sources other than federal funds. The bill also expands the definition of federal funds to include GI education benefits, with an exception for the monthly housing stipend provided under the Post-9/11 Educational Assistance Program.

Tracking Information

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Title

POST Act of 2021 Protecting Our Students and Taxpayers Act of 2021

Sponsors


History

DateChamberAction
2021-02-23SenateRead twice and referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S824)

Same As/Similar To

HB1222 (Related) 2021-02-23 - Referred to the House Committee on Education and Labor.

Subjects


US Congress State Sources


Bill Comments

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