Students Not Profits Act of 2019
Latest action · Oct 17, 2019 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedOct 17, 2019
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Students Not Profits Act of 2019
This bill makes certain institutions of higher education (IHEs) ineligible to receive federal financial student assistance.
Specifically, the bill makes for-profit institutions of higher education ineligible to receive such assistance. The bill also makes ineligible any institution that has (1) filed for bankruptcy; (2) been convicted of, or pled nolo contendere or guilty to, a crime involving federal student aid; (3) committed fraud, substantial misrepresentation, or false certification involving federal student aid; or (4) executive officers who were previously employed at an institution receiving federal student aid that closed.
Additionally, the bill establishes certain criteria that an IHE must meet to be eligible for conversion from a for-profit IHE to a nonprofit IHE. Before approving such conversion, the Department of Education must publish the application in the Federal Register for notice and comment.
Cosponsors 1
Members who signed on, in the order they did. All signed on Oct 17, 2019.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MA | Elizabeth Warren | Original | Oct 17, 2019 |
Actions 2
Everything that happened, newest first.
- Oct 17, 2019Introduced in Senate
- Oct 17, 2019Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 4724 | Students Not Profits Act of 2019 | Identical bill | Oct 17, 2019 |
Subjects
Assigned by the Library of Congress. Policy area: Education.
- Area studies and international education
- Bankruptcy
- Correctional facilities and imprisonment
- Education
- Education programs funding
- Educational technology and distance education
- Elementary and secondary education
- Fraud offenses and financial crimes
- Government information and archives
- Government lending and loan guarantees
- Higher education
- Licensing and registrations
- Marketing and advertising
- Medical education
- Nursing
- School administration
- Student aid and college costs
- Tax-exempt organizations
- Veterinary medicine and animal diseases
- Vocational and technical education
Text 1
Each version as it was printed, newest first.
- Oct 17, 2019Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.