Bill SponsorBILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 3112
116th Congress(2019-2020)
For-Profit Fraud Act
Introduced
Introduced
Introduced in House on Jun 5, 2019
Overview
Text
Introduced
Jun 5, 2019
Latest Action
Jun 25, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3112
Congress
116
Policy Area
Education
Education
Primary focus of measure is elementary, secondary, or higher education including special education and matters of academic performance, school administration, teaching, educational costs, and student aid.
Sponsorship by Party
Democrat
Maxine Waters
California
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

For-Profit Fraud Act

This bill 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. The bill 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).

The bill requires the Department of Education to notify the Department of Defense (DOD) and the Department of Veterans Affairs (VA) when a proprietary institution becomes ineligible to participate in federal student aid programs and when the institution regains such eligibility. Proprietary institutions that lose such eligibility are then ineligible to receive educational assistance from DOD or VA programs.

Text (1)
Introduced in House
June 5, 2019
Actions (4)
06/25/2019
Referred to the Subcommittee on Economic Opportunity.
06/06/2019
Referred to the Subcommittee on Military Personnel.
06/05/2019
Referred to the Committee on Education and Labor, and in addition to the Committees on Armed Services, and Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
06/05/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 6:32:24 AM
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