Senate Bill 383
117th Congress(2021-2022)
POST Act of 2021
Introduced
Introduced in Senate on Feb 23, 2021
Origin Chamber
Senate
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
383
Congress
117
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.
No Senate votes have been held for this bill.
Summary
Protecting Our Students and Taxpayers Act of 2021 or the POST Act of 2021
This bill 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.
February 23, 2021
02/23/2021
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S824)
02/23/2021
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:46:33 PM