H.R. 2743 · 115th Congress
85/15 Rule Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
WatersSponsorNo cosponsors.
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require proprietary institutions of higher education to derive at least 15% (currently 10%) of their revenue from non-federal sources or risk becoming ineligible for title IV funding.
What it does: CRS summary · Introduced in House · May 25, 2017
85/15 Rule Act
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to require proprietary institutions of higher education to derive at least 15% (currently 10%) of their revenue from non-federal sources or risk becoming ineligible for title IV funding.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: 85/15 Rule Act
Latest action (May 25, 2017): Referred to the House Committee on Education and the Workforce.
Policy area: Education · Origin: House · Introduced: May 25, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.