S. 383 · 117th Congress
POST Act of 2021
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
DurbinSponsor9 cosponsors · 8 D, 1 I
9 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Protecting Our Students and Taxpayers Act of 2021 or the POST Act of 2021
What it does: CRS summary · Introduced in Senate · Feb 23, 2021
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: POST Act of 2021
Also known as: Protecting Our Students and Taxpayers Act of 2021
Latest action (Feb 23, 2021): Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S824)
Policy area: Education · Origin: Senate · Introduced: Feb 23, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.