,i #aaf? ,,congress #a/ ,session ,h4 ,r4 #dfae ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,octob] #d1 #bjai,ms4 ,%alala 7= h]self1 ,mr4 ,k+ ( ,new ,york1 ,mr4 ,ca/5 ( ,ill9ois1 ,mr4 ,fitzpatrick1 ,mr4 ,m\lton1 & ,ms4 ,ocasio-,cortez7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,education & ,labor ,a ,,bill ,to am5d ! ,high] ,education ,act ( #aife to require an in/itution ( high] education to submit a tea*-out plan "u c]ta9 circum/ances1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,/op ,college ,closures ,act ( #bjai4 #b4 ,requirem5ts = accr$it+ ag5cy recognition ,section #dif ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajii;b7 is am5d$-- 7#a7 9 subsection 7c7-- 7,a7 9 p>agraph 7#b71 by ins]t+ be=e ! semicolon at ! end ! foll[+3 or decl9e2 7,b7 by am5d+ p>agraph 7#c7 to read z foll[s3 7#c7 requires an in/itution to submit = approval to ! accr$it+ ag5cy or association a tea*-out plan ^u ! occurr5ce ( any ( ! foll[+ ev5ts-- 7,a7 ! ,secret>y notifies ! ag5cy or association t ! ,secret>y has det]m9$ "u section #dih7;c7 t ! in/itution does n h ! f9ancial responsibility requir$ by ?is title2 7,b7 ! ,secret>y notifies ! ag5cy ( a det]m9ation by ! in/itution's indep5d5t auditor express+ d\bt ) ! in/itution's ability to op]ate z a go+ conc]n or indicat+ an adv]se op9ion or f9d+ ( mat]ial weakness relat$ to f9ancial /ability1 except t ?is subp>agraph %all n apply ) respect to a public in/itution2 7,c7 ! ag5cy or association acts to place an in/itution on probation1 %[ cause1 or equival5t /atus2 or 7,d7 ! ,secret>y notifies ! ag5cy t ! in/itution is p>ticipat+ 9 title ,,iv "u a provisional program p>ticipation agreem5t2 2 7,c7 by am5d+ p>agraph 7#f7 to read z foll[s3 7#f7 requires t tea*-out agreem5ts among in/itutions are subject to approval by ! accr$it+ ag5cy or association consi/5t ) /&>ds promulgat$ by su* ag5cy or association1 & t su* an agreem5t %all be requir$ & subject to su* approval ^u ! occurr5ce ( any ( ! foll[+ ev5ts3 7,a7 ! ,secret>y notifies ! ag5cy or association t-- 7i7 ! ,secret>y has plac$ ! in/itution on ! reimbursem5t paym5t me?od pursuant to section #dhg7;c77#a77;,b72 & 7ii7 ! in/itution fails to meet crit]ia prescrib$ by ! ,secret>y reg>d+ ratios t demon/rate f9ancial responsibility z describ$ 9 section #dih7;c77#b72 7,b7 ! ,secret>y notifies ! accr$it+ ag5cy or association t ! ,secret>y has initiat$-- 7i7 an em]g5cy action aga9/ ! in/itution pursuant to section #dhg7;c77#a77;,g72 or 7ii7 an action "u section #dhg7;c77#a77;,f7 to limit1 susp5d1 or t]m9ate ! p>ticipation ( ! in/itution 9 any program "u ?is title2 7,c7 ! accr$it+ ag5cy or association acts to )draw1 t]m9ate1 or susp5d ! accr$itation ( ! in/itution2 7,d7 ! in/itution notifies ! accr$it+ ag5cy or association t ! in/itution int5ds to cease op]ations2 7,e7 ! in/itution notifies ! accr$it+ ag5cy or association t ! in/itution int5ds to close a location t provides "o hundr$ p]c5t ( at lea/ "o program2 or 7,f7 pursuant to section #die1 ! ,/ate notifies ! accr$it+ ag5cy or association t an in/itution's lic5se or legal au?orization to op]ate )9 ! ,/ate has be5 or w be revok$2 2 7,d7 9 p>agraph 7#h71 by /rik+ & at ! end2 7,e7 9 p>agraph 7#i77;,b71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,f7 by add+ at ! end ! foll[+3 7#aj7 responds to compla9ts receiv$ ) respect to an in/itution dur+ ! p]iod dur+ :i* ! accr$it+ ag5cy or association accr$its su* in/itution n lat] ?an #cj days aft] receiv+ ! compla9t 7includ+ compla9ts %>$ ) ! ag5cy or association by ! ,secret>y or a ,/ate ag5cy "u section #die71 monitors & assesses an in/itution's record ( /ud5t compla9ts dur+ su* p]iod1 & submits su* compla9ts to ! ,secret>y & to ! ,/ate ag5cy involv$4 4