H.R. 7728 — Introduced in House

I 117th CONGRESS 2d Session H. R. 7728 IN THE HOUSE OF REPRESENTATIVES May 11, 2022Ms. Porter introduced the following bill; which was referred to the Committee on Education and Labor A BILL To amend the Higher Education Act of 1965 to include court-ordered receivership in the list of actions resulting in a change of ownership of institutions of higher education. 1. Short title This Act may be cited as the Student Protection Act. 2. Actions resulting in a change of ownership Section 498(i)(2) of the Higher Education Act of 1965 (20 U.S.C. 1099c(i)(2)) is amended— (1) in subparagraph (E), by striking or at the end; (2) in subparagraph (F), by striking the period at the end and inserting ; or; and (3) by adding at the end the following: (G) or a court-ordered receivership. .