Library / Laws / 118th / hr / H.R. 7879 / Introduced in House
I
118th CONGRESS
2d Session
H. R. 7879
IN THE HOUSE OF REPRESENTATIVES
April 5, 2024Ms. Porter introduced the following bill; which was referred to the Committee on Education and the Workforce
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) a court-ordered receivership.
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