HR7144-118

Introduced

To amend the Higher Education Act of 1965 to modify the application and review process for changes of control, and for other purposes.

118th Congress Introduced Jan 30, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Higher Education Act of 1965 to modify the application and review process for changes of control, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Education, Finance.

Who Benefits and How

federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HE487D609F1BC4E44BFA43D5932E58633: 1. Short title This Act may be cited as the Change of Ownership and Conversion Improvement Act.
  • Section H2AE2DD8EA6C54A888363109FC9BA089A: 2. Findings Congress finds the following: Institutions of higher education in the United States frequently merge with, consolidate, and acquire other...
  • Section HC0DBBA1B91B5479B8DE5662FEB81BDEF: 3. Modifying the approval process for changes of control Section 498(i) of the Higher Education Act of 1965 (20 U.S.C. 1099c(i)) is amended— in the subsection...
  • Section HE82F3A3A1A2E4178B026514BEEB961BE: 4. Government Accountability Office Not later than 5 years after the date of enactment of this Act, the Comptroller General shall submit to the Committee on...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Higher Education Act of 1965 to modify the application and review process for changes of control, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Key Policy Areas

Government Operations, Education, Finance

Primary Purpose

This bill, To amend the Higher Education Act of 1965 to modify the application and review process for changes of control, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Policy Domains

Government Operations Education Finance

Whole bill

Identified Gains
  • federal agencies and legislative administrators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal agencies and legislative administrators: ,
Identified Costs
  • federal implementing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jan 30, 2024

Mr. Owens introduced the following bill; which was referred to …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Government Operations Education Finance
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section
"the_commission"
→ The commission identified in the operative section

Key Definitions

Terms defined in this bill

1 term
"conversion" §HC0DBBA1B91B5479B8DE5662FEB81BDEF

any transaction under which— a proprietary institution is reorganized and seeks recognition as a public or other nonprofit institution

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology