Restoring College Access and Affordability Act
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
The bill requires removes a loan guarantee, compliance mandate provision: 2, requires removes a loan guarantee, compliance mandate provision: 3, and creates removes a grant, compliance mandate provision: 4. Pell Grants Section 83001 of the Act titled An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14 (Public Law 119–21; 139 Stat. 72) is. It relies on compliance mandates, loan guarantees, and grants. The main policy areas are Education.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Requires removes a loan guarantee, compliance mandate provision: 2.
- Requires removes a loan guarantee, compliance mandate provision: 3.
- Creates removes a grant, compliance mandate provision: 4. Pell Grants Section 83001 of the Act titled An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14 (Public Law 119–21; 139 Stat. 72) is...
- Adds or tightens a compliance mandate provision: 7. Modification of excise tax on endowment income of private colleges and universities Subsection (a) of section 4968 of the Internal Revenue Code of 1986 is amended...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill requires removes a loan guarantee, compliance mandate provision: 2, requires removes a loan guarantee, compliance mandate provision: 3, and creates removes a grant, compliance mandate provision: 4. Pell Grants Section 83001 of the Act titled An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14 (Public Law 119–21; 139 Stat. 72) is.
Key Policy Areas
Education
Primary Purpose
The bill requires removes a loan guarantee, compliance mandate provision: 2, requires removes a loan guarantee, compliance mandate provision: 3, and creates removes a grant, compliance mandate provision: 4. Pell Grants Section 83001 of the Act titled An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14 (Public Law 119–21; 139 Stat. 72) is.
Policy Domains
Sponsors
Legislative Progress
In CommitteeRead twice and referred to the Committee on Finance.
Introduced in Senate
Mr. Blumenthal (for himself, Mr. Luján, Mr. Booker, Mr. Merkley, …
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?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
Key Definitions
Terms defined in this bill
an eligible program under this title that is— a program of training to prepare students for gainful employment in a recognized occupation (such as a program that awards a certificate or credential), or a program that awards an associate's degree
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