S4348-119

In Committee

PARITY Act

119th Congress Introduced Apr 20, 2026

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, PARITY Act, changes federal law or congressional policy affecting schools, students, and education providers. The main policy domain is Education.

Who Benefits and How

schools, students, and education providers 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, schools, students, and education providers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section iddc16167e9e294e9f82ab839d13486490: 1. Short title This Act may be cited as the Promoting Access and Revenue Integrity Through Institutional Transparency Act or the PARITY Act.
  • Section S1: 2. Regulatory relief Section 487 of the Higher Education Act of 1965 (20 U.S.C. 1094) is amended— in subsection (a), by repealing paragraph (24); and by...

Evidence Chain:

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

At a Glance

What This Bill Does

This bill, PARITY Act, changes federal law or congressional policy affecting schools, students, and education providers.

Key Policy Areas

Education

Primary Purpose

This bill, PARITY Act, changes federal law or congressional policy affecting schools, students, and education providers.

Policy Domains

Education

Whole bill

Identified Gains
Contextual inference, no direct clause citation
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • federal implementing agencies
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is

Contextual inference, no direct clause citation

Legislative Progress

In Committee
Introduced Committee Passed
Apr 20, 2026

Read twice and referred to the Committee on Health, Education, …

Apr 20, 2026

Introduced in Senate

Apr 20, 2026

Mr. Banks introduced the following bill; which was read twice …

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Education
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

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