S531-118

Introduced

To amend the Higher Education Act of 1965 to make technical improvements to the Net Price Calculator system so that prospective students may have a more accurate understanding of the true cost of college.

118th Congress Introduced Feb 27, 2023

Summary

What This Bill Does

The bill creates minimum standards for net price calculators Section 132(h) of the Higher Education Act of 1965 (20 U.S.C and requires universal net price calculator Section 132(h) of the Higher Education Act of 1965 (20 U.S.C. It relies on definition changes, reporting requirements, appropriations, and grants. The main policy areas are Veterans, Education, Environment, and Finance.

Who Benefits and How

Public beneficiaries or protected communities affected by the clause could face reduced risk.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Educational institutions and students affected by the bill would take on compliance duties, and Veterans and VA beneficiaries affected by the bill would take on compliance duties.

Key Provisions

  • Creates minimum standards for net price calculators Section 132(h) of the Higher Education Act of 1965 (20 U.S.C.
  • Requires universal net price calculator Section 132(h) of the Higher Education Act of 1965 (20 U.S.C.

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

The bill creates minimum standards for net price calculators Section 132(h) of the Higher Education Act of 1965 (20 U.S.C and requires universal net price calculator Section 132(h) of the Higher Education Act of 1965 (20 U.S.C.

Key Policy Areas

Veterans, Education, Environment, Finance

Primary Purpose

The bill creates minimum standards for net price calculators Section 132(h) of the Higher Education Act of 1965 (20 U.S.C and requires universal net price calculator Section 132(h) of the Higher Education Act of 1965 (20 U.S.C.

Policy Domains

Veterans Education Environment Finance

Whole bill

Identified Gains
  • Public beneficiaries or protected communities affected by the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Public beneficiaries or protected communities affected by the clause:
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Educational institutions and students affected by the bill
  • Veterans and VA beneficiaries affected by the bill
  • Transportation operators and users affected by the bill
  • Financial services firms and customers affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Veterans and VA beneficiaries affected by the bill:
Transportation operators and users affected by the bill:
Educational institutions and students affected by the bill: ,
Financial services firms and customers affected by the bill:
Federal, state, or local agencies responsible for implementing the clause: ,

Legislative Progress

Introduced
Introduced Committee Passed
Feb 27, 2023

Mr. Grassley (for himself and Ms. Smith) introduced the following …

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
Veterans Education Environment Finance

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