# 116-hr-6651: Use Your Endowment Act

116-hr-6651, Use Your Endowment Act, is a 116th Congress bill sponsored by Rep. Cline, Ben [R-VA-6] (R-VA); status Referred to the House Committee on Education and Labor. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6651
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-6651
- Congress: 116
- Title: Use Your Endowment Act
- Status: Referred to the House Committee on Education and Labor.
- Introduced: 2020-05-01
- Sponsor: Rep. Cline, Ben [R-VA-6] (R-VA)
- Cosponsors: 3
- Policy area: Education
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Use Your Endowment Act This bill deems certain institutions of higher education (IHEs) ineligible to receive certain emergency relief funds to address the coronavirus (i.e., the virus that causes COVID-19). Specifically, an IHE with an endowment greater than $10 billion in 2019 is generally ineligible to receive such funds and must return any funds it received to the Department of Education (ED). However, such an IHE may receive and keep these funds if it provides documentation to ED that it expended 1,000% of the amount of the funds on emergency relief (e.g., financial-aid grants to students).

## Cosponsors (3)

- Rep. Jordan, Jim [R-OH-4] (R-OH), 2020-05-01T00:00:00.000Z
- Rep. Gallagher, Mike [R-WI-8] (R-WI), 2020-05-01T00:00:00.000Z
- Rep. Mooney, Alexander X. [R-WV-2] (R-WV), 2020-07-21T00:00:00.000Z

## Related bills

- 116-hr-6742: Protecting Life in Crisis Act
- 116-hr-4305: PAWS for Veterans Therapy Act
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-7710: Open Schools Responsibly Act
- 116-hr-7278: JUSTICE Act
- 116-hr-6802: ALIGN Act

## Sources
- [116-hr-6651 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6651)

## Related
- [116-hr-6742: Protecting Life in Crisis Act](https://policyrisk.com/legislation/116-hr-6742)
- [116-hr-4305: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/116-hr-4305)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-7710: Open Schools Responsibly Act](https://policyrisk.com/legislation/116-hr-7710)
- [116-hr-7278: JUSTICE Act](https://policyrisk.com/legislation/116-hr-7278)
- [116-hr-6802: ALIGN Act](https://policyrisk.com/legislation/116-hr-6802)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6651 (as of 2025-11-18).