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117-hr-7031117th Congress

Change of Ownership and Conversion Improvement Act

Sponsored By: Representative Keller, Fred [R-PA-12]

Unknown

Summary

Change of Ownership and Conversion Improvement Act This bill revises the application and review process for institutions of higher education (IHEs) to change ownership or for a proprietary (i.e., for-profit) IHE to convert to public or other nonprofit status, including by establishing a pretransaction review application and requiring an IHE to pay an administrative fee for such transactions or pretransaction reviews. The Government Accountability Office must report on the implementation of this bill's provisions.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Keller, Fred [R-PA-12]

PA • R

Cosponsors

  • Rep. Miller-Meeks, Mariannette [R-IA-1]

    IA • R

    Sponsored 3/9/2022

  • Rep. Owens, Burgess [R-UT-4]

    UT • R

    Sponsored 3/9/2022

Roll Call Votes

No roll call votes available for this bill.

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