HR. 2271In Committee
Change of Ownership and Conversion Improvement Act
Revises the federal review process for higher education ownership changes and for profit to nonprofit or public conversions including fees deadlines reporting and postapproval monitoring
Plain-English overview
What this bill does
Revises the federal review process for higher education ownership changes and for profit to nonprofit or public conversions including fees deadlines reporting and postapproval monitoring
Key points
- Establish pretransaction review application
- Require administrative fees
- Require five year monitoring
- Direct approval deadlines
Current status
Where it stands
Status
In Committee
Latest action
2025-03-21 — Referred to the House Committee on Education and Workforce.
Related context
Topics and policy areas
undefinedEducation