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House Bill 2743
115th Congress(2017-2018)
85/15 Rule Act
Introduced
Introduced
Introduced in House on May 25, 2017
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Introduced in House 
May 25, 2017
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Introduced in House(May 25, 2017)
May 25, 2017
Not Scanned for Linkage
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Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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H. R. 2743 (Introduced-in-House)


115th CONGRESS
1st Session
H. R. 2743


To amend the Higher Education Act of 1965 to require that proprietary institutions of higher education derive not less than fifteen percent of revenues from sources other than funds provided under title IV of such Act.

IN THE HOUSE OF REPRESENTATIVES

May 25, 2017

Ms. Maxine Waters of California introduced the following bill; which was referred to the Committee on Education and the Workforce

A BILL

To amend the Higher Education Act of 1965 to require that proprietary institutions of higher education derive not less than fifteen percent of revenues from sources other than funds provided under title IV of such Act.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “85/15 Rule Act”.

SEC. 2. 85/15 Rule.

Section 487(a)(24) of the Higher Education Act of 1965 (20 U.S.C. 1094(a)(24)) is amended by striking “ten” and inserting “fifteen”.

SEC. 3. Effective date.

This Act shall take effect with respect to award year 2018–2019 and each succeeding award year.