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Change of Ownership and Conversion Improvement Act
Legislative Progress
Momentum (last 30 days)
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vs 10,940 other HR bills in the 119th — cohort avg 30d
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. Specifically, the bill (1) establishes a pretransaction review application, and (2) requires an IHE to pay an administrative fee to the Department of Education (ED) for change in ownership or conversion transactions or pretransaction reviews. In the case of a for-profit IHE seeking conversion or a pretransaction review for conversion, ED must remit 50% of the administrative fee to the Internal Revenue Service (IRS) to determine whether the IHE is exempt from tax and is otherwise in compliance with the applicable requirements of the Internal Revenue Code of 1986 (IRC). The bill establishes time frames for ED to approve or deny applications. The bill also includes various reporting requirements. An IHE that has been approved for conversion by ED must be subject to a five-year monitoring period and must also pay an annual fee for this monitoring. ED must remit 50% of the annual fee to the IRS for monitoring the IHE's compliance with the IRC. The Government Accountability Office must report on the implementation of this bill's provisions.
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Filing registrants (1)
2026 · first_quarter · Education
H.R. 1 (Pub. L. 119-21) One Big Beautiful Bill Act provisions related to higher education accountability, federal Pell Grants, Grad/PARENT PLUS, Federal Direct loans, Workforce Pell, 529 Plan eligible expenses, institutional authority to reduce loan limits S. 235 Apprenticeship Pathways Act of 2025 H.R. 1174 Ensuring Distance Education Act H.R. 1176 Clock Hour Program Student Protection Act H.R. 2271 Change of Ownership and Conversion Improvement Act H.R. 1391 Student Veteran Benefit Restoration Act of 2025 S. 2511 College Transparency Act S. 1559 Know Before You Owe Student Loans Act S. 1558 Understanding the True Cost of College Act Informed Student Borrowing Act (draft text)
Referred to the House Committee on Education and Workforce.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $125,000 · Firm income: Not reported
Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · fourth_quarter · Education
H.R. 1 (Pub. L. 119-21) One Big Beautiful Bill Act provisions related to higher education accountability, federal Pell Grants, Grad/PARENT PLUS, Federal Direct loans, Workforce Pell, 529 Plan eligible expenses, institutional authority to reduce loan limits S. 235 Apprenticeship Pathways Act of 2025 H.R. 1174 Ensuring Distance Education Act H.R. 1176 Clock Hour Program Student Protection Act H.R. 2271 Change of Ownership and Conversion Improvement Act H.R. 1391 Student Veteran Benefit Restoration Act of 2025 S. 2511 College Transparency Act S. 1559 Know Before You Owe Student Loans Act S. 1558 Understanding the True Cost of College Act Informed Student Borrowing Act (draft text)
Client expense: $110,000 · Firm income: Not reported
Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · third_quarter · Education
H.R. 1 (Pub. L. 119-21) One Big Beautiful Bill Act provisions related to higher education accountability, federal Pell Grants, Grad/PARENT PLUS, Federal Direct loans, Workforce Pell, 529 Plan eligible expenses, institutional authority to reduce loan limits S. 235 Apprenticeship Pathways Act of 2025 H.R. 1174 Ensuring Distance Education Act H.R. 1176 Clock Hour Program Student Protection Act H.R. 2271 Change of Ownership and Conversion Improvement Act H.R. 1391 Student Veteran Benefit Restoration Act of 2025 S. 2511 College Transparency Act S. 1559 Know Before You Owe Student Loans Act S. 1558 Understanding the True Cost of College Act Informed Student Borrowing Act (draft text)
Client expense: $100,000 · Firm income: Not reported
Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · second_quarter · Education
- H. R. 496 Promoting Employment and Lifelong Learning Act (PELL Act), a bill to amend the Higher Education Act of 1 965 to extend Federal Pell Grant eligibility to certain short-term workforce programs. -S. 383- JOBS Act of 2025, a bill to extend Federal Pell Grant Eligibility of certain short-term programs. - Department of Education (GENERAL-23 -1 1 ) Establishing Personal Liability Requirements for Financial Losses Related to the Title IV Programs. - Department of Education Final Rule on Determining the Amount of Federal Education Assistance Funds Received by Institutions of Higher Education (90/1 0) - Docket ID ED-2022-OPE-0062 - When the House and Senate Education Committee debates and/or proposes legislation related to institutions of higher education accountability requirements or student-outcome-based quality assurance system, CECU continues to engage the two committees to consider applying Section 454(a) (4) of the Higher Education Act in the legislation to ensure that the accountability requirements and/or student-outcome-based quality assurance system apply equally to all institutions of higher education (public, private nonprofit, and proprietary institutions). - CECU continues to engage the White House and Department of Education about applying section 454(a)(4) of the Higher Education Act in any new regulations related to accountability requirements and/or student-outcome-based quality assurance system to ensure that the accountability requirements and/or student-outcome-based quality assurance system apply equally to all institutions of higher education (public, private nonprofit, and proprietary institutions). -Financial Value Transparency and Gainful Employment (GE), Financial Responsibility, Administrative Capability, Certification Procedures, Ability to Benefit (ATB) Docket ID ED-2023 -OPE-0089 - Program Integrity & Institutional Quality Negotiated Rulemaking; Proposed Cash Management rule in Negotiated Rulemaking Certification Procedures Final Rule- Docket ID ED-2023 -OPE-0089 - H. Con. Res. 14-Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years - H.R. 1151/S.756 Freedom to Invest in Tomorrows Workforce Act - S. 235 Apprenticeship Pathways Act of 2025 - S. 308 Graduate Opportunity and Affordable Loans Act - H.R. 1174 Ensuring Distance Education Act - H.R. 1176 Clock Hour Program Student Protection Act - H.R. 2271 Change of Ownership and Conversion Improvement Act - H.R. 1391 Student Veteran Benefit Restoration Act of 2025 - S. 994 PROTECT Students Act of 2025
Client expense: $100,000 · Firm income: Not reported
Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · first_quarter · Education
- H. R. 496 Promoting Employment and Lifelong Learning Act (PELL Act), a bill to amend the Higher Education Act of 1 965 to extend Federal Pell Grant eligibility to certain short-term workforce programs. -S. 383- JOBS Act of 2025, a bill to extend Federal Pell Grant Eligibility of certain short-term programs. - Department of Education (GENERAL-23 -1 1 ) Establishing Personal Liability Requirements for Financial Losses Related to the Title IV Programs. - Department of Education Final Rule on Determining the Amount of Federal Education Assistance Funds Received by Institutions of Higher Education (90/1 0) - Docket ID ED-2022-OPE-0062 - When the House and Senate Education Committee debates and/or proposes legislation related to institutions of higher education accountability requirements or student-outcome-based quality assurance system, CECU continues to engage the two committees to consider applying Section 454(a) (4) of the Higher Education Act in the legislation to ensure that the accountability requirements and/or student-outcome-based quality assurance system apply equally to all institutions of higher education (public, private nonprofit, and proprietary institutions). - CECU continues to engage the White House and Department of Education about applying section 454(a)(4) of the Higher Education Act in any new regulations related to accountability requirements and/or student-outcome-based quality assurance system to ensure that the accountability requirements and/or student-outcome-based quality assurance system apply equally to all institutions of higher education (public, private nonprofit, and proprietary institutions). -Financial Value Transparency and Gainful Employment (GE), Financial Responsibility, Administrative Capability, Certification Procedures, Ability to Benefit (ATB) Docket ID ED-2023 -OPE-0089 - Program Integrity & Institutional Quality Negotiated Rulemaking; Proposed Cash Management rule in Negotiated Rulemaking Certification Procedures Final Rule- Docket ID ED-2023 -OPE-0089 - H. Con. Res. 14-Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years - H.R. 1151/S.756 Freedom to Invest in Tomorrows Workforce Act - S. 235 Apprenticeship Pathways Act of 2025 - S. 308 Graduate Opportunity and Affordable Loans Ac - H.R. 1174 Ensuring Distance Education Act - H.R. 1176 Clock Hour Program Student Protection Act - H.R. 2271 Change of Ownership and Conversion Improvement Act - H.R. 1391 Student Veteran Benefit Restoration Act of 2025 - S. 994 PROTECT Students Act of 2025
Client expense: $100,000 · Firm income: Not reported
Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, SENATE, White House Office