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HR 2604 114th Congress House Commerce Competition and antitrust Higher education Student aid and college costs Student records

Need-Based Educational Aid Act of 2015

Introduced: June 2, 2015 See on congress.gov
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 Everywhere this bill has been 8 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 23, 2015
Placed on the Union Calendar, Calendar No. 169.
Jul 23, 2015
Reported by the Committee on Judiciary. H. Rept. 114-224.
Jul 8, 2015
Ordered to be Reported by Voice Vote.
Jul 8, 2015
Committee Consideration and Mark-up Session Held.
Jul 7, 2015
Subcommittee on Regulatory Reform, Commercial And Antitrust Law Discharged.
Jun 16, 2015
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Jun 2, 2015
Referred to the House Committee on the Judiciary.
Jun 2, 2015
Introduced in House
 Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Need-Based Educational Aid Act of 2015

(Sec. 2)This bill amends the Improving America's Schools Act of 1994 to extend through FY2022 the antitrust exemption that allows institutions of higher education that admit all students on a need-blind basis to enter or attempt to enter into agreements among themselves regarding the administration of need-based financial aid.

The bill also, however, repeals the permission for these institutions to exchange through an independent third party, before awarding financial aid to any of the students, data submitted by the student, his or her family, or a financial institution on their behalf relating to assets, liabilities, income, expenses, the number of family members, and the number of the student's siblings in college, if each of the institutions is permitted to retrieve the data only once with respect to the student.

What's happening now July 23, 2015

Placed on the Union Calendar, Calendar No. 169.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1