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H.R. 2700 117th Congress House

For-Profit College Conversion Accountability Act

Official title: To amend the Higher Education Act of 1965 to describe the process of converting a proprietary institution of higher education to a nonprofit institution of higher education.

Introduced: April 20, 2021 Introduced by: Lucy McBath Democratic · Georgia See on congress.gov
Education Department of EducationExecutive agency funding and structureGovernment information and archivesHigher educationTax-exempt organizations
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 20, 2021
Introduced in House
Apr 20, 2021
Referred to the House Committee on Education and Labor.
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 Latest action April 20, 2021

Referred to the House Committee on Education and Labor.

 Plain-English summary Congressional Research Service

For-Profit College Conversion Accountability Act

This bill establishes certain criteria that an institution of higher education (IHE) must meet to be eligible for conversion from a for-profit IHE to a nonprofit IHE.

An IHE seeking conversion must submit an application to the Department of Education (ED). The application must demonstrate, among other requirements, that the IHE is operated by one or more nonprofit corporations or associations. Before approving the conversion, ED must publish the application in the Federal Register for notice and comment. Upon approval, the IHE must be regulated as a for-profit IHE for a five-year transition period.

ED must also establish an office to carry out the requirements of this bill.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1
D
Jacobs, Sara
California · Apr 20, 2021
Manning, Kathy
· Apr 20, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2700: For-Profit College Conversion Accountability Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-2700/
MLA
"H.R. 2700: For-Profit College Conversion Accountability Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-2700/.
Bluebook (legal)
H.R. 2700, 117th Cong. (2026), https://openamerica.io/bill/117-HR-2700/.
Markdown link
[H.R. 2700: For-Profit College Conversion Accountability Act](https://openamerica.io/bill/117-HR-2700/)
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