Change of Ownership and Conversion Improvement Act
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
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, including by establishing a pretransaction review application and requiring an IHE to pay an administrative fee for such transactions or pretransaction reviews. The Government Accountability Office must report on the implementation of this bill's provisions.
Referred to the House Committee on Education and Labor.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 7031: Change of Ownership and Conversion Improvement Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7031/
"H.R. 7031: Change of Ownership and Conversion Improvement Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7031/.
H.R. 7031, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7031/.
[H.R. 7031: Change of Ownership and Conversion Improvement Act](https://openamerica.io/bill/117-HR-7031/)