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HR 7031 117th Congress House Education

Change of Ownership and Conversion Improvement Act

Introduced: March 9, 2022 See on congress.gov
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
Mar 9, 2022
Referred to the House Committee on Education and Labor.
Mar 9, 2022
Introduced in House
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 Plain-English summary Congressional Research Service

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.

What's happening now March 9, 2022

Referred to the House Committee on Education and Labor.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
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/
MLA
"H.R. 7031: Change of Ownership and Conversion Improvement Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7031/.
Bluebook (legal)
H.R. 7031, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7031/.
Markdown link
[H.R. 7031: Change of Ownership and Conversion Improvement Act](https://openamerica.io/bill/117-HR-7031/)
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