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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

HBCU Capital Financing Improvement Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Higher Education Act of 1965 to modify certain provisions relating to the capital financing of historically Black colleges and universities.

Actions Overview (1)

Date Actions Overview
02/16/2017Introduced in House

All Actions (2)

Date All Actions
02/16/2017Referred to the House Committee on Education and the Workforce.
Action By: House of Representatives
02/16/2017Introduced in House
Action By: House of Representatives

Cosponsors (5)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Byrne, Bradley [R-AL-1]* 02/16/2017
Rep. Sewell, Terri A. [D-AL-7]* 02/16/2017
Rep. Hill, J. French [R-AR-2]* 02/16/2017
Rep. Cohen, Steve [D-TN-9] 03/09/2018
Rep. Price, David E. [D-NC-4] 04/27/2018

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Education and the Workforce02/16/2017 Referred to

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Subjects (6)

Latest Summary (1)

There is one summary for H.R.1123. View summaries

Shown Here:
Introduced in House (02/16/2017)

HBCU Capital Financing Improvement Act

This bill amends title III (Institutional Aid) of the Higher Education Act of 1965 to modify the HBCU Capital Financing Program. (The program guarantees low-cost private loans to historically black colleges and universities [HBCUs] to finance infrastructure repairs, maintenance, and construction.)

It replaces statutory references to "escrow account" with "bond insurance fund."

The bill authorizes the Department of Education to provide financial counseling that prepares an eligible HBCU to qualify for, apply for, and maintain a capital improvement loan.

It revises and expands reporting requirements for the HBCU Capital Financing Advisory Board.