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

Titles (2)

Short Titles

Short Titles - Senate

Short Title(s) as Introduced

Protect Veterans' Education and Taxpayer Spending Act of 2019

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Higher Education Act of 1965 to count military and veterans education benefits as Federal educational assistance, and for other purposes.

Actions Overview (1)

Date Actions Overview
11/14/2019Introduced in Senate

All Actions (1)

Date All Actions
11/14/2019Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Action By: Senate

Cosponsors (5)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Lankford, James [R-OK]* 11/14/2019
Sen. Cassidy, Bill [R-LA]* 11/14/2019
Sen. Tester, Jon [D-MT]* 11/14/2019
Sen. Blumenthal, Richard [D-CT] 12/03/2019
Sen. Portman, Rob [R-OH] 12/03/2019

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 Related Documents
Senate Health, Education, Labor, and Pensions11/14/2019 Referred to

No related bill information was received for S.2857.

Latest Summary (1)

There is one summary for S.2857. View summaries

Shown Here:
Introduced in Senate (11/14/2019)

Protect Veterans' Education and Taxpayer Spending Act of 2019

This bill designates certain educational assistance funds as federal educational assistance for the purpose of determining a for-profit institution's revenue sources.

Under current law, a for-profit institution must receive at least 10% of its revenue from non-federal sources (known as the 90/10 Rule). Certain federal educational assistance funds provided to students who are servicemembers or veterans are not currently counted as federal sources, which enables a for-profit institution to count those funds towards its 10% requirement.

This bill designates such educational assistance funds as federal educational assistance, prohibiting a for-profit institution from counting such funds towards its 10% requirement. In addition, the bill establishes a tiered system of penalties for a school that violates the 90/10 Rule, but it also provides an appeal process that allows a for-profit institution to seek temporary relief from such penalties upon a showing that it meets certain conditions (e.g., offering high-quality academic or job-training programs and placing veterans and servicemembers in jobs after graduation).

The bill also requires disclosure—on the Department of Education's College Navigator website and the Department of Veterans Affairs' GI Bill Comparison Tool website—of any for-profit institution that is not in compliance, as well as the applicable sanction on such institution.

Lastly, any for-profit institution that converts to nonprofit status shall be subject to the 90/10 Rule for the two-year period after the date of conversion.