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HR 2271 · in committee · significant

Change of Ownership and Conversion Improvement Act

What this bill does

  • The bill creates a new review and approval process for colleges changing ownership or converting from for-profit to nonprofit status.
  • Colleges seeking ownership changes or conversions are affected, along as the Department of Education and Internal Revenue Service.
  • Institutions must pay administrative and annual monitoring fees; the process has set timelines for approval or denial decisions.

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Community Threads

Started by Cosponsor

  1. 01

    What specific concerns about student protections prompted Congress to require Department of Education approval before colleges can change ownership or convert to nonprofit status?

  2. 02

    How might the administrative and annual monitoring fees affect smaller institutions' ability to convert from for-profit to nonprofit status compared to larger colleges?

  3. 03

    What evidence exists that the current process for ownership changes and conversions has harmed students or taxpayers, justifying new federal review requirements?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-UT-4

Burgess Owens

Citizen cosponsors

0

In Congress

0/ 435

House Reps cosponsoring

Introduced 2025-03-21

Legislative timeline

  1. 2025-03-21 · house · IntroReferral

    Referred to the House Committee on Education and Workforce.

  2. 2025-03-21 · IntroReferral

    Introduced in House

  3. 2025-03-21 · IntroReferral

    Introduced in House

Congress.gov ↗

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