II 

Calendar No. 212 

116TH CONGRESS 

1ST SESSION H. R. 2486 

IN THE SENATE OF THE UNITED STATES 

SEPTEMBER 18, 2019 

Received 

SEPTEMBER 19, 2019 

Read the first time 

SEPTEMBER 23, 2019 

Read the second time and placed on the calendar 

AN ACT 

To reauthorize mandatory funding programs for historically 

Black colleges and universities and other minority-serving 

institutions. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Fostering Under5 graduate Talent by Unlocking Resources for Education 

6 Act’’ or the ‘‘FUTURE Act’’. 


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HR 2486 PCS

1 SEC. 2. STRENGTHENING HISTORICALLY BLACK COLLEGES 

2 AND UNIVERSITIES AND OTHER MINORITY3 SERVING INSTITUTIONS. 

4 Section 371(b)(1)(A) of the Higher Education Act of 

5 1965 (20 U.S.C. 1067q(b)(1)(A)) is amended— 

6 (1) in the first sentence, by striking ‘‘through 

7 2019’’ and inserting ‘‘through 2021’’; and 

8 (2) in the second sentence, by striking ‘‘2019’’ 

9 and inserting ‘‘2021’’. 

10 SEC. 3. ELIMINATION OF ACCOUNT MAINTENANCE FEES. 

11 (a) IN GENERAL.—Section 458 of the Higher Edu12 cation Act of 1965 (20 U.S.C. 1087h) is amended— 

13 (1) in subsection (a)— 

14 (A) by striking paragraphs (1), (4), and 

15 (5); and 

16 (B) by redesignating paragraphs (3), (6), 

17 (7), and (8) as paragraphs (1), (2), (3), and 

18 (4), respectively; 

19 (2) by striking subsection (b); and 

20 (3) by redesignating subsection (c) as sub21 section (b). 

22 (b) CONFORMING AMENDMENTS.—Section 422B(c) 

23 of the Higher Education Act of 1965 (20 U.S.C. 

24 1072b(c)) is amended— 

25 (1) by striking paragraph (3); and 


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HR 2486 PCS

1 (2) by redesignating paragraphs (4) through 

2 (6) as paragraphs (3) through (5), respectively. 

3 (c) EFFECTIVE DATE.—The amendments made by 

4 this section shall take effect on October 1, 2019. 

5 SEC. 4. TRANSFER OF FEDERAL PELL GRANT FUNDS. 

6 Section 401(b)(7)(A)(iv) of the Higher Education Act 

7 of 1965 (20 U.S.C. 1070a(b)(7)(A)(iv)) is amended by 

8 striking subclauses (X) and (XI) and inserting the fol9 lowing: 

10 ‘‘(X) $1,267,000,000 for fiscal 

11 year 2020; 

12 ‘‘(XI) $1,145,000,000 for fiscal 

13 year 2021; 

14 ‘‘(XII) $1,145,000,000 for fiscal 

15 year 2022; 

16 ‘‘(XIII) $1,145,000,000 for fiscal 

17 year 2023; 

18 ‘‘(XIV) $1,145,000,000 for fiscal 

19 year 2024; 

20 ‘‘(XV) $1,394,000,000 for fiscal 

21 year 2025; and 

22 ‘‘(XVI) $1,145,000,000 for fiscal 

23 year 2026 and each succeeding fiscal 

24 year.’’. 


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1 SEC. 5. DETERMINATION OF BUDGETARY EFFECTS. 

2 The budgetary effects of this Act, for the purpose of 

3 complying with the Statutory Pay-As-You-Go Act of 2010, 

4 shall be determined by reference to the latest statement 

5 titled ‘‘Budgetary Effects of PAYGO Legislation’’ for this 

6 Act, submitted for printing in the Congressional Record 

7 by the Chairman of the Committee on the Budget of the 

8 House of Representatives, provided that such statement 

9 has been submitted prior to the vote on passage. 

Passed the House of Representatives September 17, 

2019. 

Attest: CHERYL L. JOHNSON, 

Clerk. 


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pamtmann on DSKBC07HB2PROD with BILLS
Calendar No. 212 

116TH CONGRESS 

1ST SESSION H. R. 2486 

AN ACT 

To reauthorize mandatory funding programs for 

other minority-serving institutions. historically Black colleges and universities and 

SEPTEMBER 23, 2019 

Read the second time and placed on the calendar 


pamtmann on DSKBC07HB2PROD with BILLS