116TH CONGRESS 

1ST SESSION H. R. 2486 

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, 
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1 SECTION 1. SHORT TITLE. 

2 This Act may be cited as the ‘‘Fostering Under3 graduate Talent by Unlocking Resources for Education 

4 Act’’ or the ‘‘FUTURE Act’’. 

5 SEC. 2. STRENGTHENING HISTORICALLY BLACK COLLEGES 

6 AND UNIVERSITIES AND OTHER MINORITY7 SERVING INSTITUTIONS. 

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

9 1965 (20 U.S.C. 1067q(b)(1)(A)) is amended— 

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

11 2019’’ and inserting ‘‘through 2021’’; and 

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

13 and inserting ‘‘2021’’. 

14 SEC. 3. ELIMINATION OF ACCOUNT MAINTENANCE FEES. 

15 (a) IN GENERAL.—Section 458 of the Higher Edu16 cation Act of 1965 (20 U.S.C. 1087h) is amended— 

17 (1) in subsection (a)— 

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

19 (5); and 

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

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

22 (4), respectively; 

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

24 (3) by redesignating subsection (c) as sub25 section (b). 
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1 (b) CONFORMING AMENDMENTS.—Section 422B(c) 

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

3 1072b(c)) is amended— 

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

5 (2) by redesignating paragraphs (4) through 

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

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

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

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

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

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

12 striking subclauses (X) and (XI) and inserting the fol13 lowing: 

14 ‘‘(X) $1,267,000,000 for fiscal 

15 year 2020; 

16 ‘‘(XI) $1,145,000,000 for fiscal 

17 year 2021; 

18 ‘‘(XII) $1,145,000,000 for fiscal 

19 year 2022; 

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

21 year 2023; 

22 ‘‘(XIV) $1,145,000,000 for fiscal 

23 year 2024; 

24 ‘‘(XV) $1,394,000,000 for fiscal 

25 year 2025; and 
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1 ‘‘(XVI) $1,145,000,000 for fiscal 

2 year 2026 and each succeeding fiscal 

3 year.’’. 

4 SEC. 5. DETERMINATION OF BUDGETARY EFFECTS. 

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

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

7 shall be determined by reference to the latest statement 

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

9 Act, submitted for printing in the Congressional Record 

10 by the Chairman of the Committee on the Budget of the 

11 House of Representatives, provided that such statement 

12 has been submitted prior to the vote on passage. 

Passed the House of Representatives September 17, 

2019. 

Attest: 

Clerk. 

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