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. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Fostering Under-
graduate Talent by Unlocking Resources for Education 
Act’’ or the ‘‘FUTURE Act’’. 
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SEC. 2. STRENGTHENING HISTORICALLY BLACK COLLEGES 
AND UNIVERSITIES AND OTHER MINORITY- 
SERVING INSTITUTIONS. 
Section 371(b)(1)(A) of the Higher Education Act of 
1965 (20 U.S.C. 1067q(b)(1)(A)) is amended— 
(1) in the first sentence, by striking ‘‘through 
2019’’ and inserting ‘‘through 2021’’; and 
(2) in the second sentence, by striking ‘‘2019’’ 
and inserting ‘‘2021’’. 
SEC. 3. ELIMINATION OF ACCOUNT MAINTENANCE FEES. 
(a) IN GENERAL.—Section 458 of the Higher Edu-
cation Act of 1965 (20 U.S.C. 1087h) is amended— 
(1) in subsection (a)— 
(A) by striking paragraphs (1), (4), and 
(5); and 
(B) by redesignating paragraphs (3), (6), 
(7), and (8) as paragraphs (1), (2), (3), and 
(4), respectively; 
(2) by striking subsection (b); and 
(3) by redesignating subsection (c) as sub-
section (b). 
(b) CONFORMING AMENDMENTS.—Section 422B(c) 
of the Higher Education Act of 1965 (20 U.S.C. 
1072b(c)) is amended— 
(1) by striking paragraph (3); and 
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SEC. 5. DETERMINATION OF BUDGETARY EFFECTS. 
The budgetary effects of this Act, for the purpose of 
complying with the Statutory Pay-As-You-Go Act of 2010, 
shall be determined by reference to the latest statement 
titled ‘‘Budgetary Effects of PAYGO Legislation’’ for this 
Act, submitted for printing in the Congressional Record 
by the Chairman of the Committee on the Budget of the 
House of Representatives, provided that such statement 
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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Calendar No. 212 
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. 
SEPTEMBER 23, 2019 
Read the second time and placed on the calendar 
VerDate Sep 11 2014 
02:18 Sep 24, 2019
Jkt 089200
PO 00000
Frm 00006
Fmt 6651
Sfmt 6651
E:\BILLS\H2486.PCS
H2486
pamtmann on DSKBC07HB2PROD with BILLS