Title: Fostering Undergraduate Talent by Unlocking Resources for Education Act
Policy area: Education

Summary:
Fostering Undergraduate Talent by Unlocking Resources for Education Act or the FUTURE Act
This bill extends through FY2021 and revises mandatory funding programs for historically black colleges and universities and other minority-serving institutions, including by allocating a portion of the funding for grants to predominantly black institutions for programs in (1) science, technology, engineering, or mathematics; (2) health education; (3) internationalization or globalization; (4) teacher preparation; or (5) improving educational outcomes of African-American males.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2486 Introduced in House (IH)]

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116th CONGRESS
  1st Session
                                H. R. 2486

   To reauthorize mandatory funding programs for historically Black 
   colleges and universities and other minority-serving institutions.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 2, 2019

 Ms. Adams (for herself and Mr. Walker) introduced the following bill; 
       which was referred to the Committee on Education and Labor

_______________________________________________________________________

                                 A BILL


 
   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 Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Fostering Undergraduate Talent by 
Unlocking Resources for Education Act'' or the ``FUTURE Act''.

SEC. 2. STRENGTHENING HISTORICALLY BLACK COLLEGES AND UNIVERSITIES AND 
              OTHER MINORITY-SERVING INSTITUTIONS.

    Section 371(b) of the Higher Education Act of 1965 (20 U.S.C. 
1067q(b)) is amended--
            (1) in paragraph (1)(A)--
                    (A) in the first sentence, by striking ``through 
                2019'' and inserting ``through 2021''; and
                    (B) by striking the second sentence; and
            (2) in paragraph (2)--
                    (A) in subparagraph (A)--
                            (i) in clause (ii)--
                                    (I) by striking ``$100,000,000'' 
                                and inserting ``$85,000,000''; and
                                    (II) by striking ``and'' after the 
                                semicolon;
                            (ii) by redesignating clause (iii) as 
                        clause (iv);
                            (iii) by inserting after clause (ii) the 
                        following:
                            ``(iii) $15,000,000 shall be available for 
                        allocation under subparagraph (D); and''; and
                            (iv) in clause (iv), as redesignated by 
                        clause (ii), by striking ``(D)'' and inserting 
                        ``(E)'';
                    (B) by striking subparagraph (C) and inserting the 
                following:
                    ``(C) Allocation and allotment hbcus.--The amount 
                made available for allocation under this subparagraph 
                by subparagraph (A)(ii) for any fiscal year shall be 
                available to eligible institutions described in 
                subsection (a)(1) and shall be made available as grants 
                under section 323 and allotted among such institutions 
                under section 324, treating such amount, plus the 
                amount appropriated for such fiscal year in a regular 
                or supplemental appropriation Act to carry out part B 
                of this title, as the amount appropriated to carry out 
                part B of this title for purposes of allotments under 
                section 324, for use by such institutions with a 
                priority for--
                            ``(i) activities described in paragraphs 
                        (1), (2), (4), (5), and (10) of section 323(a); 
                        and
                            ``(ii) other activities, consistent with 
                        the institution's comprehensive plan and 
                        designed to increase the institution's capacity 
                        to prepare students for careers in the physical 
                        or natural sciences, mathematics, computer 
                        science or information technology or sciences, 
                        engineering, language instruction in the less 
                        commonly taught languages or international 
                        affairs, or nursing or allied health 
                        professions.'';
                    (C) by redesignating subparagraph (D) as 
                subparagraph (E);
                    (D) by inserting after subparagraph (C) the 
                following:
                    ``(D) Allocation and allotment pbis.--
                            ``(i) In general.--The amount made 
                        available for allocation under this 
                        subparagraph by subparagraph (A)(iii) for any 
                        fiscal year shall be available to eligible 
                        institutions described in subsection (a)(5) and 
                        shall be available for a competitive grant 
                        program to award grants of $600,000 annually 
                        for programs in any of the following areas:
                                    ``(I) Science, technology, 
                                engineering, or mathematics (STEM).
                                    ``(II) Health education.
                                    ``(III) Internationalization or 
                                globalization.
                                    ``(IV) Teacher preparation.
                                    ``(V) Improving educational 
                                outcomes of African-American males.
                            ``(ii) Excess funds.--The Secretary shall 
                        allot any amounts remaining from the amount 
                        made available for allocation under this 
                        subparagraph by subparagraph (A)(iii) for any 
                        fiscal year after grants are awarded under 
                        clause (i) to eligible institutions described 
                        in subsection (a)(5) for activities determined 
                        appropriate by the Secretary.''; and
                    (E) in subparagraph (E), as redesignated by 
                subparagraph (C), in the matter preceding clause (i), 
                by striking ``subparagraph (A)(iii)'' and inserting 
                ``subparagraph (A)(iv)''.

SEC. 3. ELIMINATION OF ACCOUNT MAINTENANCE FEES.

    Section 458(a)(4) of the Higher Education Act of 1965 (20 U.S.C. 
1087h(a)(4)) is amended by adding at the end the following: 
``Notwithstanding any other provision of this Act, the authority to 
obligate funds for account maintenance fees under this section shall 
expire at the end of fiscal year 2019.''.
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