Need-Based Educational Aid Act of 2015

Bill: 114-s-1482
Sponsor: Sen. Grassley, Chuck [R-IA]
Introduced: 2015-06-02 in the Senate
Policy area: Commerce
Subjects: Competition and antitrust
Higher education
Student aid and college costs
Student records

Summary:
action_date: 2015-06-02
text: 

Need
-
Based
 
Educational
 
Aid Act of 2015

 
This bill amends the Improving America's Schools Act of 1994 to extend through FY2022 the antitrust exemption that allows institutions of higher education that admit all students on a need-blind basis to enter or attempt to enter into agreements among themselves regarding the administration of need-based financial aid.
 
The bill also, however, repeals the permission for these institutions to exchange through an independent third party, before awarding financial aid to any of the students, data submitted by the student, his or her family, or a financial institution on their behalf relating to assets, liabilities, income, expenses, the number of family members, and the number of the student's siblings in college, if each of the institutions is permitted to retrieve the data only once with respect to the student.

action_date: 2015-07-09
text: 
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
 

Need
-
Based
 
Educational
 
Aid Act of 2015

 
(Sec. 2) This bill amends the Improving America's Schools Act of 1994 to extend through FY2022 the antitrust exemption that allows institutions of higher education that admit all students on a need-blind basis to enter or attempt to enter into agreements among themselves regarding the administration of need-based financial aid.
 
The bill also, however, repeals the permission for these institutions to exchange through an independent third party, before awarding financial aid to any of the students, data submitted by the student, his or her family, or a financial institution on their behalf relating to assets, liabilities, income, expenses, the number of family members, and the number of the student's siblings in college, if each of the institutions is permitted to retrieve the data only once with respect to the student.

action_date: 2015-07-14
text: 
(This measure has not been amended since it was introduced. The expanded summary of the Senate reported version is repeated here.)
 

Need
-
Based
 
Educational
 
Aid Act of 2015

 
(Sec. 2) This bill amends the Improving America's Schools Act of 1994 to extend through FY2022 the antitrust exemption that allows institutions of higher education that admit all students on a need-blind basis to enter or attempt to enter into agreements among themselves regarding the administration of need-based financial aid.
 
The bill also, however, repeals the permission for these institutions to exchange through an independent third party, before awarding financial aid to any of the students, data submitted by the student, his or her family, or a financial institution on their behalf relating to assets, liabilities, income, expenses, the number of family members, and the number of the student's siblings in college, if each of the institutions is permitted to retrieve the data only once with respect to the student.

action_date: 2015-07-27
text: 
(This measure has not been amended since it was introduced. The expanded summary of the Senate reported version is repeated here.)
 

Need
-
Based
 
Educational
 
Aid Act of 2015

 
(Sec. 2) This bill amends the Improving America's Schools Act of 1994 to extend through FY2022 the antitrust exemption that allows institutions of higher education that admit all students on a need-blind basis to enter or attempt to enter into agreements among themselves regarding the administration of need-based financial aid.
 
The bill also, however, repeals the permission for these institutions to exchange through an independent third party, before awarding financial aid to any of the students, data submitted by the student, his or her family, or a financial institution on their behalf relating to assets, liabilities, income, expenses, the number of family members, and the number of the student's siblings in college, if each of the institutions is permitted to retrieve the data only once with respect to the student.

action_date: 2015-08-06
text: 
(This measure has not been amended since it was introduced. The expanded summary of the Senate reported version is repeated here.)
 

Need
-
Based
 
Educational
 
Aid Act of 2015

 
(Sec. 2) This bill amends the Improving America's Schools Act of 1994 to extend through FY2022 the antitrust exemption that allows institutions of higher education that admit all students on a need-blind basis to enter or attempt to enter into agreements among themselves regarding the administration of need-based financial aid.
 
The bill also, however, repeals the permission for these institutions to exchange through an independent third party, before awarding financial aid to any of the students, data submitted by the student, his or her family, or a financial institution on their behalf relating to assets, liabilities, income, expenses, the number of family members, and the number of the student's siblings in college, if each of the institutions is permitted to retrieve the data only once with respect to the student.


Legislative actions:
action_date: 2015-08-06
text: Became Public Law No: 114-44.
action_date: 2015-08-06
text: Became Public Law No: 114-44.
action_date: 2015-08-06
text: Signed by President.
action_date: 2015-08-06
text: Signed by President.
action_date: 2015-07-29
text: Presented to President.
action_date: 2015-07-29
text: Presented to President.
action_date: 2015-07-27
text: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 378 - 0 (Roll no. 467). (text: CR H5490)
action_date: 2015-07-27
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2015-07-27
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 378 - 0 (Roll no. 467).(text: CR H5490)
action_date: 2015-07-27
text: Considered as unfinished business. (consideration: CR H5510-5511)
action_date: 2015-07-27
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
action_date: 2015-07-27
text: DEBATE - The House proceeded with forty minutes of debate on S. 1482.
action_date: 2015-07-27
text: Considered under suspension of the rules. (consideration: CR H5490-5491)
action_date: 2015-07-27
text: Mr. Goodlatte moved to suspend the rules and pass the bill.
action_date: 2015-07-15
text: Held at the desk.
action_date: 2015-07-15
text: Received in the House.
action_date: 2015-07-15
text: Message on Senate action sent to the House.
action_date: 2015-07-14
text: Passed Senate without amendment by Unanimous Consent. (consideration: CR S5089-5090; text as passed Senate: CR S5089)
action_date: 2015-07-14
text: Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S5089-5090; text as passed Senate: CR S5089)
action_date: 2015-07-09
text: Placed on Senate Legislative Calendar under General Orders. Calendar No. 146.
action_date: 2015-07-09
text: Committee on the Judiciary. Reported by Senator Grassley without amendment. Without written report.
action_date: 2015-07-09
text: Committee on the Judiciary. Reported by Senator Grassley without amendment. Without written report.
action_date: 2015-07-09
text: Committee on the Judiciary. Ordered to be reported without amendment favorably.
action_date: 2015-06-02
text: Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S3459)
action_date: 2015-06-02
text: Introduced in Senate

Enacted as: number: 114-44