H.R. 10562
Students Not Profits Act of 2026
Sponsor: Pramila Jayapal
Official summary
No official summary yet.
Text of the bill
Section 487(a)(20) of the Higher Education Act of 1965 (20 U.S.C. 1094(a)(20)) is amended—
(1) by striking (20) The institution and inserting the following:
(20)
(A) The institution
; and
(2) by adding at the end the following:
(B) This paragraph shall apply to any payment—
(i) by an institution to an unaffiliated person or entity that provides a set of services that includes recruitment services; and
(ii) the amount of which is based on tuition generated for the institution by the services provided by such person or entity.