118th Congress · SENATE BILLBILL

S. 2187Endowment Transparency Act

A bill to amend the Higher Education Act of 1965 to require annual reporting on assets of institutions of higher education.

Education
Introduced Jun 22, 2023
Last action Jun 22, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jun 22, 2023
Step 2
Referred
Jun 22, 2023
HELP
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill requires certain actions regarding institutions of higher education (IHEs) and the management of their assets. Specifically, the bill requires the Department of Education to annually update the College Navigator website with information on the assets of IHEs, including information about investments with minority- or women-owned firms. The bill also requires the Minority Business Development Agency to (1) report on recommended changes for substantially increasing the use of minority- or women-owned firms in the investment and bond transactions of IHEs, and (2) convene a conference every two years.

Provisions · 3 sectionsIntroduced in Senate
Timeline · 2 actions
Jun 22, 2023
Introduced in Senate
Jun 22, 2023
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.