S. 4348
IntroducedPARITY Act
Full text of the bill
Official source on Congress.gov ↗[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4348 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4348 To repeal the 90/10 rule as it pertains to proprietary schools under title IV of the Higher Education Act of 1965. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES April 20, 2026 Mr. Banks introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions _______________________________________________________________________ A BILL To repeal the 90/10 rule as it pertains to proprietary schools under title IV of the Higher Education Act of 1965. 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 ``Promoting Access and Revenue Integrity Through Institutional Transparency Act'' or the ``PARITY Act''. SEC. 2. REGULATORY RELIEF. Section 487 of the Higher Education Act of 1965 (20 U.S.C. 1094) is amended-- (1) in subsection (a), by repealing paragraph (24); and (2) by repealing subsection (d). <all>
Plain-language analysis
Not yet analyzed.
A plain-language breakdown — including any hidden or off-intent provisions and whether the bill was fast-tracked — is generated separately and reviewed before publishing. It will appear here once ready. Until then, the verbatim text above and the official source are the record.