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United States · Bill · HR

H.R. 4405 (118th)

Endowment Transparency Act

referredUnited States· United States Congress· EN

Introduced

30 June 2023

Last action

Status

Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Endowment Transparency Act 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.

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Documents

3 official files

Introduced in House (text)

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