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United States · Bill · S

S. 2268 (115th)

HBCU Capital Financing Improvement Act

referredUnited States· United States Congress· EN

Introduced

21 December 2017

Last action

21 December 2017 · Introduced

Status

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sponsors

Sen. Booker, Cory A. [D-NJ], Sen. Perdue, David [R-GA], Sen. Kaine, Tim [D-VA], Sen. Brown, Sherrod [D-OH], Sen. Harris, Kamala D. [D-CA], Sen. McCaskill, Claire [D-MO], Sen. Jones, Doug [D-AL]

Subjects

Transport, Education

Source updated

11 August 2025

Transport · Education

Summary

HBCU Capital Financing Improvement Act This bill amends the Higher Education Act of 1965 to modify the HBCU Capital Financing Program, which guarantees low-cost private loans to historically black colleges and universities (HBCUs) to finance infrastructure repairs, maintenance, and construction. It replaces statutory references to "escrow account" with "bond insurance fund." The bill authorizes the Department of Education to provide financial counseling that prepares an eligible HBCU to qualify for, apply for, and maintain a capital improvement loan. It revises and expands reporting requirements for the HBCU Capital Financing Advisory Board.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 21 December 2017

    Introduced

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

    Source: IntroReferral

  2. 21 December 2017

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 21 December 2017

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 21 December 2017

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 21 December 2017

    Open at official source

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Sponsors

Related records

Sources

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