United States · Bill · S
S. 2640 (116th)
Students Not Profits Act of 2019
Introduced
17 October 2019
Last action
17 October 2019 · Introduced
Status
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Sponsors
Sen. Brown, Sherrod [D-OH], Sen. Warren, Elizabeth [D-MA]
Subjects
Education
Source updated
5 December 2025
Summary
Students Not Profits Act of 2019 This bill makes certain institutions of higher education (IHEs) ineligible to receive federal financial student assistance. Specifically, the bill makes for-profit institutions of higher education ineligible to receive such assistance. The bill also makes ineligible any institution that has (1) filed for bankruptcy; (2) been convicted of, or pled nolo contendere or guilty to, a crime involving federal student aid; (3) committed fraud, substantial misrepresentation, or false certification involving federal student aid; or (4) executive officers who were previously employed at an institution receiving federal student aid that closed. Additionally, the bill establishes certain criteria that an IHE must meet to be eligible for conversion from a for-profit IHE to a nonprofit IHE. Before approving such conversion, the Department of Education must publish the application in the Federal Register for notice and comment.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
17 October 2019
Introduced
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Source: IntroReferral
17 October 2019
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 17 October 2019 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 17 October 2019
Introduced in Senate (PDF)
Introduced in Senate · EN · 17 October 2019
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Introduced in Senate
summary · EN · 17 October 2019
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Brown, Sherrod [D-OH] · D · Sponsor
- Sen. Warren, Elizabeth [D-MA] · D · Sponsor
- · sshr00 · Standing
Related records
- related to ← Students Not Profits Act of 2019
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/senate-bill/2640
- Open data entity: https://api.congress.gov/v3/bill/116/s/2640
- us · 116-s-2640 · source updated 5 December 2025