3.0.0 6407 2020-02-10T16:50:31Z 2020-02-10T16:50:31Z House H HR 2012-09-13 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. TIERNEY:H.R. 6407.Congress has the power to enact this legislation pursuantto the following:The constitutional authority of Congress to enact thislegislation is provided by Article I, Section 8 of the UnitedStates Constitution.[Page H6000]]]> hsed00 Education and the Workforce Committee House Standing Referred to 2012-09-13T14:05:25Z 2012-09-13 Referred to the House Committee on Education and the Workforce. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2012-09-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2012-09-13 Introduced in House IntroReferral 1000 9 Library of Congress T000266 Rep. Tierney, John F. [D-MA-6] JOHN TIERNEY D MA F. 6 N M000725 Rep. Miller, George [D-CA-7] GEORGE MILLER D CA 7 2012-09-13 True Education Corporate finance and management Education programs funding Higher education Interest, dividends, interest rates Marketing and advertising Public participation and lobbying School administration Student aid and college costs Wages and earnings Education 00 2012-09-13 Introduced in House 2012-09-27T14:37:47Z College Student Rebate Act of 2012 - Amends the Higher Education Act of 1965 to require proprietary institutions of higher education that participate in title IV (Student Assistance) programs to: (1) spend at least 80% of their revenue each fiscal year on educational and related expenses, or (2) rebate to students the shortfall between what they spend for educational and related expenses and 80% of their revenue.

Directs the Secretary of Education to define "educational and related expenses," but excludes revenue spent for advertising and promotion, recruiting, lobbying, shareholder payments, and excessive administrative costs (including excessive executive compensation).

]]> College Student Rebate Act of 2012 Short Titles as Introduced College Student Rebate Act of 2012 Display Title College Student Rebate Act of 2012 Official Title as Introduced To ensure that students and taxpayers receive the full value of their education investments. Introduced in House 2012-09-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr6407ih/xml/BILLS-112hr6407ih.xml 2012-09-13 Referred to the House Committee on Education and the Workforce. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.