[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3289 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 3289

     To exempt from the antitrust laws certain joint activities of 
                   institutions of higher education.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 14, 1993

  Mr. Towns introduced the following bill; which was referred to the 
                       Committee on the Judiciary

_______________________________________________________________________

                                 A BILL


 
     To exempt from the antitrust laws certain joint activities of 
                   institutions of higher education.

    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 ``College Financial Aid Protection Act 
of 1993''.

SEC. 2. EXEMPTION FROM THE ANTITRUST LAWS.

    It shall not be unlawful under the antitrust laws for two or more 
institutions of higher education to agree, or attempt to agree on--
            (1) all or part of the amount of financial assistance that 
        may be provided to an individual by any of such institutions, 
        or by the family of such individual, in connection with 
        enrolling in and attending any of such institutions,
            (2) a formula for determining such assistance,
            (3) any matter relating to requiring individuals who 
        receive financial assistance from any of such institutions to 
        engage in activities to obtain income to be expended to attend 
        any of such institutions,
            (4) student fees, or
            (5) communication among such institutions information 
        regarding--
                    (i) financial assistance provided, or to be 
                provided, to such individual, or
                    (ii) a plan, projection, or budget assumption 
                regarding future student fees.

SEC. 3. DEFINITION.

    For purposes of this Act--
            (1) the term ``antitrust laws'' has the meaning given it in 
        subsection (a) of the first section of the Clayton Act (15 
        U.S.C. 12(a)), except that such term includes section 5 of the 
        Federal Trade Commission Act to the extent that such section 
        applies to unfair methods of competition, and
            (2) the term ``institution of higher education'' has the 
        meaning given it in section 1201(a) of the Higher Education Act 
        of 1965 (20 U.S.C. 1141(a)).

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