[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 601 Introduced in House (IH)]

  1st Session
                                H. R. 601

To amend the Higher Education Act of 1965 to revise certain provisions 
             relating to audits of vocational institutions.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 20, 1995

  Mr. Frank of Massachusetts introduced the following bill; which was 
  referred to the Committee on Economic and Educational Opportunities

_______________________________________________________________________

                                 A BILL


 
To amend the Higher Education Act of 1965 to revise certain provisions 
             relating to audits of vocational institutions.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. FINANCIAL AND COMPLIANCE AUDITS.

    Section 487(c)(1)(A)(i) of the Higher Education Act of 1965 (20 
U.S.C. 1094(c)(1)(A)(i)) is amended by striking ``on at least an annual 
basis,'' and inserting ``at least once every 2 years''.
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