[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3447 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 3447

 To require proprietary institutions of higher education to derive not 
less than 10 percent of such institutions' revenues from sources other 
 than veterans' education benefits or funds provided under title IV of 
                   the Higher Education Act of 1965.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           November 16, 2011

 Mr. Quigley introduced the following bill; which was referred to the 
                Committee on Education and the Workforce

_______________________________________________________________________

                                 A BILL


 
 To require proprietary institutions of higher education to derive not 
less than 10 percent of such institutions' revenues from sources other 
 than veterans' education benefits or funds provided under title IV of 
                   the Higher Education Act of 1965.

    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 ``Veterans' Education Protection 
Act''.

SEC. 2. REVISION OF 90-10 RULE.

    (a) Revision of 90-10 Rule.--Section 487(a)(24) of the Higher 
Education Act of 1965 (20 U.S.C. 1094(a)(24)) is amended by inserting 
after ``other than'' the following: ``veterans' education benefits (as 
defined in section 480(c)) or''.
    (b) Conforming Amendment.--The heading for subsection (d) of 
section 487 of the Higher Education Act of 1965 (20 U.S.C. 1094(d)) is 
amended by inserting after ``Non-title IV'' the following: ``and Non-
Veterans' Education Benefits''.

SEC. 3. EFFECTIVE DATE.

    The amendment made by section 2 shall be effective July 1, 2012.
                                 <all>