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119th CONGRESS
1st Session |
To amend the Higher Education Act of 1965 to require that any institution of higher education that is a nonprofit organization under section 501(c)(3) of the Internal Revenue Code be deemed a nonprofit institution of higher education for purposes of such Act.
Mr. Biggs of Arizona introduced the following bill; which was referred to the Committee on Education and Workforce
To amend the Higher Education Act of 1965 to require that any institution of higher education that is a nonprofit organization under section 501(c)(3) of the Internal Revenue Code be deemed a nonprofit institution of higher education for purposes of such Act.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “IHE Nonprofit Clarity Act”.
SEC. 2. Definition of nonprofit institution of higher education.
Section 103(13) of the Higher Education Act of 1965 (20 U.S.C. 1003(13)) is amended by inserting at the end the following: “Notwithstanding the preceding sentence, in the case of an institution of higher education that is an organization described in section 501(c)(3) of the Internal Revenue Code and exempt from taxation under section 501(a) of such Code, such institution of higher education shall be deemed to be a nonprofit institution of higher education for purposes of this Act.”.