[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 4348 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
                                S. 4348

 To repeal the 90/10 rule as it pertains to proprietary schools under 
             title IV of the Higher Education Act of 1965.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             April 20, 2026

   Mr. Banks introduced the following bill; which was read twice and 
  referred to the Committee on Health, Education, Labor, and Pensions

_______________________________________________________________________

                                 A BILL


 
 To repeal the 90/10 rule as it pertains to proprietary schools 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 ``Promoting Access and Revenue 
Integrity Through Institutional Transparency Act'' or the ``PARITY 
Act''.

SEC. 2. REGULATORY RELIEF.

    Section 487 of the Higher Education Act of 1965 (20 U.S.C. 1094) is 
amended--
            (1) in subsection (a), by repealing paragraph (24); and
            (2) by repealing subsection (d).
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