[Congressional Record Volume 161, Number 50 (Wednesday, March 25, 2015)]
[Senate]
[Page S1928]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 792. Mr. BENNET submitted an amendment intended to be proposed by 
him to the concurrent resolution S. Con. Res. 11, setting forth the 
congressional budget for the United States Government for fiscal year 
2016 and setting forth the appropriate budgetary levels for fiscal 
years 2017 through 2025; which was ordered to lie on the table; as 
follows:

       At the appropriate place, insert the following:

     SEC. ___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO 
                   ESTABLISHING A NEW OUTCOME-BASED PROCESS FOR 
                   AUTHORIZING INNOVATIVE HIGHER EDUCATION 
                   PROVIDERS.

       The Chairman of the Committee on the Budget of the Senate 
     may revise the allocations of a committee or committees, 
     aggregates, and other appropriate levels in this resolution 
     for one or more bills, joint resolutions, amendments, 
     amendments between the Houses, motions, or conference reports 
     relating to promoting innovation in higher education, which 
     may include establishing a new outcome-based process for 
     authorizing innovative higher education providers to 
     participate in programs under title IV of the Higher 
     Education Act of 1965 (20 U.S.C. 1070 et seq.), by the 
     amounts provided in such legislation for those purposes, 
     provided that such legislation would not increase the deficit 
     over either the period of the total of fiscal years 2016 
     through 2020 or the period of the total of fiscal years 2016 
     through 2025.
                                 ______