[House Report 119-270]
[From the U.S. Government Publishing Office]


119th Congress }                                        { Rept. 119-270
                        HOUSE OF REPRESENTATIVES
 1st Session   }                                        {    Part 1

=======================================================================



 
             STUDENT COMPENSATION AND OPPORTUNITY THROUGH
                      RIGHTS AND ENDORSEMENTS ACT

                           ----------------
                                
 September 11, 2025.--Committed to the Committee of the Whole House on 
            the State of the Union and ordered to be printed

                           ----------------                               

         Mr. Guthrie, from the Committee on Energy and Commerce,
                        submitted the following


                              R E P O R T

                             together with

                             MINORITY VIEWS

                        [To accompany H.R. 4312]

      [Including cost estimate of the Congressional Budget Office]

    The Committee on Energy and Commerce, to whom was referred 
the bill (H.R. 4312) to protect the name, image, and likeness 
rights of student athletes and to promote fair competition with 
respect to intercollegiate athletics, and for other purposes, 
having considered the same, reports favorably thereon with an 
amendment and recommends that the bill as amended do pass.

                                CONTENTS

                                                                   Page
Purpose and Summary..............................................    11
Background and Need for Legislation..............................    11
Committee Action.................................................    13
Committee Votes..................................................    13
Oversight Findings and Recommendations...........................    16
New Budget Authority, Entitlement Authority, and Tax Expenditures    16
Congressional Budget Office Estimate.............................    16
Federal Mandates Statement.......................................    16
Statement of General Performance Goals and Objectives............    16
Duplication of Federal Programs..................................    16
Related Committee and Subcommittee Hearings......................    16
Committee Cost Estimate..........................................    17
Earmark, Limited Tax Benefits, and Limited Tariff Benefits.......    17
Advisory Committee Statement.....................................    17
Applicability to Legislative Branch..............................    17
Section-by-Section Analysis of the Legislation...................    17
Changes in Existing Law Made by the Bill, as Reported............    21
Minority, Additional, or Dissenting Views........................    68

    The amendment is as follows:
    Strike all after the enacting clause and insert the 
following:

SECTION 1. SHORT TITLE.

  This Act may be cited as the ``Student Compensation and Opportunity 
through Rights and Endorsements Act'' or the ``SCORE Act''.

SEC. 2. DEFINITIONS.

  In this Act:
          (1) Agent.--The term ``agent'' means an individual who 
        receives compensation to represent a student athlete with 
        respect to--
                  (A) a name, image, and likeness agreement; or
                  (B) another agreement for compensation related to the 
                participation of such student athlete on a varsity 
                sports team.
          (2) Antitrust laws.--The term ``antitrust laws'' has the 
        meaning given such term in the 1st section of the Clayton Act 
        (15 U.S.C. 12) and includes section 5 of the Federal Trade 
        Commission Act (15 U.S.C. 45) to the extent that such section 5 
        applies to unfair methods of competition.
          (3) Associated entity or individual.--The term ``associated 
        entity or individual'' means, with respect to an institution, 
        each of the following:
                  (A) An entity that is known or should be known to the 
                employees of the athletic department of such 
                institution to exist, in significant part, for the 
                purpose of--
                          (i) promoting or supporting the varsity 
                        sports teams or student athletes of such 
                        institution; or
                          (ii) creating or identifying opportunities 
                        relating to name, image, and likeness 
                        agreements solely for the student athletes of 
                        such institution.
                  (B) An individual who is or has been a member, 
                employee, director, officer, owner, or other 
                representative of an entity described in subparagraph 
                (A).
                  (C) An individual who directly or indirectly 
                (including through contributions by an entity 
                affiliated with such individual or an immediate family 
                member of such individual) has contributed more than 
                $50,000 (as adjusted on July 1 each year by the 
                percentage increase (if any), during the preceding 12-
                month period, in the Consumer Price Index for All Urban 
                Consumers published by the Bureau of Labor Statistics) 
                over the lifetime of the individual to the athletic 
                programs of such institution or to an entity described 
                in subparagraph (A).
                  (D) An individual or entity who--
                          (i) is directed or requested by the employees 
                        of the athletic department of such institution 
                        to assist in the recruitment or retention of 
                        prospective student athletes or student 
                        athletes, respectively; or
                          (ii) otherwise assists in such recruitment or 
                        retention.
                  (E) Any entity (other than a publicly traded 
                corporation) owned, controlled, operated by, or 
                otherwise affiliated with an individual or entity 
                described in subparagraph (A), (B), (C), or (D).
          (4) College sports revenue.--The term ``college sports 
        revenue'' means any revenue (without regard to ownership or 
        legal title to such revenue) received by an institution with 
        respect to intercollegiate athletics--
                  (A) from the sale of admission to intercollegiate 
                athletic competitions or any other event involving a 
                varsity sports team, including actual monetary revenue 
                received by or for the benefit of such institution for 
                a suite license (unless such suite license is 
                associated with philanthropy or any purpose not related 
                to intercollegiate athletic competitions, including a 
                concert);
                  (B) from participation by the varsity sports teams of 
                such institution in intercollegiate athletic 
                competitions held at other institutions, including 
                payments received due to cancellations of such 
                intercollegiate athletic competitions;
                  (C) for radio, television, internet, digital, and e-
                commerce rights, including revenue relating to media 
                rights distributed by a conference to members of the 
                conference, if applicable;
                  (D) from an interstate intercollegiate athletic 
                association, including any grant, distribution of 
                revenue, reimbursement relating to travel with respect 
                to a championship of such interstate intercollegiate 
                athletic association, and payment for hosting such a 
                championship;
                  (E) generated by a post-season football bowl, 
                including any distribution of revenue by a conference 
                to members of the conference and any other payment 
                related to the participation of such institution in 
                such post-season football bowl, including for ticket 
                sales and reimbursement of expenses;
                  (F) from a conference, other than any revenue 
                otherwise described in this paragraph;
                  (G) for sponsorships, licensing agreements, 
                advertisements, royalties, and in-kind products and 
                services as part of a sponsorship agreement; or
                  (H) relating to any additional form of revenue, 
                including fundraising, an interstate intercollegiate 
                athletic association uses with respect to the pool 
                limit of such interstate intercollegiate athletic 
                association.
          (5) Compensation.--The term ``compensation''--
                  (A) means, with respect to a student athlete or a 
                prospective student athlete, any form of payment or 
                remuneration, whether provided through cash, benefits, 
                awards, or any other means, including payments for--
                          (i) licenses relating to, or the use of, 
                        name, image, and likeness rights; or
                          (ii) licenses relating to, or the use of, any 
                        other Federal or State intellectual or 
                        intangible property right; and
                  (B) does not include--
                          (i) grants-in-aid;
                          (ii) Federal Pell Grants and other Federal or 
                        State grants unrelated to and not awarded with 
                        regard to participation in intercollegiate 
                        athletics;
                          (iii) health insurance and payments for the 
                        costs of health care, including health 
                        insurance and payments for the costs of health 
                        care wholly or partly self-funded by an 
                        institution, conference, or interstate 
                        intercollegiate athletic association;
                          (iv) disability and loss-of-value insurance, 
                        including disability and loss-of-value 
                        insurance that is wholly or partly self-funded 
                        by an institution, conference, or interstate 
                        intercollegiate athletic association;
                          (v) career counseling, job placement 
                        services, and other guidance available to all 
                        students at an institution;
                          (vi) payment of hourly wages and benefits for 
                        work actually performed (and not for 
                        participation in intercollegiate athletics) at 
                        a rate commensurate with the going rate in the 
                        locality of an institution for similar work;
                          (vii) academic awards paid to student 
                        athletes by institutions;
                          (viii) provision of financial literacy or tax 
                        education resources and guidance; or
                          (ix) any program to connect student athletes 
                        with employers and facilitate employment 
                        opportunities, if--
                                  (I) the financial terms of such 
                                employment opportunities are consistent 
                                with the terms offered to similarly 
                                situated employees who are not student 
                                athletes; and
                                  (II) such program is not used to 
                                induce a student athlete to attend a 
                                particular institution.
          (6) Conference.--The term ``conference'' means an entity 
        that--
                  (A) has as members 2 or more institutions;
                  (B) arranges regular season intercollegiate athletic 
                competitions and championships for such members; and
                  (C) sets rules with respect to such intercollegiate 
                athletic competitions and championships.
          (7) Cost of attendance.--The term ``cost of attendance'' has 
        the meaning given such term in section 472 of the Higher 
        Education Act of 1965 (20 U.S.C. 1087ll).
          (8) Grant-in-aid.--The term ``grant-in-aid'' means a 
        scholarship, grant, stipend, or other form of financial 
        assistance, including the provision of tuition, room, board, 
        books, or funds for fees or personal expenses, that--
                  (A) is paid or provided by an institution to a 
                student for the undergraduate or graduate course of 
                study of the student; and
                  (B) is in an amount that does not exceed the cost of 
                attendance at the institution for such student.
          (9) Image.--The term ``image'' means, with respect to a 
        student athlete, a picture or a video that identifies, is 
        linked to, or is reasonably linkable to such student athlete.
          (10) Institution.--The term ``institution'' has the meaning 
        given the term ``institution of higher education'' in section 
        102 of the Higher Education Act of 1965 (20 U.S.C. 1002).
          (11) Intercollegiate athletic competition.--The term 
        ``intercollegiate athletic competition'' means any contest, 
        game, meet, match, tournament, regatta, or other event in which 
        varsity sports teams of more than 1 institution compete.
          (12) Intercollegiate athletics.--The term ``intercollegiate 
        athletics''--
                  (A) means the varsity sports teams for which the 
                length of time a student athlete is eligible to 
                participate and the academic standards for 
                participation are established by a conference or an 
                interstate intercollegiate athletic association; and
                  (B) does not include any recreational, intramural, or 
                club teams.
          (13) Interstate intercollegiate athletic association.--The 
        term ``interstate intercollegiate athletic association'' 
        means--
                  (A) any entity that--
                          (i) sets common rules, standards, procedures, 
                        or guidelines for the administration and 
                        regulation of varsity sports teams and 
                        intercollegiate athletic competitions;
                          (ii) is composed of 2 or more institutions or 
                        conferences located in more than 1 State; and
                          (iii) has rules or bylaws prohibiting the 
                        provision of prohibited compensation to student 
                        athletes and prospective student athletes; and
                  (B) does not include any entity affiliated with 
                professional athletic competitions.
          (14) Likeness.--The term ``likeness'' means, with respect to 
        a student athlete, a physical or digital depiction or 
        representation that identifies, is linked to, or is reasonably 
        linkable to such student athlete.
          (15) Name.--The term ``name'' means, with respect to a 
        student athlete, the first, middle, or last name, or the 
        nickname or former name, of such student athlete if used in a 
        context that identifies, is linked to, or is reasonably 
        linkable to such student athlete.
          (16) Name, image, and likeness agreement.--The term ``name, 
        image, and likeness agreement'' means a contract or similar 
        agreement under which a student athlete licenses or authorizes, 
        or a contract or similar agreement that otherwise is in 
        relation to, the commercial use of the name, image, or likeness 
        of the student athlete.
          (17) Name, image, and likeness rights.--The term ``name, 
        image, and likeness rights'' means rights recognized under 
        Federal or State law that allow an individual to control and 
        profit from the commercial use of the name, image, and likeness 
        of such individual, including all rights commonly referred to 
        as ``publicity rights''.
          (18) Pool limit.--The term ``pool limit'' means a dollar 
        amount based on college sports revenue that--
                  (A) is calculated and published by an interstate 
                intercollegiate athletic association pursuant to the 
                rules the interstate intercollegiate athletic 
                association establishes under section 6; and
                  (B) serves as the annual maximum amount that an 
                institution that is a member of such interstate 
                intercollegiate athletic association may provide, in 
                total, to student athletes of such institution, 
                including in the form of a name, image, and likeness 
                agreement or direct payment.
          (19) Prohibited compensation.--The term ``prohibited 
        compensation'' means--
                  (A) compensation (including an agreement for 
                compensation) to a student athlete from an associated 
                entity or individual of the institution at which the 
                student athlete is enrolled (or to a prospective 
                student athlete from an associated entity or individual 
                of an institution for which the prospective student 
                athlete is being recruited) for any license or use of 
                the name, image, and likeness rights of such student 
                athlete or prospective student athlete (or any other 
                license or use), unless the license or use is for a 
                valid business purpose related to the promotion or 
                endorsement of goods or services provided to the 
                general public for profit, with compensation at rates 
                and terms commensurate with compensation paid to 
                individuals with name, image, and likeness rights of 
                comparable value who are not student athletes or 
                prospective student athletes with respect to such 
                institution; and
                  (B) compensation to a student athlete (or a 
                prospective student athlete) if such compensation is 
                paid by or on behalf of the institution at which the 
                student athlete is enrolled (or for which the 
                prospective student athlete is being recruited) and 
                results in the exceeding of the pool limit established 
                by the interstate intercollegiate athletic association 
                of which such institution is a member.
          (20) Prospective student athlete.--The term ``prospective 
        student athlete'' means an individual who is solicited to 
        enroll at an institution by, or at the direction of, an 
        employee or an associated entity or individual of the 
        institution in order for such individual to participate in a 
        varsity sports team of such institution.
          (21) State.--The term ``State'' means each State of the 
        United States, the District of Columbia, and each commonwealth, 
        territory, or possession of the United States.
          (22) Student athlete.--The term ``student athlete'' means an 
        individual who--
                  (A) is enrolled or has agreed to enroll at an 
                institution; and
                  (B) participates in a varsity sports team of such 
                institution.
          (23) Varsity sports team.--The term ``varsity sports team'' 
        means an entity composed of an individual or group of 
        individuals enrolled at an institution that is organized by 
        such institution for the purpose of participation in 
        intercollegiate athletic competitions.

SEC. 3. PROTECTION OF NAME, IMAGE, AND LIKENESS RIGHTS OF STUDENT 
           ATHLETES.

  (a) Right To Enter Into Name, Image, and Likeness Agreements.--
          (1) In general.--No institution, conference, or interstate 
        intercollegiate athletic association may restrict the ability 
        of a student athlete to enter into a name, image, and likeness 
        agreement.
          (2) Exceptions.--
                  (A) Prohibited compensation.--Paragraph (1) does not 
                apply with respect to a name, image, and likeness 
                agreement to the extent such agreement provides 
                prohibited compensation.
                  (B) Codes of conduct and conflicting agreements.--
                Notwithstanding paragraph (1), an institution may 
                restrict the ability of a student athlete of such 
                institution (including a prospective student athlete 
                who has agreed to attend such institution) to enter 
                into a name, image, and likeness agreement that--
                          (i) violates the code of conduct of such 
                        institution; or
                          (ii) conflicts with the terms of a contract 
                        or similar agreement to which such institution 
                        is a party.
  (b) Right to Representation.--Except as provided by this Act, no 
institution, conference, or interstate intercollegiate athletic 
association may restrict the ability of a student athlete to obtain an 
agent.
  (c) Right to Privacy.--Except as provided by this Act, no 
institution, conference, or interstate intercollegiate athletic 
association may release information with respect to a name, image, and 
likeness agreement without the express written consent of any student 
athlete who is a party to such agreement.
  (d) Right to Transparent Agreements.--A name, image, and likeness 
agreement under which a student athlete is provided compensation in an 
amount greater than $600 shall be considered void from the inception of 
such agreement if such agreement does not satisfy the following:
          (1) The agreement is in writing.
          (2) The agreement contains the following:
                  (A) A description of any services to be rendered 
                under the agreement.
                  (B) The names of the parties to the agreement.
                  (C) The term of the agreement.
                  (D) The amount of compensation to be provided to the 
                student athlete under the agreement.
                  (E) A provision specifying the circumstances or 
                events under which the agreement may be terminated due 
                to non-performance of obligations by the student 
                athlete.
                  (F) A provision specifying that the student athlete 
                may terminate the agreement, notwithstanding any other 
                term described in the agreement, beginning on the date 
                that is 6 months after the date on which the student 
                athlete is no longer enrolled at any institution.
                  (G) The signature of the student athlete or, if the 
                student athlete is under the age of 18 years, the 
                signature of the parent or guardian of the student 
                athlete.
  (e) Actions by States.--In any case in which the attorney general of 
a State, or an official or agency of a State, has reason to believe 
that an interest of the residents of such State has been or is 
threatened or adversely affected by an act or practice in violation of 
this section, the State, as parens patriae, may bring a civil action on 
behalf of the residents of the State in an appropriate State court or 
an appropriate district court of the United States to--
          (1) enjoin such act or practice;
          (2) enforce compliance with this section;
          (3) obtain damages, restitution, or other compensation on 
        behalf of residents of the State; or
          (4) obtain such other legal and equitable relief as the court 
        may consider to be appropriate.

SEC. 4. SPORTS AGENT RESPONSIBILITY AND TRUST ACT.

  The Sports Agent Responsibility and Trust Act (15 U.S.C. 7801 et 
seq.) is amended--
          (1) in section 3(a)--
                  (A) by redesignating paragraphs (2) and (3) as 
                paragraphs (4) and (5), respectively; and
                  (B) by inserting after paragraph (1) the following:
          ``(2) charge a student athlete a fee with respect to an 
        endorsement contract that is in an amount that is greater than 
        5 percent of the amount of the compensation provided to such 
        student athlete under such contract;
          ``(3) enter into an agency contract with a student athlete 
        that does not include a provision specifying that the student 
        athlete may terminate the agency contract, notwithstanding any 
        other term described in the agency contract, beginning on the 
        date that is 6 months after the date on which the student 
        athlete is no longer enrolled at any institution (as defined in 
        section 2 of the SCORE Act);'';
          (2) in section 3(b)(3), by striking ``Warning to Student 
        Athlete: If you agree orally or in writing to be represented by 
        an agent now or in the future you may lose your eligibility to 
        compete as a student athlete in your sport.'' and inserting 
        ``Notice to Student Athlete:''; and
          (3) by adding at the end the following:

``SEC. 9. DISCLOSURE AND CONSENT RELATING TO NAME, IMAGE, AND LIKENESS 
             AGREEMENTS.

  ``(a) In General.--An athlete agent who assists a student athlete 
with an endorsement contract shall disclose in writing to the student 
athlete--
          ``(1) whether the athlete agent is registered with an 
        interstate intercollegiate athletic association (as defined in 
        section 2 of the SCORE Act); and
          ``(2) if the athlete agent is registered with an interstate 
        intercollegiate athletic association, whether the athlete agent 
        is registered with the interstate intercollegiate athletic 
        association that has as a member the institution (as defined in 
        section 2 of the SCORE Act) at which the student athlete is 
        enrolled.
  ``(b) Consent.--In the case of an athlete agent who is not registered 
with an interstate intercollegiate athletic association, the athlete 
agent may only assist a student athlete with an endorsement contract if 
the student athlete (or, in the case of a student athlete who is under 
18 years of age, the parent or guardian of the student athlete) 
provides to the athlete agent written consent for such assistance after 
receiving the disclosure under subsection (a).
  ``(c) Enforcement.--
          ``(1) In general.--If an attorney general of a State has 
        reason to believe that an interest of the residents of that 
        State has been or is threatened or adversely affected by the 
        engagement of any athlete agent in a practice that violates 
        this section, the attorney general may bring a civil action 
        pursuant to section 5 in the same manner as the attorney 
        general may bring a civil action with respect to a violation of 
        section 3.
          ``(2) Sole authority.--No individual or entity other than an 
        attorney general of a State may enforce this section.
          ``(3) No federal notice necessary.--Subsections (a)(2), (b), 
        and (d) of section 5 do not apply to an action brought by an 
        attorney general of a State pursuant to this subsection.''.

SEC. 5. REQUIREMENTS APPLICABLE TO CERTAIN INSTITUTIONS.

  (a) Requirements.--An institution described in subsection (c) shall--
          (1) provide comprehensive academic support and career 
        counseling services to student athletes that include life 
        skills development programs with respect to--
                  (A) mental health, including alcohol and substance 
                abuse;
                  (B) strength and conditioning;
                  (C) nutrition;
                  (D) name, image, and likeness rights, including 
                related legal advice;
                  (E) financial literacy, including taxes;
                  (F) career readiness and counseling;
                  (G) the process for transferring between 
                institutions; and
                  (H) sexual violence prevention;
          (2) provide medical and health benefits to student athletes 
        that include--
                  (A) medical care, including payment of out-of-pocket 
                expenses, for an injury of a student athlete incurred 
                during the involvement of such student athlete in 
                intercollegiate athletics for such institution that is 
                available to the student athlete during the period of 
                enrollment of the student athlete with such institution 
                and a period of at least 3 years following graduation 
                or separation from such institution (unless such 
                separation is due to violation of a code of conduct);
                  (B) mental health services and support, including 
                mental health educational materials and resources;
                  (C) an administrative structure that provides 
                independent medical care, including with respect to 
                decisions regarding return to play; and
                  (D) a certification of insurance coverage for medical 
                expenses resulting from injuries of student athletes 
                incurred during the involvement of such student 
                athletes in intercollegiate athletics for such 
                institution;
          (3) maintain a grant-in-aid provided to a student athlete in 
        relation to the involvement of such student athlete in 
        intercollegiate athletics during the period of that grant-in-
        aid for such institution without regard to--
                  (A) athletic performance;
                  (B) contribution to team success;
                  (C) injury, illness, or physical or mental condition; 
                or
                  (D) receipt of compensation pursuant to a name, 
                image, and likeness agreement;
          (4) provide a degree completion program--
                  (A) for each former student athlete of such 
                institution who received a grant-in-aid from such 
                institution and did not graduate from such institution; 
                and
                  (B) that provides financial aid to such former 
                student athlete in an amount that is based on the 
                average annual grant-in-aid provided to such former 
                student athlete during the period that such former 
                student athlete participated on a varsity sports team 
                of the institution; and
          (5) establish, not later than July 1, 2027, and thereafter 
        maintain, at least 16 varsity sports teams.
  (b) Collaboration.--An institution may carry out subsection (a) in 
conjunction with a conference or interstate intercollegiate athletic 
association.
  (c) Applicability.--An institution is described in this subsection if 
any member of the coaching staff of a varsity sports team of such 
institution earns more than $250,000 in base salary annually (as 
adjusted on July 1 each year by the percentage increase (if any), 
during the preceding 12-month period, in the Consumer Price Index for 
All Urban Consumers published by the Bureau of Labor Statistics).

SEC. 6. ROLES OF INTERSTATE INTERCOLLEGIATE ATHLETIC ASSOCIATIONS.

  (a) Authority to Establish Rules.--An interstate intercollegiate 
athletic association is authorized to establish and enforce rules with 
respect to--
          (1) requiring a student athlete or prospective student 
        athlete to disclose, in a timely manner, the terms of a name, 
        image, and likeness agreement entered into by such student 
        athlete;
          (2) establishing and implementing a process to collect and 
        publicly share aggregated and anonymized data related to the 
        name, image, and likeness agreements of student athletes 
        (without regard to whether such an agreement includes an 
        institution as a party to the agreement);
          (3) prohibited compensation, including processes for dispute 
        resolution and penalties, if such rules provide that a student 
        athlete does not lose eligibility to compete in intercollegiate 
        athletic competitions while a process for dispute resolution is 
        ongoing;
          (4) setting parameters for the manner in which and the time 
        period during which student athletes and prospective student 
        athletes may be recruited for intercollegiate athletics;
          (5) calculating a pool limit, if such rules provide that such 
        pool limit is at least 22 percent of the average annual college 
        sports revenue of the 70 highest earning (with respect to such 
        revenue) member institutions of such interstate intercollegiate 
        athletic association (or, if such interstate intercollegiate 
        athletic association has fewer than 70 members, the average 
        annual college sports revenue of all members), and monitoring 
        payments of compensation related to such pool limit;
          (6) setting parameters for the manner in which a student 
        athlete may transfer between institutions, if such rules 
        provide that--
                  (A) on at least 1 occasion each student athlete may 
                transfer between institutions and be immediately 
                eligible to participate on a varsity sports team of the 
                institution to which the student athlete transfers (if 
                academically eligible to participate); and
                  (B) an institution to which a student athlete is 
                transferring or is considering transferring shall 
                provide to such student athlete, at the request of such 
                student athlete, in writing and at a reasonable time 
                prior to completion of the transfer, a notice of the 
                previously earned academic credits of such student 
                athlete that such institution will accept, including 
                with respect to the program of study of such student 
                athlete;
          (7) the length of time a student athlete is eligible to 
        participate in intercollegiate athletics and the academic 
        standards to be eligible to participate in intercollegiate 
        athletics;
          (8) establishing and implementing a process, including a 
        database, with respect to agent registration, including--
                  (A) setting qualifications to be registered as an 
                agent;
                  (B) setting parameters for the ability of member 
                institutions to negotiate with agents who are not 
                registered under such process; and
                  (C) limiting the amount of the compensation under a 
                name, image, and likeness agreement between a student 
                athlete and an institution that may be provided to the 
                agent of such student athlete to not more than 5 
                percent of such compensation;
          (9) the membership of, and participation in, such interstate 
        intercollegiate athletic association (including any 
        championships administered by such interstate intercollegiate 
        athletic association), under which such interstate 
        intercollegiate athletic association may establish membership 
        qualifications, remove members, and otherwise regulate 
        participation; and
          (10) intercollegiate athletic competitions and playing 
        seasons, including rules with respect to season length, maximum 
        number of contests, and student athlete time demands (whether 
        during a playing season or outside of such season).
  (b) Requirements.--
          (1) Authority conditioned on compliance.--An interstate 
        intercollegiate athletic association is only authorized to 
        establish and enforce rules under subsection (a) if such 
        interstate intercollegiate athletic association is in 
        compliance with this subsection and section 3.
          (2) Governance structure.--An interstate intercollegiate 
        athletic association (except for an interstate intercollegiate 
        athletic association that is also a conference) shall carry out 
        the following:
                  (A) Ensure that the membership of any board, 
                committee, or other similar body of such interstate 
                intercollegiate athletic association, if tasked with a 
                decision-making role (including a decision-making role 
                with respect to establishing or enforcing a rule under 
                section 6(a)), satisfies the following:
                          (i) Not less than 20 percent of the members 
                        of the board, committee, or body are 
                        individuals who are student athletes or were 
                        student athletes at any point during the 
                        preceding 10-year period, with--
                                  (I) men and women equally represented 
                                with respect to such individuals; and
                                  (II) each such individual 
                                participating in or having participated 
                                in a different sport.
                          (ii) Not less than 30 percent of the members 
                        of the board, committee, or body represent 
                        institutions that are not among the 70 highest 
                        earning member institutions of such interstate 
                        intercollegiate athletic association with 
                        respect to annual college sports revenue.
                  (B) Establish a council to serve as the primary 
                deliberative body of the interstate intercollegiate 
                athletic association and that is--
                          (i) responsible for developing proposals with 
                        respect to policy; and
                          (ii) composed of individuals who represent 
                        each conference that is a member of such 
                        interstate intercollegiate athletic 
                        association.

SEC. 7. LIABILITY LIMITATION.

  (a) In General.--Adoption of, agreement to, compliance with, or 
enforcement of any rule, regulation, requirement, standard, or other 
provision established pursuant to, or in compliance with, section 6 of 
this Act shall be treated as lawful under the antitrust laws and any 
similar State provision having the force and effect of law.
  (b) Rule of Construction.--Nothing in subsection (a) may be construed 
to limit or otherwise affect any provision of law, including any 
provision of Federal or State law or the common law, other than the 
antitrust laws and any similar State provision having the force and 
effect of law.

SEC. 8. EMPLOYMENT STANDING.

  Notwithstanding any other provision of Federal or State law, no 
individual may be considered an employee of an institution, a 
conference, or an interstate intercollegiate athletic association based 
on the participation of such individual on a varsity sports team or in 
an intercollegiate athletic competition as a student athlete, without 
regard to the existence of rules or requirements for being a member of 
such team or for participating in such competition.

SEC. 9. STUDENT ATHLETIC FEES.

  (a) Transparency Requirements.--
          (1) Information dissemination activities.--Section 
        485(a)(1)(E) of the Higher Education Act of 1965 (20 U.S.C. 
        1092(a)(1)(E)) is amended by inserting ``(including the amount 
        of such fees used to support intercollegiate athletic 
        programs)'' after ``and fees''.
          (2) Data required.--
                  (A) In general.--Section 485(g) of the Higher 
                Education Act of 1965 (20 U.S.C. 1092(g)) is amended--
                          (i) in paragraph (1), by adding at the end 
                        the following:
                  ``(K) With respect to fees charged to students to 
                support intercollegiate athletic programs--
                          ``(i) the total amount of such fees charged 
                        to students;
                          ``(ii) the uses of such fees with respect to 
                        facilities, operating expenses, scholarships, 
                        payments to athletes, salaries of coaches and 
                        support staff, and any other expenses reported 
                        under this paragraph; and
                          ``(iii) the percentage of the total cost of 
                        such programs covered by such fees.''; and
                          (ii) in paragraph (3)--
                                  (I) by striking the period at the end 
                                and inserting ``; and'';
                                  (II) by striking ``that all 
                                students'' and inserting the following: 
                                ``that--
                  ``(A) all students''; and
                                  (III) by adding at the end the 
                                following:
                  ``(B) with respect to the information described in 
                paragraph (1)(K), the institution shall annually 
                publish such information on a publicly available 
                website of the institution not later than October 15 
                following the end of each fiscal year of the 
                institution.''.
                  (B) Effective date.--The amendments made by 
                subparagraph (A) shall take effect and apply beginning 
                on July 1, 2026.
  (b) Restricting Student Fees for High-Media-Rights-Revenue 
Institutions.--
          (1) Media rights revenues.--Section 485(g)(1)(I)(ii) of the 
        Higher Education Act of 1965 (20 U.S.C. 1092(a)(1)(I)(ii)) is 
        amended by striking ``broadcast revenues'' and inserting 
        ``media rights revenues (including revenues from broadcasting, 
        streaming, or digital distribution of intercollegiate athletic 
        events)''.
          (2) Program participation agreements.--Section 487(a) of the 
        Higher Education Act of 1965 (20 U.S.C. 1094(a)) is amended by 
        adding at the end the following:
          ``(30) In the case of an institution that, for the most 
        recently completed fiscal year, had annual media rights 
        revenues (as described in section 485(g)(1)(I)(ii)) of 
        $50,000,000 or more, the institution will not, for the fiscal 
        year immediately following such fiscal year, use student fees 
        to support intercollegiate athletic programs, including with 
        respect to facilities, operating expenses (as defined in 
        section 485(g)), scholarships, payments to athletes, salaries 
        of coaches and support staff, and any other expenses reported 
        under section 485(g)(1).''.
          (3) Effective date.--The amendments made by this subsection 
        shall take effect and apply beginning on July 1, 2026.

SEC. 10. PREEMPTION.

  (a) In General.--No State, or political subdivision of a State, may 
maintain, enforce, prescribe, or continue in effect any law, rule, 
regulation, requirement, standard, or other provision having the force 
and effect of law that conflicts with this Act, including the 
amendments made by this Act, and that--
          (1) governs or regulates the compensation, payment, benefits, 
        or employment status of a student athlete (including a 
        prospective student athlete) with respect to participation in 
        intercollegiate athletics, including any law, rule, regulation, 
        requirement, standard, or other provision that--
                  (A) relates to the right of a student athlete to 
                receive compensation or other payments or benefits 
                directly or indirectly from any institution, associated 
                entity or individual, conference, or interstate 
                intercollegiate athletic association; or
                  (B) relates to the length of time a student athlete 
                is eligible to participate in intercollegiate athletics 
                or the academic standards to be eligible to participate 
                in intercollegiate athletics;
          (2) limits or restricts a right provided to an institution, a 
        conference, or an interstate intercollegiate athletic 
        association under this Act; or
          (3) requires a release of or license to use the name, image, 
        and likeness rights of any individual participant, or group of 
        participants, in an intercollegiate athletic competition (or an 
        individual spectator or group of spectators at an 
        intercollegiate athletic competition) for purposes of audio-
        visual, audio, or visual broadcasts or other distributions of 
        such intercollegiate athletic competition.
  (b) Rule of Construction.--Nothing in subsection (a) may be construed 
to--
          (1) relieve any person of liability under a State law of 
        general applicability that does not conflict with this Act, 
        including the amendments made by this Act; or
          (2) relieve any person of liability under common law.

SEC. 11. REPORTS.

  (a) Federal Trade Commission Study.--
          (1) Study.--The Federal Trade Commission shall conduct a 
        study to analyze the impacts of establishing a program, 
        administered by an entity independent of any institution, 
        conference, or interstate intercollegiate athletic association, 
        to develop standards for, certify as compliant with such 
        standards, and otherwise regulate agents who enter into 
        agreements with student athletes, which shall include an 
        analysis of--
                  (A) options for establishing such a program;
                  (B) potential sources of funding for such a program;
                  (C) a reasonable timeline for establishing such a 
                program; and
                  (D) the costs and benefits associated with such a 
                program.
          (2) Report.--Not later than 1 year after the date of the 
        enactment of this Act, the Federal Trade Commission shall 
        submit to Congress a report on the results of the study 
        conducted under paragraph (1), which shall include legislative 
        recommendations with respect to the establishment and funding 
        of the program described in such paragraph.
  (b) Compliance Reporting.--
          (1) Biennial report.--Not later than 180 days after the date 
        of the enactment of this Act, and every 2 years thereafter, 
        each interstate intercollegiate athletic association shall 
        submit to Congress a report that includes--
                  (A) a summary of the issues faced by such interstate 
                intercollegiate athletic association relating to 
                compliance with this Act, including the amendments made 
                by this Act;
                  (B) a summary of the trends among institutions, 
                conferences, and interstate intercollegiate athletic 
                associations relating to such compliance; and
                  (C) recommendations to improve the health, safety, 
                and educational opportunities of student athletes.
          (2) Comptroller general report.--Not later than 5 years after 
        the date of the enactment of this Act, and every 5 years 
        thereafter, the Comptroller General of the United States 
        shall--
                  (A) conduct an investigation with respect to 
                compliance with this Act, including the amendments made 
                by this Act; and
                  (B) submit to Congress a report that includes--
                          (i) a summary of the findings of the 
                        investigation conducted under subparagraph (A); 
                        and
                          (ii) recommendations to improve the health, 
                        safety, and educational opportunities of 
                        student athletes.
  (c) Study on Olympic Sports.--
          (1) In general.--The Comptroller General of the United States 
        shall conduct a study--
                  (A) to assess the impact of this Act on Olympic 
                Sports, including the funding of Olympic Sports; and
                  (B) to develop recommendations for support of Olympic 
                Sports, given the unique nature of Olympic Sports and 
                intercollegiate athletics in the United States.
          (2) Contents.--The study conducted under paragraph (1) shall 
        include--
                  (A) a survey of international models of support for 
                Olympic Sports, including models that could be adapted 
                to the unique nature of Olympic Sports and 
                intercollegiate athletics in the United States;
                  (B) the projected scale and magnitude of potential 
                support for Olympic Sports, given historic levels of 
                support provided by institutions;
                  (C) the coordination required to develop and 
                cultivate Olympic Sports at institutions; and
                  (D) an analysis of the trends with respect to roster 
                sizes for Olympic Sports at institutions, with a focus 
                on the top 70 highest earning institutions with respect 
                to average annual college sports revenue.
          (3) Report.--Not later than 2 years after the date of the 
        enactment of this Act, the Comptroller General of the United 
        States shall submit to Congress a report on the results of the 
        study conducted under paragraph (1).
          (4) Olympic sports defined.--In this subsection, the term 
        ``Olympic Sports'' means the sports officially recognized and 
        contested during the Summer and Winter Olympic Games.

                          Purpose and Summary

    H.R. 4312 establishes a federal framework governing Name, 
Image, and Likeness (NIL) rights for college student-athletes. 
It defines key terms used throughout the legislation, including 
associated entity or individual, college sports revenue, 
Interstate Intercollegiate Athletic Associations (IIAA), pool 
limit, and prohibited compensation. It affirms the rights of 
student-athletes to enter into NIL agreements, including the 
right to representation, privacy, and transparent agreements. 
The bill prohibits colleges, conferences, and IIAAs from 
restricting those rights or penalizing athletes for engaging in 
NIL deals which are to be enforced by State Attorney's General.
    H.R. 4312 modifies the Sports Agent Responsibility and 
Trust Act (SPARTA) to reflect the new NIL environment. It 
requires agents involved in NIL deals to disclose if they are 
registered with an IIAA and caps agent fees at five percent. 
The bill also removes outdated provisions in SPARTA related to 
eligibility risk when hiring agents.
    The legislation codifies benefits such as continued access 
to medical coverage, academic support services, and scholarship 
protections. It authorizes IIAAs to establish and enforce rules 
related to collecting and sharing NIL data, prohibited 
compensation, recruitment of student athletes, the revenue 
sharing pool limit, transferring between schools, student-
athlete eligibility, and competition and championship 
management.
    Further, the legislation includes limits on liability 
conditioned on compliance with Section 6 of the Act. The bill 
requires IIAAs to have a governance structure to include 
student athletes. H.R. 4312 affirms student-athletes are 
student-athletes, and the bill clarifies employment-related 
obligations for academic institutions under state and federal 
labor laws. The legislation requires public reporting of the 
use of student fees to fund athletic programs and prohibits 
top-revenue programs from using student fees to cover 
intercollegiate athletics costs. Additionally, it preempts any 
state or local laws that conflict with the Act. Finally, the 
H.R. 4312 requires studies and reports, including a Federal 
Trade Commission study on a potential independent agent 
certification program, regular compliance reports from IIAAs 
and the Comptroller General, and a separate Comptroller General 
study on the bill's impact on Olympic sports.

                  Background and Need for Legislation

    The adoption of Name, Image, and Likeness (NIL) rights for 
collegiate athletes has fundamentally altered the landscape of 
college sports by enabling student-athletes to profit from 
their personal brands. While there is widespread support for 
this long overdue change, the current system--characterized by 
rapid implementation, lack of transparency, and inconsistent 
regulation--lacks long-term viability.\1\
---------------------------------------------------------------------------
    \1\Sportse Media, NIL Is a Bad: How the Current System Is Failing 
College Sports, SportsEpreneur (May 18, 2025), https://
sportsepreneur.com/nil-is-bad-system-failing-college-sports/.
---------------------------------------------------------------------------
    For years, the National Collegiate Athletic Association 
(NCAA) had strict amateurism rules prohibiting student-athletes 
from profiting off of the commercialization of their NIL.\2\ 
Beginning on July 1, 2021, the NCAA allowed student-athletes to 
profit from commercial use of their NIL, and permitted schools 
and conferences to establish their own NIL policies, provided 
they adhere to state laws.\3\ This shift followed several court 
decisions related to NCAA antitrust violations.\4\ Since the 
rule change, over 30 different state NIL laws have gone into 
effect.\5\
---------------------------------------------------------------------------
    \2\See NCAA, Nat'l Collegiate Athletic Ass'n Const., Art. 1.3.1, in 
2002-03 NCAA Division I Manual (2002).
    \3\NCAA Media Center, NCAA adopts interim name, image and likeness 
policy, NCAA, (June 30, 2021, at 16:20 ET), https://www.ncaa.org/news/
2021/6/30/ncaa-adopts-interim-name-image-and-likeness-policy.aspx.
    \4\Claire Haws, The Death of Amateurism in the NCAA: How the NCAA 
Can Survive the New Economic Reality of College Sports, Michigan 
Business & Entrepreneurial L. Rev., Vol. 11, Iss. 2, (2022), https://
repository.law.umich.edu/cgi/
viewcontent.cgi?article=1132&context=mbelr.
    \5\Troutman Pepper Locke, State and Federal Legislation Tracker 
(last updated May 5, 2025), https://www.troutman.com/state-and-federal-
nil-legislation-tracker.html.
---------------------------------------------------------------------------
    After years of legal battles on antitrust grounds, a 
historic settlement was reached between the NCAA, the power 
conferences, and former college athletes on June 6, 2025.\6\ 
The $2.8 billion agreement in House v. NCAA allows Division I 
schools to directly compensate athletes starting July 1, 2025, 
effectively ending the NCAA's amateurism model.\7\ While the 
settlement provides retroactive payments and a new compensation 
structure, it also introduces legal and operational 
uncertainties that have intensified calls for federal 
regulation.
---------------------------------------------------------------------------
    \6\Ross Dellenger, NCAA's House Settlement Approved, Ushering in 
New Era Where Schools Can Directly Pay Athletes, Yahoo! Sports, (June 
6, 2025), https://sports.yahoo.com/college-football/article/ncaas-
house-settlement-approved-ushering-in-new-era-where-schools-can-
directly-pay-athletes-011814078.html.
    \7\Id.
---------------------------------------------------------------------------
    The rapidly evolving NIL landscape, combined with the 
absence of consistent and enforceable rules around athlete 
eligibility and the transfer portal, has intensified recruiting 
battles and led to a surge in student-athlete transfers. 
Meanwhile, the rise of donor-funded collectives and increased 
booster involvement has normalized pay-for-play arrangements, 
raising serious concerns about academic integrity and the 
erosion of amateurism in college sports. With the 2025 
settlement allowing institutions to directly compensate student 
athletes, whether student-athletes should be classified as 
employees is a pivotal question. Classifying student-athletes 
as employees, however, would likely place enormous financial 
burdens on college athletic departments and create additional 
legal uncertainty, possibly forcing schools to cut programs and 
reduce opportunities for student-athletes nationwide.\8\
---------------------------------------------------------------------------
    \8\Nick Tremps, The Memorandum heard Around the College Athletics 
World: Why Student-Athletes in Non-Revenue-Generating Sports Should not 
Enjoy the Status of ``Employee'' Under the NLRA, 14 Wake Forest L. Rev. 
Online 47, 47-68 (Apr. 1, 2025), https://www.wakeforestlawreview.com/
2024/04/the-memorandum-heard-around-the-college-athletics-world-why-
student-athletes-in-non-revenue-generating-sports-should-not-enjoy-the-
status-of-employee-under-the-nlra/.
---------------------------------------------------------------------------

                            Committee Action

    On March 4, 2025, the Subcommittee on Commerce, 
Manufacturing, and Trade held a hearing on name, image and 
likeness issues in college sports. The title of the hearing 
was, ``Moving the Goalposts: How NIL is Reshaping College 
Athletics.'' The Subcommittee received testimony from:
           Shane Beamer, Head Football Coach, 
        University of South Carolina;
           Josh Whitman, Director of Athletics, 
        University of Illinois;
           Emily Cole, All-American Track Athlete, Duke 
        University '24;
           Anthony Egbo Jr., Football Athlete, Abilene 
        Christian University '24;
           Justin Falcinelli, Former College Athlete, 
        Clemson Football, and Vice President, College Football 
        Players Association.
    On June 12, 2025, the Subcommittee on Commerce, 
Manufacturing, and Trade held a legislative hearing on a 
discussion draft of H.R. 4312. The title of the hearing was, 
``Winning Off the Field: Legislative Proposal to Stabilize NIL 
and College Athletics.'' The Subcommittee received testimony 
from:
           William King, Associate Commissioner/Legal 
        Affairs Compliance, Southeastern Conference;
           Sherika Montgomery, Commissioner, Big South 
        Conference;
           Ashley Cozad, Swimming Student Athlete and 
        Division I SAAC Chair, University of North Florida '24;
           Ramogi Huma, Executive Director, National 
        College Players Association.
    On July 15, 2025, the Subcommittee on Commerce, 
Manufacturing, and Trade met in open markup session and 
forwarded H.R. 4312, without amendment, to the full Committee 
by a record vote of 12 yeas and 11 nays.
    On July 23, 2025, the full Committee on Energy and Commerce 
met in open markup session and ordered H.R. 4312, as amended, 
favorably reported to the House by a record vote of 30 yeas and 
23 nays.

                            Committee Votes

    Clause 3(b) of rule XIII requires the Committee to list the 
record votes on the motion to report legislation and amendments 
thereto. The following reflects the record votes taken during 
the Committee consideration:

[GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT]

                 Oversight Findings and Recommendations

    Pursuant to clause 2(b)(1) of rule X and clause 3(c)(1) of 
rule XIII, the Committee held hearings and made findings that 
are reflected in this report.

   New Budget Authority, Entitlement Authority, and Tax Expenditures

    Pursuant to clause 3(c)(2) of rule XIII, the Committee 
finds that H.R. 4312 would result in no new or increased budget 
authority, entitlement authority, or tax expenditures or 
revenues.

                  Congressional Budget Office Estimate

    Pursuant to clause 3(c)(3) of rule XIII, at the time this 
report was filed, the cost estimate prepared by the Director of 
the Congressional Budget Office pursuant to section 402 of the 
Congressional Budget Act of 1974 was not available.

                       Federal Mandates Statement

    The Committee adopts as its own the estimate of Federal 
mandates prepared by the Director of the Congressional Budget 
Office pursuant to section 423 of the Unfunded Mandates Reform 
Act.

         Statement of General Performance Goals and Objectives

    Pursuant to clause 3(c)(4) of rule XIII, the general 
performance goal or objective of this legislation is to protect 
the name, image, and likeness rights of student athletes and to 
promote fair competition with respect to intercollegiate 
athletics.

                    Duplication of Federal Programs

    Pursuant to clause 3(c)(5) of rule XIII, no provision of 
H.R. 4312 is known to be duplicative of another Federal 
program, including any program that was included in a report to 
Congress pursuant to section 21 of Public Law 111-139 or the 
most recent Catalog of Federal Domestic Assistance.

              Related Committee and Subcommittee Hearings

    Pursuant to clause 3(c)(6) of rule XIII, the following 
related hearing was used to develop or consider H.R. 4312:
           On March 4, 2025, the Subcommittee on 
        Commerce, Manufacturing, and Trade held a hearing on 
        name, image and likeness issues in college sports. The 
        title of the hearing was, ``Moving the Goalposts: How 
        NIL is Reshaping College Athletics.'' The Subcommittee 
        received testimony from:
                   Shane Beamer, Head Football 
                Coach, University of South Carolina;
                   Josh Whitman, Director of 
                Athletics, University of Illinois;
                   Emily Cole, All-American Track 
                Athlete, Duke University '24;
                   Anthony Egbo Jr., Football 
                Athlete, Abilene Christian University '24; and
                   Justin Falcinelli, Former 
                College Athlete, Clemson Football, and Vice 
                President, College Football Players 
                Association.
           On June 12, 2025, the Subcommittee on 
        Commerce, Manufacturing, and Trade held a legislative 
        hearing on a discussion draft of H.R. 4312. The title 
        of the hearing was ``Winning Off the Field: Legislative 
        Proposal to Stabilize NIL and College Athletics.'' The 
        Subcommittee received testimony from:
                   William King, Associate 
                Commissioner/Legal Affairs Compliance, 
                Southeastern Conference;
                   Sherika Montgomery, 
                Commissioner, Big South Conference;
                   Ashley Cozad, Swimming Student 
                Athlete and Division I SAAC Chair, University 
                of North Florida '24; and
                   Ramogi Huma, Executive Director, 
                National College Players Association.

                        Committee Cost Estimate

    Pursuant to clause 3(d)(1) of rule XIII, the Committee 
adopts as its own the cost estimate prepared by the Director of 
the Congressional Budget Office pursuant to section 402 of the 
Congressional Budget Act of 1974. At the time this report was 
filed, the estimate was not available.

       Earmark, Limited Tax Benefits, and Limited Tariff Benefits

    Pursuant to clause 9(e), 9(f), and 9(g) of rule XXI, the 
Committee finds that H.R. 4312 contains no earmarks, limited 
tax benefits, or limited tariff benefits.

                      Advisory Committee Statement

    No advisory committees within the meaning of section 5(b) 
of the Federal Advisory Committee Act were created by this 
legislation.

                  Applicability to Legislative Branch

    The Committee finds that the legislation does not relate to 
the terms and conditions of employment or access to public 
services or accommodations within the meaning of section 
102(b)(3) of the Congressional Accountability Act.

             Section-by-Section Analysis of the Legislation


Section 1. Short title

    This Section provides the short title of the bill: the 
``Student Compensation and Opportunity through Rights and 
Endorsements Act.''

Section 2. Definitions

    This Section defines key terms used throughout the bill, 
including:
           Associated Entity or Individual: An entity 
        or individual tied to a specific school's athletic 
        program--such as boosters, NIL collectives, or large 
        donors--who promotes or supports student-athletes or 
        helps arrange name, image, and likeness (NIL) 
        opportunities.
           College sports revenue: revenue generated by 
        college athletic programs from sources including:
                   Ticket sales;
                   Media rights (TV, internet, 
                radio);
                   Sponsorships and licensing;
                   Conference and association 
                distributions;
                   Postseason games (e.g., bowl 
                games); or
                   Advertising, royalties, and in-
                kind sponsorships.
           Interstate Intercollegiate Athletic 
        Association (IIAA): An entity made up of schools from 
        different states that:
                   Sets rules for college sports;
                   Has rules or bylaws prohibiting 
                the provision of prohibited compensation to 
                student-athletes and prospective student-
                athletes; and
           Pool limit: An IIAA-set cap limiting the 
        amount a school can pay student-athletes out of college 
        sports revenue in a given year.
           Prohibited Compensation: Payments or 
        agreements that are not considered ``valid business 
        purposes''' or exceed the pool limit as determined by 
        an IIAA.

Section 3. Protection of name, image, and likeness rights of student-
        athletes

    Section 3 affirms the right of student-athletes to enter 
into NIL agreements in most circumstances by barring 
institutions, conferences, and IIAAs from restricting such 
agreements with two exceptions including, NIL agreements that 
violate an institution's student code of conduct or interfere 
with the terms of an institution's existing contracts or 
similar agreements; or NIL agreements that provide prohibited 
compensation, as defined in Section 2.
    This Section prohibits institutions, conferences, or IIAAs 
from releasing information about an NIL agreement without a 
student-athletes express written consent; or restricting a 
student-athlete's ability to obtain an agent.
    This Section affirms the right of student-athletes to 
transparent agreements, requiring a written agreement for 
student-agent contracts, among other transparency requirements. 
Lastly, this section enables State Attorney's General to bring 
a civil action on behalf of their residents whenever it 
believes a violation of this section has threatened or 
adversely affected an interest of a resident.

Section 4. Modifications to Sports Agent Responsibility and Trust Act

    Section 4 updates the Sports Agent Responsibility and Trust 
Act (SPARTA) (15 U.S.C. Sec. Sec. 7801) to reflect the role of 
agents supporting NIL agreements and require agents to disclose 
if they are registered with an IIAA. This Section prohibits an 
agent from charging fees over 5 percent, requires an agent 
agreement with a student athlete to include a provision 
allowing the student athlete to terminate the agreement should 
they no longer be enrolled at an institution, and strikes 
current `warning to student-athlete' language in SPARTA and 
replaces it with a required disclosure of if the agent is not 
registered with an IIAA.

Section 5. Requirements applicable to certain institutions

    Section 5 establishes requirements that institutions must 
meet, including providing comprehensive academic support and 
career counseling services to student-athletes, providing 
medical and health benefits to student-athletes, protection of 
grant-in-aid provided to a student-athlete related to their 
involvement in intercollegiate athletics regardless of their 
athletic performance, contribution to team success, injury, 
illness, physical or mental condition, or receipt of 
compensation pursuant to an NIL agreement, providing a degree 
completion program; and maintaining at least 16 varsity sports 
teams after the date July 1, 2027.
    The Section establishes that an institution may carry out 
these requirements in conjunction with a conference or IIAA. 
The section also establishes that an institution is covered by 
this section if any member of the coaching staff of a varsity 
sports team earns more than $250,000 in base annual salary (as 
adjusted annually on July 1 based on the Consumer Price Index 
for All Urban Consumers published by the Bureau of Labor 
Statistics.

Section 6. Roles of interstate intercollegiate athletic associations

    This section authorizes IIAA's to establish and enforce 
rules with respect to:
           Requiring student-athletes or prospective 
        student-athletes to disclose the terms of NIL 
        agreements they enter into;
           Establishing a database for collecting and 
        publicly sharing anonymized data related to NIL 
        agreements of student-athletes;
           Compensation, including processes for 
        dispute resolution and penalties;
           Setting parameters for the manner in which 
        and the time period during which student athletes and 
        prospective student athletes may be recruited for 
        intercollegiate athletics;
           Calculating a pool limit, if such rules 
        provide that such pool limit is at least 22 percent of 
        the average annual college sports revenue of the 70 
        highest earning (with respect to such revenue) member 
        institutions of such interstate intercollegiate 
        athletic association;
           Setting parameters for the manner in which a 
        student athlete may transfer between institutions;
           The length of time a student athlete is 
        eligible to participate in intercollegiate athletics 
        and the academic standards to be eligible to 
        participate in intercollegiate athletics;
           Establishing qualifications for and a 
        process for registration of NIL agents;
           Management of membership and participation 
        in IIAA, including championship events; and
           Intercollegiate athletic competitions and 
        playing seasons, including rules with respect to season 
        length, maximum number of contests, and student-athlete 
        time demands (both during and outside of a playing 
        season).
    This Section conditions authority on compliance with 
section 3 and the requirements in Section 6. This Section 
describes IIAA governance structures, requiring any board, 
committee, or other body to consist of at least 20 percent 
student-athletes, with men and women being equally represented, 
and each student-athlete representing a different sport, and at 
least 30 percent of institutions that are not among the 70 
highest-earning member institutions. This Section establishes a 
council to serve as the primary deliberative body of the IIAA.

Section 7. Liability limitation

    Section 7 establishes the adoption of, agreement to, 
compliance with, or enforcement of any rule, regulation, 
requirement, standard, or other provision established pursuant 
to, or in compliance with, section 6 of this Act shall be 
treated as lawful under the antitrust laws and any similar 
State Section 7 also establishes a rule of construction that 
clarifies that the bill does not exempt college sports from any 
laws other than antitrust laws and that this exemption is 
limited to the narrowly tailored rules listed in section 6.

Section 8. Employment standing

    Section 9 establishes that no individual may be considered 
an employee of an institution, conference, or IIAA based on the 
participation of such individual with a varsity sports team or 
in an intercollegiate athletic competition as a student-
athlete.

Section 9. Student athletic fees

    Section 9 makes multiple amendments to the Higher Education 
Act of 1965. Subsection (a) creates transparency and 
publication requirements for fees charged to students to 
support intercollegiate athletic programs. Subsection (b) makes 
changes regarding media rights revenues and establishes that 
institutions which had annual media rights revenues of 
$50,000,000 or more in the most recent completed fiscal year 
may not use student fees to support intercollegiate athletic 
programs in the immediately following fiscal year. The 
amendments made to the Higher Education Act of 1965 under this 
section come into effect on July 1, 2026.

Section 10. Preemption

    Section 10 provides that no state or political subdivision 
of a State may maintain, enforce, prescribe, or continue any 
law, rule, regulation, requirement, standard, or other 
provision having the force and effect of law that conflict with 
this Act; that governs or regulates the compensation, payment, 
benefits, or employment status of a student-athlete, including 
anything that relates to the right of a student athlete to 
receive compensation directly or indirectly from an 
institution, associated entity or individual, conference, or 
IIAA or anything related to the length of time a student 
athlete is eligible to participate in intercollegiate athletics 
or the academic standards to be eligible to participate in 
intercollegiate athletics; limits or restricts a right provided 
to an institution, conference, or IIAA under this Act; or 
requires a release of license to use the NIL of any 
participant(s) in an intercollegiate athletic competition for 
purposes of audio-visual, audio, or visual broadcasts or other 
distributions of such intercollegiate athletic competition.
    Section 10 also provides a rule of construction clarifying 
that the preemption in this Act does not preempt state common 
law and State laws of generally applicability.

Section 11. Reports

    Section 11 requires the Federal Trade Commission to study 
and report the impacts of establishing a program administered 
by an entity independent of any institution, conference, or 
IIAA to develop standards, certification, and other regulations 
for agents who enter into agreements with student athletes. It 
also requires the Comptroller General of the U.S., not 5 years 
after enactment, to conduct an investigation with respect to 
compliance with the Act and submit a report to congress that 
includes a summary of findings and recommendation to improve 
the health, safety, and educational opportunities of student 
athletes and conduct a study to assess the impact of this Act 
on Olympic Sports and report it Congress not 2 years after the 
date of enactment.

         Changes in Existing Law Made by the Bill, as Reported

  In compliance with clause 3(e) of rule XIII of the Rules of 
the House of Representatives, changes in existing law made by 
the bill, as reported, are shown as follows (existing law 
proposed to be omitted is enclosed in black brackets, new 
matter is printed in italics, and existing law in which no 
change is proposed is shown in roman):

               SPORTS AGENT RESPONSIBILITY AND TRUST ACT

           *       *       *       *       *       *       *

SEC. 3. REGULATION OF UNFAIR AND DECEPTIVE ACTS AND PRACTICES IN 
           CONNECTION WITH THE CONTACT BETWEEN AN ATHLETE 
           AGENT AND A STUDENT ATHLETE.

  (a) Conduct Prohibited.--It is unlawful for an athlete agent 
to--
          (1) directly or indirectly recruit or solicit a 
        student athlete to enter into an agency contract, by--
                  (A) giving any false or misleading 
                information or making a false promise or 
                representation; or
                  (B) providing anything of value to a student 
                athlete or anyone associated with the student 
                athlete before the student athlete enters into 
                an agency contract, including any consideration 
                in the form of a loan, or acting in the 
                capacity of a guarantor or co-guarantor for any 
                debt;
          (2) charge a student athlete a fee with respect to an 
        endorsement contract that is in an amount that is 
        greater than 5 percent of the amount of the 
        compensation provided to such student athlete under 
        such contract;
          (3) enter into an agency contract with a student 
        athlete that does not include a provision specifying 
        that the student athlete may terminate the agency 
        contract, notwithstanding any other term described in 
        the agency contract, beginning on the date that is 6 
        months after the date on which the student athlete is 
        no longer enrolled at any institution (as defined in 
        section 2 of the SCORE Act);
          [(2)] (4) enter into an agency contract with a 
        student athlete without providing the student athlete 
        with the disclosure document described in subsection 
        (b); or
          [(3)] (5) predate or postdate an agency contract.
  (b) Required Disclosure by Athlete Agents to Student 
Athletes.--
          (1) In general.--In conjunction with the entering 
        into of an agency contract, an athlete agent shall 
        provide to the student athlete, or, if the student 
        athlete is under the age of 18, to such student 
        athlete's parent or legal guardian, a disclosure 
        document that meets the requirements of this 
        subsection. Such disclosure document is separate from 
        and in addition to any disclosure which may be required 
        under State law.
          (2) Signature of student athlete.--The disclosure 
        document must be signed by the student athlete, or, if 
        the student athlete is under the age of 18, by such 
        student athlete's parent or legal guardian, prior to 
        entering into the agency contract.
          (3) Required language.--The disclosure document must 
        contain, in close proximity to the signature of the 
        student athlete, or, if the student athlete is under 
        the age of 18, the signature of such student athlete's 
        parent or legal guardian, a conspicuous notice in 
        boldface type stating: ``[Warning to Student Athlete: 
        If you agree orally or in writing to be represented by 
        an agent now or in the future you may lose your 
        eligibility to compete as a student athlete in your 
        sport.] Notice to Student Athlete: Within 72 hours 
        after entering into this contract or before the next 
        athletic event in which you are eligible to 
        participate, whichever occurs first, both you and the 
        agent by whom you are agreeing to be represented must 
        notify the athletic director of the educational 
        institution at which you are enrolled, or other 
        individual responsible for athletic programs at such 
        educational institution, that you have entered into an 
        agency contract.''.

           *       *       *       *       *       *       *


SEC. 9. DISCLOSURE AND CONSENT RELATING TO NAME, IMAGE, AND LIKENESS 
            AGREEMENTS.

  (a) In General.--An athlete agent who assists a student 
athlete with an endorsement contract shall disclose in writing 
to the student athlete--
          (1) whether the athlete agent is registered with an 
        interstate intercollegiate athletic association (as 
        defined in section 2 of the SCORE Act); and
          (2) if the athlete agent is registered with an 
        interstate intercollegiate athletic association, 
        whether the athlete agent is registered with the 
        interstate intercollegiate athletic association that 
        has as a member the institution (as defined in section 
        2 of the SCORE Act) at which the student athlete is 
        enrolled.
  (b) Consent.--In the case of an athlete agent who is not 
registered with an interstate intercollegiate athletic 
association, the athlete agent may only assist a student 
athlete with an endorsement contract if the student athlete 
(or, in the case of a student athlete who is under 18 years of 
age, the parent or guardian of the student athlete) provides to 
the athlete agent written consent for such assistance after 
receiving the disclosure under subsection (a).
  (c) Enforcement.--
          (1) In general.--If an attorney general of a State 
        has reason to believe that an interest of the residents 
        of that State has been or is threatened or adversely 
        affected by the engagement of any athlete agent in a 
        practice that violates this section, the attorney 
        general may bring a civil action pursuant to section 5 
        in the same manner as the attorney general may bring a 
        civil action with respect to a violation of section 3.
          (2) Sole authority.--No individual or entity other 
        than an attorney general of a State may enforce this 
        section.
          (3) No federal notice necessary.--Subsections (a)(2), 
        (b), and (d) of section 5 do not apply to an action 
        brought by an attorney general of a State pursuant to 
        this subsection.
                              ----------                              

                      HIGHER EDUCATION ACT OF 1965

           *       *       *       *       *       *       *

                     TITLE IV--STUDENT ASSISTANCE

           *       *       *       *       *       *       *

Part G--General Provisions Relating to Student Assistance Programs

           *       *       *       *       *       *       *

SEC. 485. INSTITUTIONAL AND FINANCIAL ASSISTANCE INFORMATION FOR 
             STUDENTS.

  (a) Information Dissemination Activities.--(1) Each eligible 
institution participating in any program under this title shall 
carry out information dissemination activities for prospective 
and enrolled students (including those attending or planning to 
attend less than full time) regarding the institution and all 
financial assistance under this title. The information required 
by this section shall be produced and be made readily available 
upon request, through appropriate publications, mailings, and 
electronic media, to an enrolled student and to any prospective 
student. Each eligible institution shall, on an annual basis, 
provide to all enrolled students a list of the information that 
is required to be provided by institutions to students by this 
section and section 444 of the General Education Provisions Act 
(commonly known as the ``Family Educational Rights and Privacy 
Act of 1974''), together with a statement of the procedures 
required to obtain such information. The information required 
by this section shall accurately describe--
          (A) the student financial assistance programs 
        available to students who enroll at such institution;
          (B) the methods by which such assistance is 
        distributed among student recipients who enroll at such 
        institution;
          (C) any means, including forms, by which application 
        for student financial assistance is made and 
        requirements for accurately preparing such application;
          (D) the rights and responsibilities of students 
        receiving financial assistance under this title;
          (E) the cost of attending the institution, including 
        (i) tuition and fees (including the amount of such fees 
        used to support intercollegiate athletic programs), 
        (ii) books and supplies, (iii) estimates of typical 
        student room and board costs or typical commuting 
        costs, and (iv) any additional cost of the program in 
        which the student is enrolled or expresses a specific 
        interest;
          (F) a statement of--
                  (i) the requirements of any refund policy 
                with which the institution is required to 
                comply;
                  (ii) the requirements under section 484B for 
                the return of grant or loan assistance provided 
                under this title; and
                  (iii) the requirements for officially 
                withdrawing from the institution;
          (G) the academic program of the institution, 
        including (i) the current degree programs and other 
        educational and training programs, (ii) the 
        instructional, laboratory, and other physical plant 
        facilities which relate to the academic program, (iii) 
        the faculty and other instructional personnel, and (iv) 
        any plans by the institution for improving the academic 
        program of the institution;
          (H) each person designated under subsection (c) of 
        this section, and the methods by which and locations in 
        which any person so designated may be contacted by 
        students and prospective students who are seeking 
        information required by this subsection;
          (I) special facilities and services available to 
        students with disabilities;
          (J) the names of associations, agencies, or 
        governmental bodies which accredit, approve, or license 
        the institution and its programs, and the procedures 
        under which any current or prospective student may 
        obtain or review upon request a copy of the documents 
        describing the institution's accreditation, approval, 
        or licensing;
          (K) the standards which the student must maintain in 
        order to be considered to be making satisfactory 
        progress, pursuant to section 484(a)(2);
          (L) the completion or graduation rate of certificate- 
        or degree-seeking, full-time, undergraduate students 
        entering such institutions;
                  (M) the terms and conditions of the loans 
                that students receive under parts B, D, and E;
          (N) that enrollment in a program of study abroad 
        approved for credit by the home institution may be 
        considered enrollment in the home institution for 
        purposes of applying for Federal student financial 
        assistance;
          (O) the campus crime report prepared by the 
        institution pursuant to subsection (f), including all 
        required reporting categories;
                  (P) institutional policies and sanctions 
                related to copyright infringement, including--
                          (i) an annual disclosure that 
                        explicitly informs students that 
                        unauthorized distribution of 
                        copyrighted material, including 
                        unauthorized peer-to-peer file sharing, 
                        may subject the students to civil and 
                        criminal liabilities;
                          (ii) a summary of the penalties for 
                        violation of Federal copyright laws; 
                        and
                          (iii) a description of the 
                        institution's policies with respect to 
                        unauthorized peer-to-peer file sharing, 
                        including disciplinary actions that are 
                        taken against students who engage in 
                        unauthorized distribution of 
                        copyrighted materials using the 
                        institution's information technology 
                        system;
                  (Q) student body diversity at the 
                institution, including information on the 
                percentage of enrolled, full-time students 
                who--
                          (i) are male;
                          (ii) are female;
                          (iii) receive a Federal Pell Grant; 
                        and
                          (iv) are a self-identified member of 
                        a major racial or ethnic group;
                  (R) the placement in employment of, and types 
                of employment obtained by, graduates of the 
                institution's degree or certificate programs, 
                gathered from such sources as alumni surveys, 
                student satisfaction surveys, the National 
                Survey of Student Engagement, the Community 
                College Survey of Student Engagement, State 
                data systems, or other relevant sources;
                  (S) the types of graduate and professional 
                education in which graduates of the 
                institution's four-year degree programs 
                enrolled, gathered from such sources as alumni 
                surveys, student satisfaction surveys, the 
                National Survey of Student Engagement, State 
                data systems, or other relevant sources;
                  (T) the fire safety report prepared by the 
                institution pursuant to subsection (i);
                  (U) the retention rate of certificate- or 
                degree-seeking, first-time, full-time, 
                undergraduate students entering such 
                institution; and
                  (V) institutional policies regarding 
                vaccinations.
  (2) For the purpose of this section, the term ``prospective 
student'' means any individual who has contacted an eligible 
institution requesting information concerning admission to that 
institution.
  (3) In calculating the completion or graduation rate under 
subparagraph (L) of paragraph (1) of this subsection or under 
subsection (e), a student shall be counted as a completion or 
graduation if, within 150 percent of the normal time for 
completion of or graduation from the program, the student has 
completed or graduated from the program, or enrolled in any 
program of an eligible institution for which the prior program 
provides substantial preparation. The information required to 
be disclosed under such subparagraph--
          (A) shall be made available by July 1 each year to 
        enrolled students and prospective students prior to the 
        students enrolling or entering into any financial 
        obligation; and
          (B) shall cover the one-year period ending on August 
        31 of the preceding year.
          (4) For purposes of this section, institutions may--
                  (A) exclude from the information disclosed in 
                accordance with subparagraph (L) of paragraph 
                (1) the completion or graduation rates of 
                students who leave school to serve in the Armed 
                Forces, on official church missions, or with a 
                recognized foreign aid service of the Federal 
                Government; or
                  (B) in cases where the students described in 
                subparagraph (A) represent 20 percent or more 
                of the certificate- or degree-seeking, full-
                time, undergraduate students at the 
                institution, recalculate the completion or 
                graduation rates of such students by excluding 
                from the calculation described in paragraph (3) 
                the time period during which such students were 
                not enrolled due to their service in the Armed 
                Forces, on official church missions, or with a 
                recognized foreign aid service of the Federal 
                Government.
  (5) The Secretary shall permit any institution of higher 
education that is a member of an athletic association or 
athletic conference that has voluntarily published completion 
or graduation rate data or has agreed to publish data that, in 
the opinion of the Secretary, is substantially comparable to 
the information required under this subsection, to use such 
data to satisfy the requirements of this subsection; and
  (6) Each institution may provide supplemental information to 
enrolled and prospective students showing the completion or 
graduation rate for students described in paragraph (4) or for 
students transferring into the institution or information 
showing the rate at which students transfer out of the 
institution.
          (7)(A)(i) Subject to clause (ii), the information 
        disseminated under paragraph (1)(L), or reported under 
        subsection (e), shall be disaggregated by gender, by 
        each major racial and ethnic subgroup, by recipients of 
        a Federal Pell Grant, by recipients of a loan made 
        under part B or D (other than a loan made under section 
        428H or a Federal Direct Unsubsidized Stafford Loan) 
        who did not receive a Federal Pell Grant, and by 
        recipients of neither a Federal Pell Grant nor a loan 
        made under part B or D (other than a loan made under 
        section 428H or a Federal Direct Unsubsidized Stafford 
        Loan), if the number of students in such subgroup or 
        with such status is sufficient to yield statistically 
        reliable information and reporting will not reveal 
        personally identifiable information about an individual 
        student. If such number is not sufficient for such 
        purposes, then the institution shall note that the 
        institution enrolled too few of such students to so 
        disclose or report with confidence and confidentiality.
          (ii) The requirements of clause (i) shall not apply 
        to two-year, degree-granting institutions of higher 
        education until academic year 2011-2012.
          (B)(i) In order to assist two-year degree-granting 
        institutions of higher education in meeting the 
        requirements of paragraph (1)(L) and subsection (e), 
        the Secretary, in consultation with the Commissioner 
        for Education Statistics, shall, not later than 90 days 
        after the date of enactment of the Higher Education 
        Opportunity Act, convene a group of representatives 
        from diverse institutions of higher education, experts 
        in the field of higher education policy, state higher 
        education officials, students, and other stakeholders 
        in the higher education community, to develop 
        recommendations regarding the accurate calculation and 
        reporting of the information required to be 
        disseminated or reported under paragraph (1)(L) and 
        subsection (e) by two-year, degree-granting 
        institutions of higher education. In developing such 
        recommendations, the group of representatives shall 
        consider the mission and role of two-year degree-
        granting institutions of higher education, and may 
        recommend additional or alternative measures of student 
        success for such institutions in light of the mission 
        and role of such institutions.
          (ii) The Secretary shall widely disseminate the 
        recommendations required under this subparagraph to 
        two-year, degree-granting institutions of higher 
        education, the public, and the authorizing committees 
        not later than 18 months after the first meeting of the 
        group of representatives convened under clause (i).
          (iii) The Secretary shall use the recommendations 
        from the group of representatives convened under clause 
        (i) to provide technical assistance to two-year, 
        degree-granting institutions of higher education in 
        meeting the requirements of paragraph (1)(L) and 
        subsection (e).
          (iv) The Secretary may modify the information 
        required to be disseminated or reported under paragraph 
        (1)(L) or subsection (e) by a two-year, degree-granting 
        institution of higher education--
                  (I) based on the recommendations received 
                under this subparagraph from the group of 
                representatives convened under clause (i);
                  (II) to include additional or alternative 
                measures of student success if the goals of the 
                provisions of paragraph (1)(L) and subsection 
                (e) can be met through additional means or 
                comparable alternatives; and
                  (III) during the period beginning on the date 
                of enactment of the Higher Education 
                Opportunity Act, and ending on June 30, 2011.
  (b) Exit Counseling for Borrowers.--(1)(A) Each eligible 
institution shall, through financial aid offices or otherwise, 
provide counseling to borrowers of loans that are made, 
insured, or guaranteed under part B (other than loans made 
pursuant to section 428C or loans under section 428B made on 
behalf of a student) or made under part D (other than Federal 
Direct Consolidation Loans or Federal Direct PLUS Loans made on 
behalf of a student) or made under part E of this title prior 
to the completion of the course of study for which the borrower 
enrolled at the institution or at the time of departure from 
such institution. The counseling required by this subsection 
shall include--
          (i) information on the repayment plans available, 
        including a description of the different features of 
        each plan and sample information showing the average 
        anticipated monthly payments, and the difference in 
        interest paid and total payments, under each plan;
          (ii) debt management strategies that are designed to 
        facilitate the repayment of such indebtedness;
          (iii) an explanation that the borrower has the 
        options to prepay each loan, pay each loan on a shorter 
        schedule, and change repayment plans;
          (iv) for any loan forgiveness or cancellation 
        provision of this title, a general description of the 
        terms and conditions under which the borrower may 
        obtain full or partial forgiveness or cancellation of 
        the principal and interest, and a copy of the 
        information provided by the Secretary under section 
        485(d);
          (v) for any forbearance provision of this title, a 
        general description of the terms and conditions under 
        which the borrower may defer repayment of principal or 
        interest or be granted forbearance, and a copy of the 
        information provided by the Secretary under section 
        485(d);
          (vi) the consequences of defaulting on a loan, 
        including adverse credit reports, delinquent debt 
        collection procedures under Federal law, and 
        litigation;
          (vii) information on the effects of using a 
        consolidation loan under section 428C or a Federal 
        Direct Consolidation Loan to discharge the borrower's 
        loans under parts B, D, and E, including at a minimum--
                  (I) the effects of consolidation on total 
                interest to be paid, fees to be paid, and 
                length of repayment;
                  (II) the effects of consolidation on a 
                borrower's underlying loan benefits, including 
                grace periods, loan forgiveness, cancellation, 
                and deferment opportunities;
                  (III) the option of the borrower to prepay 
                the loan or to change repayment plans; and
                  (IV) that borrower benefit programs may vary 
                among different lenders;
          (viii) a general description of the types of tax 
        benefits that may be available to borrowers;
          (ix) a notice to borrowers about the availability of 
        the National Student Loan Data System and how the 
        system can be used by a borrower to obtain information 
        on the status of the borrower's loans; and
                          (x) an explanation that--
                                  (I) the borrower may be 
                                contacted during the repayment 
                                period by third-party student 
                                debt relief companies;
                                  (II) the borrower should use 
                                caution when dealing with those 
                                companies; and
                                  (III) the services that those 
                                companies typically provide are 
                                already offered to borrowers 
                                free of charge through the 
                                Department or the borrower's 
                                servicer; and
  (B) In the case of borrower who leaves an institution without 
the prior knowledge of the institution, the institution shall 
attempt to provide the information described in subparagraph 
(A) to the student in writing.
  (2)(A) Each eligible institution shall require that the 
borrower of a loan made under part B, D, or E submit to the 
institution, during the exit interview required by this 
subsection--
          (i) the borrower's expected permanent address after 
        leaving the institution (regardless of the reason for 
        leaving);
          (ii) the name and address of the borrower's expected 
        employer after leaving the institution;
          (iii) the address of the borrower's next of kin; and
          (iv) any corrections in the institution's records 
        relating the borrower's name, address, social security 
        number, references, and driver's license number.
  (B) The institution shall, within 60 days after the 
interview, forward any corrected or completed information 
received from the borrower to the guaranty agency indicated on 
the borrower's student aid records.
  (C) Nothing in this subsection shall be construed to prohibit 
an institution of higher education from utilizing electronic 
means to provide personalized exit counseling.
  (c) Financial Assistance Information Personnel.--Each 
eligible institution shall designate an employee or group of 
employees who shall be available on a full-time basis to assist 
students or potential students in obtaining information as 
specified in subsection (a). The Secretary may, by regulation, 
waive the requirement that an employee or employees be 
available on a full-time basis for carrying out 
responsibilities required under this section whenever an 
institution in which the total enrollment, or the portion of 
the enrollment participating in programs under this title at 
that institution, is too small to necessitate such employee or 
employees being available on a full-time basis. No such waiver 
may include permission to exempt any such institution from 
designating a specific individual or a group of individuals to 
carry out the provisions of this section.
  (d) Departmental Publication of Descriptions of Assistance 
Programs.--(1) The Secretary shall make available to eligible 
institutions, eligible lenders, and secondary schools 
descriptions of Federal student assistance programs including 
the rights and responsibilities of student and institutional 
participants, in order to (A) assist students in gaining 
information through institutional sources, and (B) assist 
institutions in carrying out the provisions of this section, so 
that individual and institutional participants will be fully 
aware of their rights and responsibilities under such programs. 
In particular, such information shall include information to 
enable students and prospective students to assess the debt 
burden and monthly and total repayment obligations that will be 
incurred as a result of receiving loans of varying amounts 
under this title. Such information shall also include 
information on the various payment options available for 
student loans, including income-sensitive and income-based 
repayment plans for loans made, insured, or guaranteed under 
part B and income-based repayment plans for loans made under 
part D. In addition, such information shall include information 
to enable borrowers to assess the practical consequences of 
loan consolidation, including differences in deferment 
eligibility, interest rates, monthly payments, and finance 
charges, and samples of loan consolidation profiles to 
illustrate such consequences. The Secretary shall provide 
information concerning the specific terms and conditions under 
which students may obtain partial or total cancellation or 
defer repayment of loans for service, shall indicate (in terms 
of the Federal minimum wage) the maximum level of compensation 
and allowances that a student borrower may receive from a tax-
exempt organization to qualify for a deferment, and shall 
explicitly state that students may qualify for such partial 
cancellations or deferments when they serve as a paid employee 
of a tax-exempt organization. The Secretary shall also provide 
information on loan forbearance, including the increase in debt 
that results from capitalization of interest. Such information 
shall be provided by eligible institutions and eligible lenders 
at any time that information regarding loan availability is 
provided to any student.
  (2) The Secretary, to the extent the information is 
available, shall compile information describing State and other 
prepaid tuition programs and savings programs and disseminate 
such information to States, eligible institutions, students, 
and parents in departmental publications.
  (3) The Secretary, to the extent practicable, shall update 
the Department's Internet site to include direct links to 
databases that contain information on public and private 
financial assistance programs. The Secretary shall only provide 
direct links to databases that can be accessed without charge 
and shall make reasonable efforts to verify that the databases 
included in a direct link are not providing fraudulent 
information. The Secretary shall prominently display adjacent 
to any such direct link a disclaimer indicating that a direct 
link to a database does not constitute an endorsement or 
recommendation of the database, the provider of the database, 
or any services or products of such provider. The Secretary 
shall provide additional direct links to information resources 
from which students may obtain information about fraudulent and 
deceptive practices in the provision of services related to 
student financial aid.
  (4) The Secretary shall widely publicize the location of the 
information described in paragraph (1) among the public, 
eligible institutions, and eligible lenders, and promote the 
use of such information by prospective students, enrolled 
students, families of prospective and enrolled students, and 
borrowers.
  (e) Disclosures Required With Respect to Athletically Related 
Student Aid.--(1) Each institution of higher education which 
participates in any program under this title and is attended by 
students receiving athletically related student aid shall 
annually submit a report to the Secretary which contains--
          (A) the number of students at the institution of 
        higher education who received athletically related 
        student aid broken down by race and sex in the 
        following sports: basketball, football, baseball, cross 
        country/track, and all other sports combined;
          (B) the number of students at the institution of 
        higher education, broken down by race and sex;
          (C) the completion or graduation rate for students at 
        the institution of higher education who received 
        athletically related student aid broken down by race 
        and sex in the following sports: basketball, football, 
        baseball, cross country/track and all other sports 
        combined;
          (D) the completion or graduation rate for students at 
        the institution of higher education, broken down by 
        race and sex;
          (E) the average completion or graduation rate for the 
        4 most recent completing or graduating classes of 
        students at the institution of higher education who 
        received athletically related student aid broken down 
        by race and sex in the following categories: 
        basketball, football, baseball, cross country/track, 
        and all other sports combined; and
          (F) the average completion or graduation rate for the 
        4 most recent completing or graduating classes of 
        students at the institution of higher education broken 
        down by race and sex.
  (2) When an institution described in paragraph (1) of this 
subsection offers a potential student athlete athletically 
related student aid, such institution shall provide to the 
student and the student's parents, guidance counselor, and 
coach the information contained in the report submitted by such 
institution pursuant to paragraph (1). If the institution is a 
member of a national collegiate athletic association that 
compiles graduation rate data on behalf of the association's 
member institutions that the Secretary determines is 
substantially comparable to the information described in 
paragraph (1), the distribution of the compilation of such data 
to all secondary schools in the United States shall fulfill the 
responsibility of the institution to provide information to a 
prospective student athlete's guidance counselor and coach.
          (3) For purposes of this subsection, institutions 
        may--
                  (A) exclude from the reporting requirements 
                under paragraphs (1) and (2) the completion or 
                graduation rates of students and student 
                athletes who leave school to serve in the Armed 
                Forces, on official church missions, or with a 
                recognized foreign aid service of the Federal 
                Government; or
                  (B) in cases where the students described in 
                subparagraph (A) represent 20 percent or more 
                of the certificate- or degree-seeking, full-
                time, undergraduate students at the 
                institution, calculate the completion or 
                graduation rates of such students by excluding 
                from the calculations described in paragraph 
                (1) the time period during which such students 
                were not enrolled due to their service in the 
                Armed Forces, on official church missions, or 
                with a recognized foreign aid service of the 
                Federal Government.
  (4) Each institution of higher education described in 
paragraph (1) may provide supplemental information to students 
and the Secretary showing the completion or graduation rate 
when such completion or graduation rate includes students 
transferring into and out of such institution.
  (5) The Secretary, using the reports submitted under this 
subsection, shall compile and publish a report containing the 
information required under paragraph (1) broken down by--
          (A) individual institutions of higher education; and
          (B) athletic conferences recognized by the National 
        Collegiate Athletic Association and the National 
        Association of Intercollegiate Athletics.
  (6) The Secretary shall waive the requirements of this 
subsection for any institution of higher education that is a 
member of an athletic association or athletic conference that 
has voluntarily published completion or graduation rate data or 
has agreed to publish data that, in the opinion of the 
Secretary, is substantially comparable to the information 
required under this subsection.
  (7) The Secretary, in conjunction with the National Junior 
College Athletic Association, shall develop and obtain data on 
completion or graduation rates from two-year colleges that 
award athletically related student aid. Such data shall, to the 
extent practicable, be consistent with the reporting 
requirements set forth in this section.
  (8) For purposes of this subsection, the term ``athletically 
related student aid'' means any scholarship, grant, or other 
form of financial assistance the terms of which require the 
recipient to participate in a program of intercollegiate 
athletics at an institution of higher education in order to be 
eligible to receive such assistance.
  (9) The reports required by this subsection shall be due each 
July 1 and shall cover the 1-year period ending August 31 of 
the preceding year.
  (f) Disclosure of Campus Security Policy and Campus Crime 
Statistics.--(1) Each eligible institution participating in any 
program under this title, other than a foreign institution of 
higher education, shall on August 1, 1991, begin to collect the 
following information with respect to campus crime statistics 
and campus security policies of that institution, and beginning 
September 1, 1992, and each year thereafter, prepare, publish, 
and distribute, through appropriate publications or mailings, 
to all current students and employees, and to any applicant for 
enrollment or employment upon request, an annual security 
report containing at least the following information with 
respect to the campus security policies and campus crime 
statistics of that institution:
          (A) A statement of current campus policies regarding 
        procedures and facilities for students and others to 
        report criminal actions or other emergencies occurring 
        on campus and policies concerning the institution's 
        response to such reports.
          (B) A statement of current policies concerning 
        security and access to campus facilities, including 
        campus residences, and security considerations used in 
        the maintenance of campus facilities.
          (C) A statement of current policies concerning campus 
        law enforcement, including--
                  (i) the law enforcement authority of campus 
                security personnel;
                  (ii) the working relationship of campus 
                security personnel with State and local law 
                enforcement agencies, including whether the 
                institution has agreements with such agencies, 
                such as written memoranda of understanding, for 
                the investigation of alleged criminal offenses; 
                and
                  (iii) policies which encourage accurate and 
                prompt reporting of all crimes to the campus 
                police and the appropriate law enforcement 
                agencies, when the victim of such crime elects 
                or is unable to make such a report.
          (D) A description of the type and frequency of 
        programs designed to inform students and employees 
        about campus security procedures and practices and to 
        encourage students and employees to be responsible for 
        their own security and the security of others.
          (E) A description of programs designed to inform 
        students and employees about the prevention of crimes.
          (F) Statistics concerning the occurrence on campus, 
        in or on noncampus buildings or property, and on public 
        property during the most recent calendar year, and 
        during the 2 preceding calendar years for which data 
        are available--
                  (i) of the following criminal offenses 
                reported to campus security authorities or 
                local police agencies:
                          (I) murder;
                          (II) sex offenses, forcible or 
                        nonforcible;
                          (III) robbery;
                          (IV) aggravated assault;
                          (V) burglary;
                          (VI) motor vehicle theft;
                          (VII) manslaughter;
                          (VIII) arson;
                          (IX) arrests or persons referred for 
                        campus disciplinary action for liquor 
                        law violations, drug-related 
                        violations, and weapons possession;
                  (ii) of the crimes described in subclauses 
                (I) through (VIII) of clause (i), of larceny-
                theft, simple assault, intimidation, and 
                destruction, damage, or vandalism of property, 
                and of other crimes involving bodily injury to 
                any person, in which the victim is 
                intentionally selected because of the actual or 
                perceived race, gender, religion, national 
                origin, sexual orientation, gender identity,, 
                ethnicity, or disability of the victim that are 
                reported to campus security authorities or 
                local police agencies, which data shall be 
                collected and reported according to category of 
                prejudice;
                  (iii) of domestic violence, dating violence, 
                and stalking incidents that were reported to 
                campus security authorities or local police 
                agencies; and
                  (iv) of hazing incidents that were reported 
                to campus security authorities or local police 
                agencies.
          (G) A statement of policy concerning the monitoring 
        and recording through local police agencies of criminal 
        activity at off-campus student organizations which are 
        recognized by the institution and that are engaged in 
        by students attending the institution, including those 
        student organizations with off-campus housing 
        facilities.
          (H) A statement of policy regarding the possession, 
        use, and sale of alcoholic beverages and enforcement of 
        State underage drinking laws and a statement of policy 
        regarding the possession, use, and sale of illegal 
        drugs and enforcement of Federal and State drug laws 
        and a description of any drug or alcohol abuse 
        education programs as required under section 120 of 
        this Act.
          (I) A statement advising the campus community where 
        law enforcement agency information provided by a State 
        under section 170101(j) of the Violent Crime Control 
        and Law Enforcement Act of 1994 (42 U.S.C. 14071(j)), 
        concerning registered sex offenders may be obtained, 
        such as the law enforcement office of the institution, 
        a local law enforcement agency with jurisdiction for 
        the campus, or a computer network address.
                  (J) A statement of current campus policies 
                regarding immediate emergency response and 
                evacuation procedures, including the use of 
                electronic and cellular communication (if 
                appropriate), which policies shall include 
                procedures to--
                          (i) immediately notify the campus 
                        community upon the confirmation of a 
                        significant emergency or dangerous 
                        situation involving an immediate threat 
                        to the health or safety of students or 
                        staff occurring on the campus, as 
                        defined in paragraph (6), unless 
                        issuing a notification will compromise 
                        efforts to contain the emergency;
                          (ii) publicize emergency response and 
                        evacuation procedures on an annual 
                        basis in a manner designed to reach 
                        students and staff; and
                          (iii) test emergency response and 
                        evacuation procedures on an annual 
                        basis.
                  (K) A statement of current policies relating 
                to hazing (as defined by the institution), how 
                to report incidents of such hazing, and the 
                process used to investigate such incidents of 
                hazing, and information on applicable local, 
                State, and Tribal laws on hazing (as defined by 
                such local, State, and Tribal laws).
                  (L) A statement of policy regarding 
                prevention and awareness programs related to 
                hazing (as defined by the institution) that 
                includes a description of research-informed 
                campus-wide prevention programs designed to 
                reach students, staff, and faculty, which 
                includes--
                  (i) the information referred to in 
                subparagraph (K); and
                  (ii) primary prevention strategies intended 
                to stop hazing before hazing occurs, which may 
                include skill building for bystander 
                intervention, information about ethical 
                leadership, and the promotion of strategies for 
                building group cohesion without hazing.
  (2) Nothing in this subsection shall be construed to 
authorize the Secretary to require particular policies, 
procedures, or practices by institutions of higher education 
with respect to campus crimes or campus security.
  (3) Each institution participating in any program under this 
title, other than a foreign institution of higher education, 
shall make timely reports to the campus community on crimes 
considered to be a threat to other students and employees 
described in paragraph (1)(F) that are reported to campus 
security or local law police agencies. Such reports shall be 
provided to students and employees in a manner that is timely, 
that withholds the names of victims as confidential, and that 
will aid in the prevention of similar occurrences.
  (4)(A) Each institution participating in any program under 
this title, other than a foreign institution of higher 
education, that maintains a police or security department of 
any kind shall make, keep, and maintain a daily log, written in 
a form that can be easily understood, recording all crimes 
reported to such police or security department, including--
          (i) the nature, date, time, and general location of 
        each crime; and
          (ii) the disposition of the complaint, if known.
  (B)(i) All entries that are required pursuant to this 
paragraph shall, except where disclosure of such information is 
prohibited by law or such disclosure would jeopardize the 
confidentiality of the victim, be open to public inspection 
within two business days of the initial report being made to 
the department or a campus security authority.
  (ii) If new information about an entry into a log becomes 
available to a police or security department, then the new 
information shall be recorded in the log not later than two 
business days after the information becomes available to the 
police or security department.
  (iii) If there is clear and convincing evidence that the 
release of such information would jeopardize an ongoing 
criminal investigation or the safety of an individual, cause a 
suspect to flee or evade detection, or result in the 
destruction of evidence, such information may be withheld until 
that damage is no longer likely to occur from the release of 
such information.
  (5) On an annual basis, each institution participating in any 
program under this title, other than a foreign institution of 
higher education, shall submit to the Secretary a copy of the 
statistics required to be made available under paragraph 
(1)(F). The Secretary shall--
          (A) review such statistics and report to the 
        authorizing committees on campus crime statistics by 
        September 1, 2000;
          (B) make copies of the statistics submitted to the 
        Secretary available to the public; and
          (C) in coordination with representatives of 
        institutions of higher education, identify exemplary 
        campus security policies, procedures, and practices and 
        disseminate information concerning those policies, 
        procedures, and practices that have proven effective in 
        the reduction of campus crime.
  (6)(A) In this subsection:
          (i) The terms ``dating violence'', ``domestic 
        violence'', and ``stalking'' have the meaning given 
        such terms in section 40002(a) of the Violence Against 
        Women Act of 1994 (42 U.S.C. 13925(a)).
          (ii) The term ``campus'' means--
                  (I) any building or property owned or 
                controlled by an institution of higher 
                education within the same reasonably contiguous 
                geographic area of the institution and used by 
                the institution in direct support of, or in a 
                manner related to, the institution's 
                educational purposes, including residence 
                halls; and
                  (II) property within the same reasonably 
                contiguous geographic area of the institution 
                that is owned by the institution but controlled 
                by another person, is used by students, and 
                supports institutional purposes (such as a food 
                or other retail vendor).
          (iii) The term ``noncampus building or property'' 
        means--
                  (I) any building or property owned or 
                controlled by a student organization recognized 
                by the institution; and
                  (II) any building or property (other than a 
                branch campus) owned or controlled by an 
                institution of higher education that is used in 
                direct support of, or in relation to, the 
                institution's educational purposes, is used by 
                students, and is not within the same reasonably 
                contiguous geographic area of the institution.
          (iv) The term ``public property'' means all public 
        property that is within the same reasonably contiguous 
        geographic area of the institution, such as a sidewalk, 
        a street, other thoroughfare, or parking facility, and 
        is adjacent to a facility owned or controlled by the 
        institution if the facility is used by the institution 
        in direct support of, or in a manner related to the 
        institution's educational purposes.
          (v) The term ``sexual assault'' means an offense 
        classified as a forcible or nonforcible sex offense 
        under the uniform crime reporting system of the Federal 
        Bureau of Investigation.
          (vi) The term ``hazing'', for purposes of reporting 
        statistics on hazing incidents under paragraph 
        (1)(F)(iv), means any intentional, knowing, or reckless 
        act committed by a person (whether individually or in 
        concert with other persons) against another person or 
        persons regardless of the willingness of such other 
        person or persons to participate, that--
                  (I) is committed in the course of an 
                initiation into, an affiliation with, or the 
                maintenance of membership in, a student 
                organization; and
                  (II) causes or creates a risk, above the 
                reasonable risk encountered in the course of 
                participation in the institution of higher 
                education or the organization (such as the 
                physical preparation necessary for 
                participation in an athletic team), of physical 
                or psychological injury including--
                          (aa) whipping, beating, striking, 
                        electronic shocking, placing of a 
                        harmful substance on someone's body, or 
                        similar activity;
                          (bb) causing, coercing, or otherwise 
                        inducing sleep deprivation, exposure to 
                        the elements, confinement in a small 
                        space, extreme calisthenics, or other 
                        similar activity;
                          (cc) causing, coercing, or otherwise 
                        inducing another person to consume 
                        food, liquid, alcohol, drugs, or other 
                        substances;
                          (dd) causing, coercing, or otherwise 
                        inducing another person to perform 
                        sexual acts;
                          (ee) any activity that places another 
                        person in reasonable fear of bodily 
                        harm through the use of threatening 
                        words or conduct;
                          (ff) any activity against another 
                        person that includes a criminal 
                        violation of local, State, Tribal, or 
                        Federal law; and
                          (gg) any activity that induces, 
                        causes, or requires another person to 
                        perform a duty or task that involves a 
                        criminal violation of local, State, 
                        Tribal, or Federal law.
          (vii) The term ``student organization'', for purposes 
        of reporting under paragraph (1)(F)(iv) and paragraph 
        (9)(A), means an organization at an institution of 
        higher education (such as a club, society, association, 
        varsity or junior varsity athletic team, club sports 
        team, fraternity, sorority, band, or student 
        government) in which two or more of the members are 
        students enrolled at the institution of higher 
        education, whether or not the organization is 
        established or recognized by the institution.
  (B) In cases where branch campuses of an institution of 
higher education, schools within an institution of higher 
education, or administrative divisions within an institution 
are not within a reasonably contiguous geographic area, such 
entities shall be considered separate campuses for purposes of 
the reporting requirements of this section.
  (7) The statistics described in clauses (i) and (ii) of 
paragraph (1)(F) shall be compiled in accordance with the 
definitions used in the uniform crime reporting system of the 
Department of Justice, Federal Bureau of Investigation, and the 
modifications in such definitions as implemented pursuant to 
the Hate Crime Statistics Act. For the offenses of domestic 
violence, dating violence, and stalking, such statistics shall 
be compiled in accordance with the definitions used in section 
40002(a) of the Violence Against Women Act of 1994 (42 U.S.C. 
13925(a)). Such statistics shall not identify victims of crimes 
or persons accused of crimes.
  (8)(A) Each institution of higher education participating in 
any program under this title and title IV of the Economic 
Opportunity Act of 1964, other than a foreign institution of 
higher education, shall develop and distribute as part of the 
report described in paragraph (1) a statement of policy 
regarding--
          (i) such institution's programs to prevent domestic 
        violence, dating violence, sexual assault, and 
        stalking; and
          (ii) the procedures that such institution will follow 
        once an incident of domestic violence, dating violence, 
        sexual assault, or stalking has been reported, 
        including a statement of the standard of evidence that 
        will be used during any institutional conduct 
        proceeding arising from such a report.
  (B) The policy described in subparagraph (A) shall address 
the following areas:
          (i) Education programs to promote the awareness of 
        rape, acquaintance rape, domestic violence, dating 
        violence, sexual assault, and stalking, which shall 
        include--
                  (I) primary prevention and awareness programs 
                for all incoming students and new employees, 
                which shall include--
                          (aa) a statement that the institution 
                        of higher education prohibits the 
                        offenses of domestic violence, dating 
                        violence, sexual assault, and stalking;
                          (bb) the definition of domestic 
                        violence, dating violence, sexual 
                        assault, and stalking in the applicable 
                        jurisdiction;
                          (cc) the definition of consent, in 
                        reference to sexual activity, in the 
                        applicable jurisdiction;
                          (dd) safe and positive options for 
                        bystander intervention that may be 
                        carried out by an individual to prevent 
                        harm or intervene when there is a risk 
                        of domestic violence, dating violence, 
                        sexual assault, or stalking against a 
                        person other than such individual;
                          (ee) information on risk reduction to 
                        recognize warning signs of abusive 
                        behavior and how to avoid potential 
                        attacks; and
                          (ff) the information described in 
                        clauses (ii) through (vii); and
                  (II) ongoing prevention and awareness 
                campaigns for students and faculty, including 
                information described in items (aa) through 
                (ff) of subclause (I).
          (ii) Possible sanctions or protective measures that 
        such institution may impose following a final 
        determination of an institutional disciplinary 
        procedure regarding rape, acquaintance rape, domestic 
        violence, dating violence, sexual assault, or stalking.
          (iii) Procedures victims should follow if a sex 
        offense, domestic violence, dating violence, sexual 
        assault, or stalking has occurred, including 
        information in writing about--
                  (I) the importance of preserving evidence as 
                may be necessary to the proof of criminal 
                domestic violence, dating violence, sexual 
                assault, or stalking, or in obtaining a 
                protection order;
                  (II) to whom the alleged offense should be 
                reported;
                  (III) options regarding law enforcement and 
                campus authorities, including notification of 
                the victim's option to--
                          (aa) notify proper law enforcement 
                        authorities, including on-campus and 
                        local police;
                          (bb) be assisted by campus 
                        authorities in notifying law 
                        enforcement authorities if the victim 
                        so chooses; and
                          (cc) decline to notify such 
                        authorities; and
                  (IV) where applicable, the rights of victims 
                and the institution's responsibilities 
                regarding orders of protection, no contact 
                orders, restraining orders, or similar lawful 
                orders issued by a criminal, civil, or tribal 
                court.
          (iv) Procedures for institutional disciplinary action 
        in cases of alleged domestic violence, dating violence, 
        sexual assault, or stalking, which shall include a 
        clear statement that--
                  (I) such proceedings shall--
                          (aa) provide a prompt, fair, and 
                        impartial investigation and resolution; 
                        and
                          (bb) be conducted by officials who 
                        receive annual training on the issues 
                        related to domestic violence, dating 
                        violence, sexual assault, and stalking 
                        and how to conduct an investigation and 
                        hearing process that protects the 
                        safety of victims and promotes 
                        accountability;
                  (II) the accuser and the accused are entitled 
                to the same opportunities to have others 
                present during an institutional disciplinary 
                proceeding, including the opportunity to be 
                accompanied to any related meeting or 
                proceeding by an advisor of their choice; and
                  (III) both the accuser and the accused shall 
                be simultaneously informed, in writing, of--
                          (aa) the outcome of any institutional 
                        disciplinary proceeding that arises 
                        from an allegation of domestic 
                        violence, dating violence, sexual 
                        assault, or stalking;
                          (bb) the institution's procedures for 
                        the accused and the victim to appeal 
                        the results of the institutional 
                        disciplinary proceeding;
                          (cc) of any change to the results 
                        that occurs prior to the time that such 
                        results become final; and
                          (dd) when such results become final.
          (v) Information about how the institution will 
        protect the confidentiality of victims, including how 
        publicly-available recordkeeping will be accomplished 
        without the inclusion of identifying information about 
        the victim, to the extent permissible by law.
          (vi) Written notification of students and employees 
        about existing counseling, health, mental health, 
        victim advocacy, legal assistance, and other services 
        available for victims both on-campus and in the 
        community.
          (vii) Written notification of victims about options 
        for, and available assistance in, changing academic, 
        living, transportation, and working situations, if so 
        requested by the victim and if such accommodations are 
        reasonably available, regardless of whether the victim 
        chooses to report the crime to campus police or local 
        law enforcement.
  (C) A student or employee who reports to an institution of 
higher education that the student or employee has been a victim 
of domestic violence, dating violence, sexual assault, or 
stalking, whether the offense occurred on or off campus, shall 
be provided with a written explanation of the student or 
employee's rights and options, as described in clauses (ii) 
through (vii) of subparagraph (B).
  (9)(A) Each institution participating in any program under 
this title, other than a foreign institution of higher 
education, shall develop, in accordance with the institution's 
statement of policy relating to hazing under paragraph (1)(K), 
a report (which shall be referred to as the ``Campus Hazing 
Transparency Report'') summarizing findings concerning any 
student organization (except that this shall only apply to 
student organizations that are established or recognized by the 
institution) found to be in violation of an institution's 
standards of conduct relating to hazing, as defined by the 
institution, (hereinafter referred to in this paragraph as a 
``hazing violation'') that requires the institution to--
          (i) beginning July 1, 2025, collect information with 
        respect to hazing incidents at the institution;
          (ii) not later than 12 months after the date of the 
        enactment of the Stop Campus Hazing Act, make the 
        Campus Hazing Transparency Report publicly available on 
        the public website of the institution; and
          (iii) not less frequently than 2 times each year, 
        update the Campus Hazing Transparency Report to 
        include, for the period beginning on the date on which 
        the Report was last published and ending on the date on 
        which such update is submitted, each incident involving 
        a student organization for which a finding of 
        responsibility is issued relating to a hazing 
        violation, including--
                  (I) the name of such student organization;
                  (II) a general description of the violation 
                that resulted in a finding of responsibility, 
                including whether the violation involved the 
                abuse or illegal use of alcohol or drugs, the 
                findings of the institution, and any sanctions 
                placed on the student organization by the 
                institution, as applicable; and
                  (III) the dates on which--
                          (aa) the incident was alleged to have 
                        occurred;
                          (bb) the investigation into the 
                        incident was initiated;
                          (cc) the investigation ended with a 
                        finding that a hazing violation 
                        occurred; and
                          (dd) the institution provided notice 
                        to the student organization that the 
                        incident resulted in a hazing 
                        violation.
  (B) The Campus Hazing Transparency Report may include--
          (i) to satisfy the requirements of this paragraph, 
        information that--
                  (I) is included as part of a report published 
                by the institution; and
                  (II) meets the requirements of the Campus 
                Hazing Transparency Report; and
          (ii) any additional information--
                  (I) determined by the institution to be 
                necessary; or
                  (II) reported as required by State law.
  (C) The Campus Hazing Transparency Report shall not include 
any personally identifiable information, including any 
information that would reveal personally identifiable 
information, about any individual student in accordance with 
section 444 of the General Education Provisions Act (commonly 
known as the ``Family Educational Rights and Privacy Act of 
1974'').
  (D) The institution shall publish, in a prominent location on 
the public website of the institution, the Campus Hazing 
Transparency Report, including--
          (i) a statement notifying the public of the annual 
        availability of statistics on hazing pursuant to the 
        report required under paragraph (1)(F), including a 
        link to such report;
          (ii) information about the institution's policies 
        relating to hazing under paragraph (1)(K) and 
        applicable local, State, and Tribal laws on hazing; and
          (iii) the information included in each update 
        required under subparagraph (A)(iii), which shall be 
        maintained for a period of 5 calendar years from the 
        date of publication of such update.
  (E) The institution may include, as part of the publication 
of the Campus Hazing Transparency Report under subparagraph 
(D), a description of the purposes of, and differences 
between--
          (i) the report required under paragraph (1)(F); and
          (ii) the Campus Hazing Transparency Report required 
        under this paragraph.
  (F) For purposes of this paragraph, the definition of 
``campus'' under paragraph (6)(A)(ii) shall not apply.
  (G) An institution described in subparagraph (A) is not 
required to--
          (i) develop the Campus Hazing Transparency Report 
        under this subsection until such institution has a 
        finding of a hazing violation; or
          (ii) update the Campus Hazing Transparency Report in 
        accordance with clause (iii) of subparagraph (A) for a 
        period described in such clause if such institution 
        does not have a finding of a hazing violation for such 
        period.
  (10) The Secretary, in consultation with the Attorney General 
of the United States, shall provide technical assistance in 
complying with the provisions of this section to an institution 
of higher education who requests such assistance.
  (11) Nothing in this section shall be construed to require 
the reporting or disclosure of privileged information.
  (12) The Secretary shall report to the appropriate committees 
of Congress each institution of higher education that the 
Secretary determines is not in compliance with the reporting 
requirements of this subsection.
  (13) For purposes of reporting the statistics with respect to 
crimes described in paragraph (1)(F), an institution of higher 
education shall distinguish, by means of separate categories, 
any criminal offenses that occur--
          (A) on campus;
          (B) in or on a noncampus building or property;
          (C) on public property; and
          (D) in dormitories or other residential facilities 
        for students on campus.
  (14) Upon a determination pursuant to section 487(c)(3)(B) 
that an institution of higher education has substantially 
misrepresented the number, location, or nature of the crimes 
required to be reported under this subsection, the Secretary 
shall impose a civil penalty upon the institution in the same 
amount and pursuant to the same procedures as a civil penalty 
is imposed under section 487(c)(3)(B).
  (15)(A) Nothing in this subsection may be construed to--
          (i) create a cause of action against any institution 
        of higher education or any employee of such an 
        institution for any civil liability; or
          (ii) establish any standard of care.
  (B) Notwithstanding any other provision of law, evidence 
regarding compliance or noncompliance with this subsection 
shall not be admissible as evidence in any proceeding of any 
court, agency, board, or other entity, except with respect to 
an action to enforce this subsection.
          (16) The Secretary shall annually report to the 
        authorizing committees regarding compliance with this 
        subsection by institutions of higher education, 
        including an up-to-date report on the Secretary's 
        monitoring of such compliance.
  (17)(A) The Secretary shall seek the advice and counsel of 
the Attorney General of the United States concerning the 
development, and dissemination to institutions of higher 
education, of best practices information about campus safety 
and emergencies.
  (B) The Secretary shall seek the advice and counsel of the 
Attorney General of the United States and the Secretary of 
Health and Human Services concerning the development, and 
dissemination to institutions of higher education, of best 
practices information about preventing and responding to 
incidents of domestic violence, dating violence, sexual 
assault, and stalking, including elements of institutional 
policies that have proven successful based on evidence-based 
outcome measurements.
  (18) No officer, employee, or agent of an institution 
participating in any program under this title shall retaliate, 
intimidate, threaten, coerce, or otherwise discriminate against 
any individual for exercising their rights or responsibilities 
under any provision of this subsection.
  (19) This subsection may be cited as the ``Jeanne Clery 
Campus Safety Act''.
  (g) Data Required.--
          (1) In general.--Each coeducational institution of 
        higher education that participates in any program under 
        this title, and has an intercollegiate athletic 
        program, shall annually, for the immediately preceding 
        academic year, prepare a report that contains the 
        following information regarding intercollegiate 
        athletics:
                  (A) The number of male and female full-time 
                undergraduates that attended the institution.
                  (B) A listing of the varsity teams that 
                competed in intercollegiate athletic 
                competition and for each such team the 
                following data:
                          (i) The total number of participants, 
                        by team, as of the day of the first 
                        scheduled contest for the team.
                          (ii) Total operating expenses 
                        attributable to such teams, except that 
                        an institution may also report such 
                        expenses on a per capita basis for each 
                        team and expenditures attributable to 
                        closely related teams such as track and 
                        field or swimming and diving, may be 
                        reported together, although such 
                        combinations shall be reported 
                        separately for men's and women's teams.
                          (iii) Whether the head coach is male 
                        or female and whether the head coach is 
                        assigned to that team on a full-time or 
                        part-time basis. Graduate assistants 
                        and volunteers who serve as head 
                        coaches shall be considered to be head 
                        coaches for the purposes of this 
                        clause.
                          (iv) The number of assistant coaches 
                        who are male and the number of 
                        assistant coaches who are female for 
                        each team and whether a particular 
                        coach is assigned to that team on a 
                        full-time or part-time basis. Graduate 
                        assistants and volunteers who serve as 
                        assistant coaches shall be considered 
                        to be assistant coaches for the 
                        purposes of this clause.
                  (C) The total amount of money spent on 
                athletically related student aid, including the 
                value of waivers of educational expenses, 
                separately for men's and women's teams overall.
                  (D) The ratio of athletically related student 
                aid awarded male athletes to athletically 
                related student aid awarded female athletes.
                  (E) The total amount of expenditures on 
                recruiting, separately for men's and women's 
                teams overall.
                  (F) The total annual revenues generated 
                across all men's teams and across all women's 
                teams, except that an institution may also 
                report such revenues by individual team.
                  (G) The average annual institutional salary 
                of the head coaches of men's teams, across all 
                offered sports, and the average annual 
                institutional salary of the head coaches of 
                women's teams, across all offered sports.
                  (H) The average annual institutional salary 
                of the assistant coaches of men's teams, across 
                all offered sports, and the average annual 
                institutional salary of the assistant coaches 
                of women's teams, across all offered sports.
                  (I)(i) The total revenues, and the revenues 
                from football, men's basketball, women's 
                basketball, all other men's sports combined and 
                all other women's sports combined, derived by 
                the institution from the institution's 
                intercollegiate athletics activities.
                  (ii) For the purpose of clause (i), revenues 
                from intercollegiate athletics activities 
                allocable to a sport shall include (without 
                limitation) gate receipts, [broadcast revenues] 
                media rights revenues (including revenues from 
                broadcasting, streaming, or digital 
                distribution of intercollegiate athletic 
                events), appearance guarantees and options, 
                concessions, and advertising, but revenues such 
                as student activities fees or alumni 
                contributions not so allocable shall be 
                included in the calculation of total revenues 
                only.
                  (J)(i) The total expenses, and the expenses 
                attributable to football, men's basketball, 
                women's basketball, all other men's sports 
                combined, and all other women's sports 
                combined, made by the institution for the 
                institution's intercollegiate athletics 
                activities.
                  (ii) For the purpose of clause (i), expenses 
                for intercollegiate athletics activities 
                allocable to a sport shall include (without 
                limitation) grants-in-aid, salaries, travel, 
                equipment, and supplies, but expenses such as 
                general and administrative overhead not so 
                allocable shall be included in the calculation 
                of total expenses only.
                  (K) With respect to fees charged to students 
                to support intercollegiate athletic programs--
                          (i) the total amount of such fees 
                        charged to students;
                          (ii) the uses of such fees with 
                        respect to facilities, operating 
                        expenses, scholarships, payments to 
                        athletes, salaries of coaches and 
                        support staff, and any other expenses 
                        reported under this paragraph; and
                          (iii) the percentage of the total 
                        cost of such programs covered by such 
                        fees.
          (2) Special rule.--For the purposes of paragraph 
        (1)(G), if a coach has responsibilities for more than 
        one team and the institution does not allocate such 
        coach's salary by team, the institution should divide 
        the salary by the number of teams for which the coach 
        has responsibility and allocate the salary among the 
        teams on a basis consistent with the coach's 
        responsibilities for the different teams.
          (3) Disclosure of information to students and 
        public.--An institution of higher education described 
        in paragraph (1) shall make available to students and 
        potential students, upon request, and to the public, 
        the information contained in the report described in 
        paragraph (1), except [that all students] that--
                  (A) all students  shall be informed of their 
                right to request such information[.]; and
                  (B) with respect to the information described 
                in paragraph (1)(K), the institution shall 
                annually publish such information on a publicly 
                available website of the institution not later 
                than October 15 following the end of each 
                fiscal year of the institution.
          (4) Submission; report; information availability.--
        (A) On an annual basis, each institution of higher 
        education described in paragraph (1) shall provide to 
        the Secretary, within 15 days of the date that the 
        institution makes available the report under paragraph 
        (1), the information contained in the report.
          (B) The Secretary shall ensure that the reports 
        described in subparagraph (A) are made available to the 
        public within a reasonable period of time.
          (C) Not later than 180 days after the date of 
        enactment of the Higher Education Amendments of 1998, 
        the Secretary shall notify all secondary schools in all 
        States regarding the availability of the information 
        made available under paragraph (1), and how such 
        information may be accessed.
          (5) Definition.--For the purposes of this subsection, 
        the term ``operating expenses'' means expenditures on 
        lodging and meals, transportation, officials, uniforms 
        and equipment.
  (h) Transfer of Credit Policies.--
          (1) Disclosure.--Each institution of higher education 
        participating in any program under this title shall 
        publicly disclose, in a readable and comprehensible 
        manner, the transfer of credit policies established by 
        the institution which shall include a statement of the 
        institution's current transfer of credit policies that 
        includes, at a minimum--
                  (A) any established criteria the institution 
                uses regarding the transfer of credit earned at 
                another institution of higher education; and
                  (B) a list of institutions of higher 
                education with which the institution has 
                established an articulation agreement.
          (2) Rule of construction.--Nothing in this subsection 
        shall be construed to--
                  (A) authorize the Secretary or the National 
                Advisory Committee on Institutional Quality and 
                Integrity to require particular policies, 
                procedures, or practices by institutions of 
                higher education with respect to transfer of 
                credit;
                  (B) authorize an officer or employee of the 
                Department to exercise any direction, 
                supervision, or control over the curriculum, 
                program of instruction, administration, or 
                personnel of any institution of higher 
                education, or over any accrediting agency or 
                association;
                  (C) limit the application of the General 
                Education Provisions Act; or
                  (D) create any legally enforceable right on 
                the part of a student to require an institution 
                of higher education to accept a transfer of 
                credit from another institution.
  (i) Disclosure of Fire Safety Standards and Measures.--
          (1) Annual fire safety reports on student housing 
        required.--Each eligible institution participating in 
        any program under this title that maintains on-campus 
        student housing facilities shall, on an annual basis, 
        publish a fire safety report, which shall contain 
        information with respect to the campus fire safety 
        practices and standards of that institution, 
        including--
                  (A) statistics concerning the following in 
                each on-campus student housing facility during 
                the most recent calendar years for which data 
                are available:
                          (i) the number of fires and the cause 
                        of each fire;
                          (ii) the number of injuries related 
                        to a fire that result in treatment at a 
                        medical facility;
                          (iii) the number of deaths related to 
                        a fire; and
                          (iv) the value of property damage 
                        caused by a fire;
                  (B) a description of each on-campus student 
                housing facility fire safety system, including 
                the fire sprinkler system;
                  (C) the number of regular mandatory 
                supervised fire drills;
                  (D) policies or rules on portable electrical 
                appliances, smoking, and open flames (such as 
                candles), procedures for evacuation, and 
                policies regarding fire safety education and 
                training programs provided to students, 
                faculty, and staff; and
                  (E) plans for future improvements in fire 
                safety, if determined necessary by such 
                institution.
          (2) Report to the secretary.--Each institution 
        described in paragraph (1) shall, on an annual basis, 
        submit to the Secretary a copy of the statistics 
        required to be made available under paragraph (1)(A).
          (3) Current information to campus community.--Each 
        institution described in paragraph (1) shall--
                  (A) make, keep, and maintain a log, recording 
                all fires in on-campus student housing 
                facilities, including the nature, date, time, 
                and general location of each fire; and
                  (B) make annual reports to the campus 
                community on such fires.
          (4) Responsibilities of the secretary.--The Secretary 
        shall--
                  (A) make the statistics submitted under 
                paragraph (1)(A) to the Secretary available to 
                the public; and
                  (B) in coordination with nationally 
                recognized fire organizations and 
                representatives of institutions of higher 
                education, representatives of associations of 
                institutions of higher education, and other 
                organizations that represent and house a 
                significant number of students--
                          (i) identify exemplary fire safety 
                        policies, procedures, programs, and 
                        practices, including the installation, 
                        to the technical standards of the 
                        National Fire Protection Association, 
                        of fire detection, prevention, and 
                        protection technologies in student 
                        housing, dormitories, and other 
                        buildings;
                          (ii) disseminate the exemplary 
                        policies, procedures, programs and 
                        practices described in clause (i) to 
                        the Administrator of the United States 
                        Fire Administration;
                          (iii) make available to the public 
                        information concerning those policies, 
                        procedures, programs, and practices 
                        that have proven effective in the 
                        reduction of fires; and
                          (iv) develop a protocol for 
                        institutions to review the status of 
                        their fire safety systems.
          (5) Rules of construction.--Nothing in this 
        subsection shall be construed to--
                  (A) authorize the Secretary to require 
                particular policies, procedures, programs, or 
                practices by institutions of higher education 
                with respect to fire safety, other than with 
                respect to the collection, reporting, and 
                dissemination of information required by this 
                subsection;
                  (B) affect section 444 of the General 
                Education Provisions Act (commonly known as the 
                ``Family Educational Rights and Privacy Act of 
                1974'') or the regulations issued under section 
                264 of the Health Insurance Portability and 
                Accountability Act of 1996 (42 U.S.C. 1320d-2 
                note);
                  (C) create a cause of action against any 
                institution of higher education or any employee 
                of such an institution for any civil liability; 
                or
                  (D) establish any standard of care.
          (6) Compliance report.--The Secretary shall annually 
        report to the authorizing committees regarding 
        compliance with this subsection by institutions of 
        higher education, including an up-to-date report on the 
        Secretary's monitoring of such compliance.
          (7) Evidence.--Notwithstanding any other provision of 
        law, evidence regarding compliance or noncompliance 
        with this subsection shall not be admissible as 
        evidence in any proceeding of any court, agency, board, 
        or other entity, except with respect to an action to 
        enforce this subsection.
  (j) Missing Person Procedures.--
          (1) Option and procedures.--Each institution of 
        higher education that provides on-campus housing and 
        participates in any program under this title shall--
                  (A) establish a missing student notification 
                policy for students who reside in on-campus 
                housing that--
                          (i) informs each such student that 
                        such student has the option to identify 
                        an individual to be contacted by the 
                        institution not later than 24 hours 
                        after the time that the student is 
                        determined missing in accordance with 
                        official notification procedures 
                        established by the institution under 
                        subparagraph (B);
                          (ii) provides each such student a 
                        means to register confidential contact 
                        information in the event that the 
                        student is determined to be missing for 
                        a period of more than 24 hours;
                          (iii) advises each such student who 
                        is under 18 years of age, and not an 
                        emancipated individual, that the 
                        institution is required to notify a 
                        custodial parent or guardian not later 
                        24 hours after the time that the 
                        student is determined to be missing in 
                        accordance with such procedures;
                          (iv) informs each such residing 
                        student that the institution will 
                        notify the appropriate law enforcement 
                        agency not later than 24 hours after 
                        the time that the student is determined 
                        missing in accordance with such 
                        procedures; and
                          (v) requires, if the campus security 
                        or law enforcement personnel has been 
                        notified and makes a determination that 
                        a student who is the subject of a 
                        missing person report has been missing 
                        for more than 24 hours and has not 
                        returned to the campus, the institution 
                        to initiate the emergency contact 
                        procedures in accordance with the 
                        student's designation; and
                  (B) establish official notification 
                procedures for a missing student who resides in 
                on-campus housing that--
                          (i) includes procedures for official 
                        notification of appropriate individuals 
                        at the institution that such student 
                        has been missing for more than 24 
                        hours;
                          (ii) requires any official missing 
                        person report relating to such student 
                        be referred immediately to the 
                        institution's police or campus security 
                        department; and
                          (iii) if, on investigation of the 
                        official report, such department 
                        determines that the missing student has 
                        been missing for more than 24 hours, 
                        requires--
                                  (I) such department to 
                                contact the individual 
                                identified by such student 
                                under subparagraph (A)(i);
                                  (II) if such student is under 
                                18 years of age, and not an 
                                emancipated individual, the 
                                institution to immediately 
                                contact the custodial parent or 
                                legal guardian of such student; 
                                and
                                  (III) if subclauses (I) or 
                                (II) do not apply to a student 
                                determined to be a missing 
                                person, inform the appropriate 
                                law enforcement agency.
          (2) Rule of construction.--Nothing in this subsection 
        shall be construed--
                  (A) to provide a private right of action to 
                any person to enforce any provision of this 
                subsection; or
                  (B) to create a cause of action against any 
                institution of higher education or any employee 
                of the institution for any civil liability.
  (l) Entrance Counseling for Borrowers.--
          (1) Disclosure required prior to disbursement.--
                  (A) In general.--Each eligible institution 
                shall, at or prior to the time of a 
                disbursement to a first-time borrower of a loan 
                made, insured, or guaranteed under part B 
                (other than a loan made pursuant to section 
                428C or a loan made on behalf of a student 
                pursuant to section 428B) or made under part D 
                (other than a Federal Direct Consolidation Loan 
                or a Federal Direct PLUS loan made on behalf of 
                a student), ensure that the borrower receives 
                comprehensive information on the terms and 
                conditions of the loan and of the 
                responsibilities the borrower has with respect 
                to such loan in accordance with paragraph (2). 
                Such information--
                          (i) shall be provided in a simple and 
                        understandable manner; and
                          (ii) may be provided--
                                  (I) during an entrance 
                                counseling session conduction 
                                in person;
                                  (II) on a separate written 
                                form provided to the borrower 
                                that the borrower signs and 
                                returns to the institution; or
                                  (III) online, with the 
                                borrower acknowledging receipt 
                                of the information.
                  (B) Use of interactive programs.--The 
                Secretary shall encourage institutions to carry 
                out the requirements of subparagraph (A) 
                through the use of interactive programs that 
                test the borrower's understanding of the terms 
                and conditions of the borrower's loans under 
                part B or D, using simple and understandable 
                language and clear formatting.
          (2) Information to be provided.--The information to 
        be provided to the borrower under paragraph (1)(A) 
        shall include the following:
                  (A) To the extent practicable, the effect of 
                accepting the loan to be disbursed on the 
                eligibility of the borrower for other forms of 
                student financial assistance.
                  (B) An explanation of the use of the master 
                promissory note.
                  (C) Information on how interest accrues and 
                is capitalized during periods when the interest 
                is not paid by either the borrower or the 
                Secretary.
                  (D) In the case of a loan made under section 
                428B or 428H, a Federal Direct PLUS Loan, or a 
                Federal Direct Unsubsidized Stafford Loan, the 
                option of the borrower to pay the interest 
                while the borrower is in school.
                  (E) The definition of half-time enrollment at 
                the institution, during regular terms and 
                summer school, if applicable, and the 
                consequences of not maintaining half-time 
                enrollment.
                  (F) An explanation of the importance of 
                contacting the appropriate offices at the 
                institution of higher education if the borrower 
                withdraws prior to completing the borrower's 
                program of study so that the institution can 
                provide exit counseling, including information 
                regarding the borrower's repayment options and 
                loan consolidation.
                  (G) Sample monthly repayment amounts based 
                on--
                          (i) a range of levels of indebtedness 
                        of--
                                  (I) borrowers of loans under 
                                section 428 or 428H; and
                                  (II) as appropriate, graduate 
                                borrowers of loans under 
                                section 428, 428B, or 428H; or
                          (ii) the average cumulative 
                        indebtedness of other borrowers in the 
                        same program as the borrower at the 
                        same institution.
                  (H) The obligation of the borrower to repay 
                the full amount of the loan, regardless of 
                whether the borrower completes or does not 
                complete the program in which the borrower is 
                enrolled within the regular time for program 
                completion.
                  (I) The likely consequences of default on the 
                loan, including adverse credit reports, 
                delinquent debt collection procedures under 
                Federal law, and litigation.
                  (J) Information on the National Student Loan 
                Data System and how the borrower can access the 
                borrower's records.
                  (K) The name of and contact information for 
                the individual the borrower may contact if the 
                borrower has any questions about the borrower's 
                rights and responsibilities or the terms and 
                conditions of the loan.
  (m) Disclosures of Reimbursements for Service on Advisory 
Boards.--
          (1) Disclosure.--Each institution of higher education 
        participating in any program under this title shall 
        report, on an annual basis, to the Secretary, any 
        reasonable expenses paid or provided under section 
        140(d) of the Truth in Lending Act to any employee who 
        is employed in the financial aid office of the 
        institution, or who otherwise has responsibilities with 
        respect to education loans or other financial aid of 
        the institution. Such reports shall include--
                  (A) the amount for each specific instance of 
                reasonable expenses paid or provided;
                  (B) the name of the financial aid official, 
                other employee, or agent to whom the expenses 
                were paid or provided;
                  (C) the dates of the activity for which the 
                expenses were paid or provided; and
                  (D) a brief description of the activity for 
                which the expenses were paid or provided.
          (2) Report to congress.--The Secretary shall 
        summarize the information received from institutions of 
        higher education under paragraph (1) in a report and 
        transmit such report annually to the authorizing 
        committees.

           *       *       *       *       *       *       *

SEC. 487. PROGRAM PARTICIPATION AGREEMENTS.

  (a) Required for Programs of Assistance; Contents.--In order 
to be an eligible institution for the purposes of any program 
authorized under this title, an institution must be an 
institution of higher education or an eligible institution (as 
that term is defined for the purpose of that program) and 
shall, except with respect to a program under subpart 4 of part 
A, enter into a program participation agreement with the 
Secretary. The agreement shall condition the initial and 
continuing eligibility of an institution to participate in a 
program upon compliance with the following requirements:
          (1) The institution will use funds received by it for 
        any program under this title and any interest or other 
        earnings thereon solely for the purpose specified in 
        and in accordance with the provision of that program.
          (2) The institution shall not charge any student a 
        fee for processing or handling any application, form, 
        or data required to determine the student's eligibility 
        for assistance under this title or the amount of such 
        assistance.
          (3) The institution will establish and maintain such 
        administrative and fiscal procedures and records as may 
        be necessary to ensure proper and efficient 
        administration of funds received from the Secretary or 
        from students under this title, together with 
        assurances that the institution will provide, upon 
        request and in a timely fashion, information relating 
        to the administrative capability and financial 
        responsibility of the institution to--
                  (A) the Secretary;
                  (B) the appropriate guaranty agency; and
                  (C) the appropriate accrediting agency or 
                association.
          (4) The institution will comply with the provisions 
        of subsection (c) of this section and the regulations 
        prescribed under that subsection, relating to fiscal 
        eligibility.
          (5) The institution will submit reports to the 
        Secretary and, in the case of an institution 
        participating in a program under part B or part E, to 
        holders of loans made to the institution's students 
        under such parts at such times and containing such 
        information as the Secretary may reasonably require to 
        carry out the purpose of this title.
          (6) The institution will not provide any student with 
        any statement or certification to any lender under part 
        B that qualifies the student for a loan or loans in 
        excess of the amount that student is eligible to borrow 
        in accordance with sections 425(a), 428(a)(2), and 
        428(b)(1) (A) and (B).
          (7) The institution will comply with the requirements 
        of section 485.
          (8) In the case of an institution that advertises job 
        placement rates as a means of attracting students to 
        enroll in the institution, the institution will make 
        available to prospective students, at or before the 
        time of application (A) the most recent available data 
        concerning employment statistics, graduation 
        statistics, and any other information necessary to 
        substantiate the truthfulness of the advertisements, 
        and (B) relevant State licensing requirements of the 
        State in which such institution is located for any job 
        for which the course of instruction is designed to 
        prepare such prospective students.
          (9) In the case of an institution participating in a 
        program under part B or D, the institution will inform 
        all eligible borrowers enrolled in the institution 
        about the availability and eligibility of such 
        borrowers for State grant assistance from the State in 
        which the institution is located, and will inform such 
        borrowers from another State of the source for further 
        information concerning such assistance from that State.
          (10) The institution certifies that it has in 
        operation a drug abuse prevention program that is 
        determined by the institution to be accessible to any 
        officer, employee, or student at the institution.
          (11) In the case of any institution whose students 
        receive financial assistance pursuant to section 
        484(d), the institution will make available to such 
        students a program proven successful in assisting 
        students in obtaining a certificate of high school 
        equivalency.
          (12) The institution certifies that--
                  (A) the institution has established a campus 
                security policy; and
                  (B) the institution has complied with the 
                disclosure requirements of section 485(f).
          (13) The institution will not deny any form of 
        Federal financial aid to any student who meets the 
        eligibility requirements of this title on the grounds 
        that the student is participating in a program of study 
        abroad approved for credit by the institution.
          (14)(A) The institution, in order to participate as 
        an eligible institution under part B or D, will develop 
        a Default Management Plan for approval by the Secretary 
        as part of its initial application for certification as 
        an eligible institution and will implement such Plan 
        for two years thereafter.
          (B) Any institution of higher education which changes 
        ownership and any eligible institution which changes 
        its status as a parent or subordinate institution 
        shall, in order to participate as an eligible 
        institution under part B or D, develop a Default 
        Management Plan for approval by the Secretary and 
        implement such Plan for two years after its change of 
        ownership or status.
          (C) This paragraph shall not apply in the case of an 
        institution in which (i) neither the parent nor the 
        subordinate institution has a cohort default rate in 
        excess of 10 percent, and (ii) the new owner of such 
        parent or subordinate institution does not, and has 
        not, owned any other institution with a cohort default 
        rate in excess of 10 percent.
          (15) The institution acknowledges the authority of 
        the Secretary, guaranty agencies, lenders, accrediting 
        agencies, the Secretary of Veterans Affairs, and the 
        State agencies under subpart 1 of part H to share with 
        each other any information pertaining to the 
        institution's eligibility to participate in programs 
        under this title or any information on fraud and abuse.
          (16)(A) The institution will not knowingly employ an 
        individual in a capacity that involves the 
        administration of programs under this title, or the 
        receipt of program funds under this title, who has been 
        convicted of, or has pled nolo contendere or guilty to, 
        a crime involving the acquisition, use, or expenditure 
        of funds under this title, or has been judicially 
        determined to have committed fraud involving funds 
        under this title or contract with an institution or 
        third party servicer that has been terminated under 
        section 432 involving the acquisition, use, or 
        expenditure of funds under this title, or who has been 
        judicially determined to have committed fraud involving 
        funds under this title.
          (B) The institution will not knowingly contract with 
        or employ any individual, agency, or organization that 
        has been, or whose officers or employees have been--
                  (i) convicted of, or pled nolo contendere or 
                guilty to, a crime involving the acquisition, 
                use, or expenditure of funds under this title; 
                or
                  (ii) judicially determined to have committed 
                fraud involving funds under this title.
          (17) The institution will complete surveys conducted 
        as a part of the Integrated Postsecondary Education 
        Data System (IPEDS) or any other Federal postsecondary 
        institution data collection effort, as designated by 
        the Secretary, in a timely manner and to the 
        satisfaction of the Secretary.
          (18) The institution will meet the requirements 
        established pursuant to section 485(g).
          (19) The institution will not impose any penalty, 
        including the assessment of late fees, the denial of 
        access to classes, libraries, or other institutional 
        facilities, or the requirement that the student borrow 
        additional funds, on any student because of the 
        student's inability to meet his or her financial 
        obligations to the institution as a result of the 
        delayed disbursement of the proceeds of a loan made 
        under this title due to compliance with the provisions 
        of this title, or delays attributable to the 
        institution.
          (20) The institution will not provide any commission, 
        bonus, or other incentive payment based directly or 
        indirectly on success in securing enrollments or 
        financial aid to any persons or entities engaged in any 
        student recruiting or admission activities or in making 
        decisions regarding the award of student financial 
        assistance, except that this paragraph shall not apply 
        to the recruitment of foreign students residing in 
        foreign countries who are not eligible to receive 
        Federal student assistance.
          (21) The institution will meet the requirements 
        established by the Secretary and accrediting agencies 
        or associations, and will provide evidence to the 
        Secretary that the institution has the authority to 
        operate within a State.
          (22) The institution will comply with the refund 
        policy established pursuant to section 484B.
          (23)(A) The institution, if located in a State to 
        which section 4(b) of the National Voter Registration 
        Act of 1993 (42 U.S.C. 1973gg-2(b)) does not apply, 
        will make a good faith effort to distribute a mail 
        voter registration form, requested and received from 
        the State, to each student enrolled in a degree or 
        certificate program and physically in attendance at the 
        institution, and to make such forms widely available to 
        students at the institution.
          (B) The institution shall request the forms from the 
        State 120 days prior to the deadline for registering to 
        vote within the State. If an institution has not 
        received a sufficient quantity of forms to fulfill this 
        section from the State within 60 days prior to the 
        deadline for registering to vote in the State, the 
        institution shall not be held liable for not meeting 
        the requirements of this section during that election 
        year.
          (C) This paragraph shall apply to general and special 
        elections for Federal office, as defined in section 
        301(3) of the Federal Election Campaign Act of 1971 (2 
        U.S.C. 431(3)), and to the elections for Governor or 
        other chief executive within such State).
                  (D) The institution shall be considered in 
                compliance with the requirements of 
                subparagraph (A) for each student to whom the 
                institution electronically transmits a message 
                containing a voter registration form acceptable 
                for use in the State in which the institution 
                is located, or an Internet address where such a 
                form can be downloaded, if such information is 
                in an electronic message devoted exclusively to 
                voter registration.
          (24) In the case of a proprietary institution of 
        higher education (as defined in section 102(b)), such 
        institution will derive not less than ten percent of 
        such institution's revenues from sources other than 
        Federal funds that are disbursed or delivered to or on 
        behalf of a student to be used to attend such 
        institution (referred to in this paragraph and 
        subsection (d) as ``Federal education assistance 
        funds''), as calculated in accordance with subsection 
        (d)(1), or will be subject to the sanctions described 
        in subsection (d)(2).
          (25) In the case of an institution that participates 
        in a loan program under this title, the institution 
        will--
                  (A) develop a code of conduct with respect to 
                such loans with which the institution's 
                officers, employees, and agents shall comply, 
                that--
                          (i) prohibits a conflict of interest 
                        with the responsibilities of an 
                        officer, employee, or agent of an 
                        institution with respect to such loans; 
                        and
                          (ii) at a minimum, includes the 
                        provisions described in subsection (e);
                  (B) publish such code of conduct prominently 
                on the institution's website; and
                  (C) administer and enforce such code by, at a 
                minimum, requiring that all of the 
                institution's officers, employees, and agents 
                with responsibilities with respect to such 
                loans be annually informed of the provisions of 
                the code of conduct.
          (26) The institution will, upon written request, 
        disclose to the alleged victim of any crime of violence 
        (as that term is defined in section 16 of title 18, 
        United States Code), or a nonforcible sex offense, the 
        report on the results of any disciplinary proceeding 
        conducted by such institution against a student who is 
        the alleged perpetrator of such crime or offense with 
        respect to such crime or offense. If the alleged victim 
        of such crime or offense is deceased as a result of 
        such crime or offense, the next of kin of such victim 
        shall be treated as the alleged victim for purposes of 
        this paragraph.
          (27) In the case of an institution that has entered 
        into a preferred lender arrangement, the institution 
        will at least annually compile, maintain, and make 
        available for students attending the institution, and 
        the families of such students, a list, in print or 
        other medium, of the specific lenders for loans made, 
        insured, or guaranteed under this title or private 
        education loans that the institution recommends, 
        promotes, or endorses in accordance with such preferred 
        lender arrangement. In making such list, the 
        institution shall comply with the requirements of 
        subsection (h).
          (28)(A) The institution will, upon the request of an 
        applicant for a private education loan, provide to the 
        applicant the form required under section 128(e)(3) of 
        the Truth in Lending Act (15 U.S.C. 1638(e)(3)), and 
        the information required to complete such form, to the 
        extent the institution possesses such information.
          (B) For purposes of this paragraph, the term 
        ``private education loan'' has the meaning given such 
        term in section 140 of the Truth in Lending Act.
          (29) The institution certifies that the institution--
                  (A) has developed plans to effectively combat 
                the unauthorized distribution of copyrighted 
                material, including through the use of a 
                variety of technology-based deterrents; and
                  (B) will, to the extent practicable, offer 
                alternatives to illegal downloading or peer-to-
                peer distribution of intellectual property, as 
                determined by the institution in consultation 
                with the chief technology officer or other 
                designated officer of the institution.
          (30) In the case of an institution that, for the most 
        recently completed fiscal year, had annual media rights 
        revenues (as described in section 485(g)(1)(I)(ii)) of 
        $50,000,000 or more, the institution will not, for the 
        fiscal year immediately following such fiscal year, use 
        student fees to support intercollegiate athletic 
        programs, including with respect to facilities, 
        operating expenses (as defined in section 485(g)), 
        scholarships, payments to athletes, salaries of coaches 
        and support staff, and any other expenses reported 
        under section 485(g)(1).
  (b) Hearings.--(1) An institution that has received written 
notice of a final audit or program review determination and 
that desires to have such determination reviewed by the 
Secretary shall submit to the Secretary a written request for 
review not later than 45 days after receipt of notification of 
the final audit or program review determination.
  (2) The Secretary shall, upon receipt of written notice under 
paragraph (1), arrange for a hearing and notify the institution 
within 30 days of receipt of such notice the date, time, and 
place of such hearing. Such hearing shall take place not later 
than 120 days from the date upon which the Secretary notifies 
the institution.
  (c) Audits; Financial Responsibility; Enforcement of 
Standards.--(1) Notwithstanding any other provisions of this 
title, the Secretary shall prescribe such regulations as may be 
necessary to provide for--
          (A)(i) except as provided in clauses (ii) and (iii), 
        a financial audit of an eligible institution with 
        regard to the financial condition of the institution in 
        its entirety, and a compliance audit of such 
        institution with regard to any funds obtained by it 
        under this title or obtained from a student or a parent 
        who has a loan insured or guaranteed by the Secretary 
        under this title, on at least an annual basis and 
        covering the period since the most recent audit, 
        conducted by a qualified, independent organization or 
        person in accordance with standards established by the 
        Comptroller General for the audit of governmental 
        organizations, programs, and functions, and as 
        prescribed in regulations of the Secretary, the results 
        of which shall be submitted to the Secretary and shall 
        be available to cognizant guaranty agencies, eligible 
        lenders, State agencies, and the appropriate State 
        agency notifying the Secretary under subpart 1 of part 
        H, except that the Secretary may modify the 
        requirements of this clause with respect to 
        institutions of higher education that are foreign 
        institutions, and may waive such requirements with 
        respect to a foreign institution whose students receive 
        less than $500,000 in loans under this title during the 
        award year preceding the audit period;
          (ii) with regard to an eligible institution which is 
        audited under chapter 75 of title 31, United States 
        Code, deeming such audit to satisfy the requirements of 
        clause (i) for the period covered by such audit; or
          (iii) at the discretion of the Secretary, with regard 
        to an eligible institution (other than an eligible 
        institution described in section 102(a)(1)(C)) that has 
        obtained less than $200,000 in funds under this title 
        during each of the 2 award years that precede the audit 
        period and submits a letter of credit payable to the 
        Secretary equal to not less than \1/2\ of the annual 
        potential liabilities of such institution as determined 
        by the Secretary, deeming an audit conducted every 3 
        years to satisfy the requirements of clause (i), except 
        for the award year immediately preceding renewal of the 
        institution's eligibility under section 498(g);
          (B) in matters not governed by specific program 
        provisions, the establishment of reasonable standards 
        of financial responsibility and appropriate 
        institutional capability for the administration by an 
        eligible institution of a program of student financial 
        aid under this title, including any matter the 
        Secretary deems necessary to the sound administration 
        of the financial aid programs, such as the pertinent 
        actions of any owner, shareholder, or person exercising 
        control over an eligible institution;
          (C)(i) except as provided in clause (ii), a 
        compliance audit of a third party servicer (other than 
        with respect to the servicer's functions as a lender if 
        such functions are otherwise audited under this part 
        and such audits meet the requirements of this clause), 
        with regard to any contract with an eligible 
        institution, guaranty agency, or lender for 
        administering or servicing any aspect of the student 
        assistance programs under this title, at least once 
        every year and covering the period since the most 
        recent audit, conducted by a qualified, independent 
        organization or person in accordance with standards 
        established by the Comptroller General for the audit of 
        governmental organizations, programs, and functions, 
        and as prescribed in regulations of the Secretary, the 
        results of which shall be submitted to the Secretary; 
        or
          (ii) with regard to a third party servicer that is 
        audited under chapter 75 of title 31, United States 
        Code, such audit shall be deemed to satisfy the 
        requirements of clause (i) for the period covered by 
        such audit;
          (D)(i) a compliance audit of a secondary market with 
        regard to its transactions involving, and its servicing 
        and collection of, loans made under this title, at 
        least once a year and covering the period since the 
        most recent audit, conducted by a qualified, 
        independent organization or person in accordance with 
        standards established by the Comptroller General for 
        the audit of governmental organizations, programs, and 
        functions, and as prescribed in regulations of the 
        Secretary, the results of which shall be submitted to 
        the Secretary; or
          (ii) with regard to a secondary market that is 
        audited under chapter 75 of title 31, United States 
        Code, such audit shall be deemed to satisfy the 
        requirements of clause (i) for the period covered by 
        the audit;
          (E) the establishment, by each eligible institution 
        under part B responsible for furnishing to the lender 
        the statement required by section 428(a)(2)(A)(i), of 
        policies and procedures by which the latest known 
        address and enrollment status of any student who has 
        had a loan insured under this part and who has either 
        formally terminated his enrollment, or failed to re-
        enroll on at least a half-time basis, at such 
        institution, shall be furnished either to the holder 
        (or if unknown, the insurer) of the note, not later 
        than 60 days after such termination or failure to re-
        enroll;
          (F) the limitation, suspension, or termination of the 
        participation in any program under this title of an 
        eligible institution, or the imposition of a civil 
        penalty under paragraph (3)(B) whenever the Secretary 
        has determined, after reasonable notice and opportunity 
        for hearing, that such institution has violated or 
        failed to carry out any provision of this title, any 
        regulation prescribed under this title, or any 
        applicable special arrangement, agreement, or 
        limitation, except that no period of suspension under 
        this section shall exceed 60 days unless the 
        institution and the Secretary agree to an extension or 
        unless limitation or termination proceedings are 
        initiated by the Secretary within that period of time;
          (G) an emergency action against an institution, under 
        which the Secretary shall, effective on the date on 
        which a notice and statement of the basis of the action 
        is mailed to the institution (by registered mail, 
        return receipt requested), withhold funds from the 
        institution or its students and withdraw the 
        institution's authority to obligate funds under any 
        program under this title, if the Secretary--
                  (i) receives information, determined by the 
                Secretary to be reliable, that the institution 
                is violating any provision of this title, any 
                regulation prescribed under this title, or any 
                applicable special arrangement, agreement, or 
                limitation,
                  (ii) determines that immediate action is 
                necessary to prevent misuse of Federal funds, 
                and
                  (iii) determines that the likelihood of loss 
                outweighs the importance of the procedures 
                prescribed under subparagraph (D) for 
                limitation, suspension, or termination,
        except that an emergency action shall not exceed 30 
        days unless limitation, suspension, or termination 
        proceedings are initiated by the Secretary against the 
        institution within that period of time, and except that 
        the Secretary shall provide the institution an 
        opportunity to show cause, if it so requests, that the 
        emergency action is unwarranted;
          (H) the limitation, suspension, or termination of the 
        eligibility of a third party servicer to contract with 
        any institution to administer any aspect of an 
        institution's student assistance program under this 
        title, or the imposition of a civil penalty under 
        paragraph (3)(B), whenever the Secretary has 
        determined, after reasonable notice and opportunity for 
        a hearing, that such organization, acting on behalf of 
        an institution, has violated or failed to carry out any 
        provision of this title, any regulation prescribed 
        under this title, or any applicable special 
        arrangement, agreement, or limitation, except that no 
        period of suspension under this subparagraph shall 
        exceed 60 days unless the organization and the 
        Secretary agree to an extension, or unless limitation 
        or termination proceedings are initiated by the 
        Secretary against the individual or organization within 
        that period of time; and
          (I) an emergency action against a third party 
        servicer that has contracted with an institution to 
        administer any aspect of the institution's student 
        assistance program under this title, under which the 
        Secretary shall, effective on the date on which a 
        notice and statement of the basis of the action is 
        mailed to such individual or organization (by 
        registered mail, return receipt requested), withhold 
        funds from the individual or organization and withdraw 
        the individual or organization's authority to act on 
        behalf of an institution under any program under this 
        title, if the Secretary--
                  (i) receives information, determined by the 
                Secretary to be reliable, that the individual 
                or organization, acting on behalf of an 
                institution, is violating any provision of this 
                title, any regulation prescribed under this 
                title, or any applicable special arrangement, 
                agreement, or limitation,
                  (ii) determines that immediate action is 
                necessary to prevent misuse of Federal funds, 
                and
                  (iii) determines that the likelihood of loss 
                outweighs the importance of the procedures 
                prescribed under subparagraph (F), for 
                limitation, suspension, or termination,
        except that an emergency action shall not exceed 30 
        days unless the limitation, suspension, or termination 
        proceedings are initiated by the Secretary against the 
        individual or organization within that period of time, 
        and except that the Secretary shall provide the 
        individual or organization an opportunity to show 
        cause, if it so requests, that the emergency action is 
        unwarranted.
  (2) If an individual who, or entity that, exercises 
substantial control, as determined by the Secretary in 
accordance with the definition of substantial control in 
subpart 3 of part H, over one or more institutions 
participating in any program under this title, or, for purposes 
of paragraphs (1) (H) and (I), over one or more organizations 
that contract with an institution to administer any aspect of 
the institution's student assistance program under this title, 
is determined to have committed one or more violations of the 
requirements of any program under this title, or has been 
suspended or debarred in accordance with the regulations of the 
Secretary, the Secretary may use such determination, 
suspension, or debarment as the basis for imposing an emergency 
action on, or limiting, suspending, or terminating, in a single 
proceeding, the participation of any or all institutions under 
the substantial control of that individual or entity.
  (3)(A) Upon determination, after reasonable notice and 
opportunity for a hearing, that an eligible institution has 
engaged in substantial misrepresentation of the nature of its 
educational program, its financial charges, or the 
employability of its graduates, the Secretary may suspend or 
terminate the eligibility status for any or all programs under 
this title of any otherwise eligible institution, in accordance 
with procedures specified in paragraph (1)(D) of this 
subsection, until the Secretary finds that such practices have 
been corrected.
  (B)(i) Upon determination, after reasonable notice and 
opportunity for a hearing, that an eligible institution--
          (I) has violated or failed to carry out any provision 
        of this title or any regulation prescribed under this 
        title; or
          (II) has engaged in substantial misrepresentation of 
        the nature of its educational program, its financial 
        charges, and the employability of its graduates,
the Secretary may impose a civil penalty upon such institution 
of not to exceed $25,000 for each violation or 
misrepresentation.
  (ii) Any civil penalty may be compromised by the Secretary. 
In determining the amount of such penalty, or the amount agreed 
upon in compromise, the appropriateness of the penalty to the 
size of the institution of higher education subject to the 
determination, and the gravity of the violation, failure, or 
misrepresentation shall be considered. The amount of such 
penalty, when finally determined, or the amount agreed upon in 
compromise, may be deducted from any sums owing by the United 
States to the institution charged.
  (4) The Secretary shall publish a list of State agencies 
which the Secretary determines to be reliable authority as to 
the quality of public postsecondary vocational education in 
their respective States for the purpose of determining 
eligibility for all Federal student assistance programs.
  (5) The Secretary shall make readily available to appropriate 
guaranty agencies, eligible lenders, State agencies notifying 
the Secretary under subpart 1 of part H, and accrediting 
agencies or associations the results of the audits of eligible 
institutions conducted pursuant to paragraph (1)(A).
  (6) The Secretary is authorized to provide any information 
collected as a result of audits conducted under this section, 
together with audit information collected by guaranty agencies, 
to any Federal or State agency having responsibilities with 
respect to student financial assistance, including those 
referred to in subsection (a)(15) of this section.
  (7) Effective with respect to any audit conducted under this 
subsection after December 31, 1988, if, in the course of 
conducting any such audit, the personnel of the Department of 
Education discover, or are informed of, grants or other 
assistance provided by an institution in accordance with this 
title for which the institution has not received funds 
appropriated under this title (in the amount necessary to 
provide such assistance), including funds for which 
reimbursement was not requested prior to such discovery or 
information, such institution shall be permitted to offset that 
amount against any sums determined to be owed by the 
institution pursuant to such audit, or to receive reimbursement 
for that amount (if the institution does not owe any such 
sums).
  (d) Implementation of Non-Federal Revenue Requirement.--
          (1) Calculation.--In making calculations under 
        subsection (a)(24), a proprietary institution of higher 
        education shall--
                  (A) use the cash basis of accounting, except 
                in the case of loans described in subparagraph 
                (D)(i) that are made by the proprietary 
                institution of higher education;
                  (B) consider as revenue only those funds 
                generated by the institution from--
                          (i) tuition, fees, and other 
                        institutional charges for students 
                        enrolled in programs eligible for 
                        assistance under this title;
                          (ii) activities conducted by the 
                        institution that are necessary for the 
                        education and training of the 
                        institution's students, if such 
                        activities are--
                                  (I) conducted on campus or at 
                                a facility under the control of 
                                the institution;
                                  (II) performed under the 
                                supervision of a member of the 
                                institution's faculty; and
                                  (III) required to be 
                                performed by all students in a 
                                specific educational program at 
                                the institution; and
                          (iii) funds paid by a student, or on 
                        behalf of a student by a party other 
                        than the institution, for an education 
                        or training program that is not 
                        eligible for funds under this title, if 
                        the program--
                                  (I) is approved or licensed 
                                by the appropriate State 
                                agency;
                                  (II) is accredited by an 
                                accrediting agency recognized 
                                by the Secretary; or
                                  (III) provides an industry-
                                recognized credential or 
                                certification;
                  (C) presume that any Federal education 
                assistance funds that are disbursed or 
                delivered to or on behalf of a student will be 
                used to pay the student's tuition, fees, or 
                other institutional charges, regardless of 
                whether the institution credits those funds to 
                the student's account or pays those funds 
                directly to the student, except to the extent 
                that the student's tuition, fees, or other 
                institutional charges are satisfied by--
                          (i) grant funds provided by non-
                        Federal public agencies or private 
                        sources independent of the institution;
                          (ii) funds provided under a 
                        contractual arrangement with a Federal, 
                        State, or local government agency for 
                        the purpose of providing job training 
                        to low-income individuals who are in 
                        need of that training;
                          (iii) funds used by a student from 
                        savings plans for educational expenses 
                        established by or on behalf of the 
                        student and which qualify for special 
                        tax treatment under the Internal 
                        Revenue Code of 1986; or
                          (iv) institutional scholarships 
                        described in subparagraph (D)(iii);
                  (D) include institutional aid as revenue to 
                the school only as follows:
                          (i) in the case of loans made by a 
                        proprietary institution of higher 
                        education on or after July 1, 2008 and 
                        prior to July 1, 2012, the net present 
                        value of such loans made by the 
                        institution during the applicable 
                        institutional fiscal year accounted for 
                        on an accrual basis and estimated in 
                        accordance with generally accepted 
                        accounting principles and related 
                        standards and guidance, if the loans--
                                  (I) are bona fide as 
                                evidenced by enforceable 
                                promissory notes;
                                  (II) are issued at intervals 
                                related to the institution's 
                                enrollment periods; and
                                  (III) are subject to regular 
                                loan repayments and 
                                collections;
                          (ii) in the case of loans made by a 
                        proprietary institution of higher 
                        education on or after July 1, 2012, 
                        only the amount of loan repayments 
                        received during the applicable 
                        institutional fiscal year, excluding 
                        repayments on loans made and accounted 
                        for as specified in clause (i); and
                          (iii) in the case of scholarships 
                        provided by a proprietary institution 
                        of higher education, only those 
                        scholarships provided by the 
                        institution in the form of monetary aid 
                        or tuition discounts based upon the 
                        academic achievements or financial need 
                        of students, disbursed during each 
                        fiscal year from an established 
                        restricted account, and only to the 
                        extent that funds in that account 
                        represent designated funds from an 
                        outside source or from income earned on 
                        those funds;
                  (E) in the case of each student who receives 
                a loan on or after July 1, 2008, and prior to 
                July 1, 2011, that is authorized under section 
                428H or that is a Federal Direct Unsubsidized 
                Stafford Loan, treat as revenue received by the 
                institution from sources other than funds 
                received under this title, the amount by which 
                the disbursement of such loan received by the 
                institution exceeds the limit on such loan in 
                effect on the day before the date of enactment 
                of the Ensuring Continued Access to Student 
                Loans Act of 2008; and
                  (F) exclude from revenues--
                          (i) the amount of funds the 
                        institution received under part C, 
                        unless the institution used those funds 
                        to pay a student's institutional 
                        charges;
                          (ii) the amount of funds the 
                        institution received under subpart 4 of 
                        part A;
                          (iii) the amount of funds provided by 
                        the institution as matching funds for a 
                        program under this title;
                          (iv) the amount of funds provided by 
                        the institution for a program under 
                        this title that are required to be 
                        refunded or returned; and
                          (v) the amount charged for books, 
                        supplies, and equipment, unless the 
                        institution includes that amount as 
                        tuition, fees, or other institutional 
                        charges.
          (2) Sanctions.--
                  (A) Ineligibility.--A proprietary institution 
                of higher education that fails to meet a 
                requirement of subsection (a)(24) for two 
                consecutive institutional fiscal years shall be 
                ineligible to participate in the programs 
                authorized by this title for a period of not 
                less than two institutional fiscal years. To 
                regain eligibility to participate in the 
                programs authorized by this title, a 
                proprietary institution of higher education 
                shall demonstrate compliance with all 
                eligibility and certification requirements 
                under section 498 for a minimum of two 
                institutional fiscal years after the 
                institutional fiscal year in which the 
                institution became ineligible.
                  (B) Additional enforcement.--In addition to 
                such other means of enforcing the requirements 
                of this title as may be available to the 
                Secretary, if a proprietary institution of 
                higher education fails to meet a requirement of 
                subsection (a)(24) for any institutional fiscal 
                year, then the institution's eligibility to 
                participate in the programs authorized by this 
                title becomes provisional for the two 
                institutional fiscal years after the 
                institutional fiscal year in which the 
                institution failed to meet the requirement of 
                subsection (a)(24), except that such 
                provisional eligibility shall terminate--
                          (i) on the expiration date of the 
                        institution's program participation 
                        agreement under this subsection that is 
                        in effect on the date the Secretary 
                        determines that the institution failed 
                        to meet the requirement of subsection 
                        (a)(24); or
                          (ii) in the case that the Secretary 
                        determines that the institution failed 
                        to meet a requirement of subsection 
                        (a)(24) for two consecutive 
                        institutional fiscal years, on the date 
                        the institution is determined 
                        ineligible in accordance with 
                        subparagraph (A).
          (3) Publication on college navigator website.--The 
        Secretary shall publicly disclose on the College 
        Navigator website--
                  (A) the identity of any proprietary 
                institution of higher education that fails to 
                meet a requirement of subsection (a)(24); and
                  (B) the extent to which the institution 
                failed to meet such requirement.
          (4) Report to congress.--Not later than July 1, 2009, 
        and July 1 of each succeeding year, the Secretary shall 
        submit to the authorizing committees a report that 
        contains, for each proprietary institution of higher 
        education that receives assistance under this title, as 
        provided in the audited financial statements submitted 
        to the Secretary by each institution pursuant to the 
        requirements of subsection (a)(24)--
                  (A) the amount and percentage of such 
                institution's revenues received from sources 
                under this title; and
                  (B) the amount and percentage of such 
                institution's revenues received from other 
                sources.
  (e) Code of Conduct Requirements.--An institution of higher 
education's code of conduct, as required under subsection 
(a)(25), shall include the following requirements:
          (1) Ban on revenue-sharing arrangements.--
                  (A) Prohibition.--The institution shall not 
                enter into any revenue-sharing arrangement with 
                any lender.
                  (B) Definition.--For purposes of this 
                paragraph, the term ``revenue-sharing 
                arrangement'' means an arrangement between an 
                institution and a lender under which--
                          (i) a lender provides or issues a 
                        loan that is made, insured, or 
                        guaranteed under this title to students 
                        attending the institution or to the 
                        families of such students; and
                          (ii) the institution recommends the 
                        lender or the loan products of the 
                        lender and in exchange, the lender pays 
                        a fee or provides other material 
                        benefits, including revenue or profit 
                        sharing, to the institution, an officer 
                        or employee of the institution, or an 
                        agent.
          (2) Gift ban.--
                  (A) Prohibition.--No officer or employee of 
                the institution who is employed in the 
                financial aid office of the institution or who 
                otherwise has responsibilities with respect to 
                education loans, or agent who has 
                responsibilities with respect to education 
                loans, shall solicit or accept any gift from a 
                lender, guarantor, or servicer of education 
                loans.
                  (B) Definition of gift.--
                          (i) In general.--In this paragraph, 
                        the term ``gift'' means any gratuity, 
                        favor, discount, entertainment, 
                        hospitality, loan, or other item having 
                        a monetary value of more than a de 
                        minimus amount. The term includes a 
                        gift of services, transportation, 
                        lodging, or meals, whether provided in 
                        kind, by purchase of a ticket, payment 
                        in advance, or reimbursement after the 
                        expense has been incurred.
                          (ii) Exceptions.--The term ``gift'' 
                        shall not include any of the following:
                                  (I) Standard material, 
                                activities, or programs on 
                                issues related to a loan, 
                                default aversion, default 
                                prevention, or financial 
                                literacy, such as a brochure, a 
                                workshop, or training.
                                  (II) Food, refreshments, 
                                training, or informational 
                                material furnished to an 
                                officer or employee of an 
                                institution, or to an agent, as 
                                an integral part of a training 
                                session that is designed to 
                                improve the service of a 
                                lender, guarantor, or servicer 
                                of education loans to the 
                                institution, if such training 
                                contributes to the professional 
                                development of the officer, 
                                employee, or agent.
                                  (III) Favorable terms, 
                                conditions, and borrower 
                                benefits on an education loan 
                                provided to a student employed 
                                by the institution if such 
                                terms, conditions, or benefits 
                                are comparable to those 
                                provided to all students of the 
                                institution.
                                  (IV) Entrance and exit 
                                counseling services provided to 
                                borrowers to meet the 
                                institution's responsibilities 
                                for entrance and exit 
                                counseling as required by 
                                subsections (b) and (l) of 
                                section 485, as long as--
                                          (aa) the 
                                        institution's staff are 
                                        in control of the 
                                        counseling, (whether in 
                                        person or via 
                                        electronic 
                                        capabilities); and
                                          (bb) such counseling 
                                        does not promote the 
                                        products or services of 
                                        any specific lender.
                                  (V) Philanthropic 
                                contributions to an institution 
                                from a lender, servicer, or 
                                guarantor of education loans 
                                that are unrelated to education 
                                loans or any contribution from 
                                any lender, guarantor, or 
                                servicer that is not made in 
                                exchange for any advantage 
                                related to education loans.
                                  (VI) State education grants, 
                                scholarships, or financial aid 
                                funds administered by or on 
                                behalf of a State.
                          (iii) Rule for gifts to family 
                        members.--For purposes of this 
                        paragraph, a gift to a family member of 
                        an officer or employee of an 
                        institution, to a family member of an 
                        agent, or to any other individual based 
                        on that individual's relationship with 
                        the officer, employee, or agent, shall 
                        be considered a gift to the officer, 
                        employee, or agent if--
                                  (I) the gift is given with 
                                the knowledge and acquiescence 
                                of the officer, employee, or 
                                agent; and
                                  (II) the officer, employee, 
                                or agent has reason to believe 
                                the gift was given because of 
                                the official position of the 
                                officer, employee, or agent.
          (3) Contracting arrangements prohibited.--
                  (A) Prohibition.--An officer or employee who 
                is employed in the financial aid office of the 
                institution or who otherwise has 
                responsibilities with respect to education 
                loans, or an agent who has responsibilities 
                with respect to education loans, shall not 
                accept from any lender or affiliate of any 
                lender any fee, payment, or other financial 
                benefit (including the opportunity to purchase 
                stock) as compensation for any type of 
                consulting arrangement or other contract to 
                provide services to a lender or on behalf of a 
                lender relating to education loans.
                  (B) Exceptions.--Nothing in this subsection 
                shall be construed as prohibiting--
                          (i) an officer or employee of an 
                        institution who is not employed in the 
                        institution's financial aid office and 
                        who does not otherwise have 
                        responsibilities with respect to 
                        education loans, or an agent who does 
                        not have responsibilities with respect 
                        to education loans, from performing 
                        paid or unpaid service on a board of 
                        directors of a lender, guarantor, or 
                        servicer of education loans;
                          (ii) an officer or employee of the 
                        institution who is not employed in the 
                        institution's financial aid office but 
                        who has responsibility with respect to 
                        education loans as a result of a 
                        position held at the institution, or an 
                        agent who has responsibility with 
                        respect to education loans, from 
                        performing paid or unpaid service on a 
                        board of directors of a lender, 
                        guarantor, or servicer of education 
                        loans, if the institution has a written 
                        conflict of interest policy that 
                        clearly sets forth that officers, 
                        employees, or agents must recuse 
                        themselves from participating in any 
                        decision of the board regarding 
                        education loans at the institution; or
                          (iii) an officer, employee, or 
                        contractor of a lender, guarantor, or 
                        servicer of education loans from 
                        serving on a board of directors, or 
                        serving as a trustee, of an 
                        institution, if the institution has a 
                        written conflict of interest policy 
                        that the board member or trustee must 
                        recuse themselves from any decision 
                        regarding education loans at the 
                        institution.
          (4) Interaction with borrowers.--The institution 
        shall not--
                  (A) for any first-time borrower, assign, 
                through award packaging or other methods, the 
                borrower's loan to a particular lender; or
                  (B) refuse to certify, or delay certification 
                of, any loan based on the borrower's selection 
                of a particular lender or guaranty agency.
          (5) Prohibition on offers of funds for private 
        loans.--
                  (A) Prohibition.--The institution shall not 
                request or accept from any lender any offer of 
                funds to be used for private education loans 
                (as defined in section 140 of the Truth in 
                Lending Act), including funds for an 
                opportunity pool loan, to students in exchange 
                for the institution providing concessions or 
                promises regarding providing the lender with--
                          (i) a specified number of loans made, 
                        insured, or guaranteed under this 
                        title;
                          (ii) a specified loan volume of such 
                        loans; or
                          (iii) a preferred lender arrangement 
                        for such loans.
                  (B) Definition of opportunity pool loan.--In 
                this paragraph, the term ``opportunity pool 
                loan'' means a private education loan made by a 
                lender to a student attending the institution 
                or the family member of such a student that 
                involves a payment, directly or indirectly, by 
                such institution of points, premiums, 
                additional interest, or financial support to 
                such lender for the purpose of such lender 
                extending credit to the student or the family.
          (6) Ban on staffing assistance.--
                  (A) Prohibition.--The institution shall not 
                request or accept from any lender any 
                assistance with call center staffing or 
                financial aid office staffing.
                  (B) Certain assistance permitted.--Nothing in 
                paragraph (1) shall be construed to prohibit 
                the institution from requesting or accepting 
                assistance from a lender related to--
                          (i) professional development training 
                        for financial aid administrators;
                          (ii) providing educational counseling 
                        materials, financial literacy 
                        materials, or debt management materials 
                        to borrowers, provided that such 
                        materials disclose to borrowers the 
                        identification of any lender that 
                        assisted in preparing or providing such 
                        materials; or
                          (iii) staffing services on a short-
                        term, nonrecurring basis to assist the 
                        institution with financial aid-related 
                        functions during emergencies, including 
                        State-declared or federally declared 
                        natural disasters, federally declared 
                        national disasters, and other localized 
                        disasters and emergencies identified by 
                        the Secretary.
          (7) Advisory board compensation.--Any employee who is 
        employed in the financial aid office of the 
        institution, or who otherwise has responsibilities with 
        respect to education loans or other student financial 
        aid of the institution, and who serves on an advisory 
        board, commission, or group established by a lender, 
        guarantor, or group of lenders or guarantors, shall be 
        prohibited from receiving anything of value from the 
        lender, guarantor, or group of lenders or guarantors, 
        except that the employee may be reimbursed for 
        reasonable expenses incurred in serving on such 
        advisory board, commission, or group.
  (f) Institutional Requirements for Teach-Outs.--
          (1) In general.--In the event the Secretary initiates 
        the limitation, suspension, or termination of the 
        participation of an institution of higher education in 
        any program under this title under the authority of 
        subsection (c)(1)(F) or initiates an emergency action 
        under the authority of subsection (c)(1)(G) and its 
        prescribed regulations, the Secretary shall require 
        that institution to prepare a teach-out plan for 
        submission to the institution's accrediting agency or 
        association in compliance with section 496(c)(3), the 
        Secretary's regulations on teach-out plans, and the 
        standards of the institution's accrediting agency or 
        association.
          (2) Teach-out plan defined.--In this subsection, the 
        term ``teach-out plan'' means a written plan that 
        provides for the equitable treatment of students if an 
        institution of higher education ceases to operate 
        before all students have completed their program of 
        study, and may include, if required by the 
        institution's accrediting agency or association, an 
        agreement between institutions for such a teach-out 
        plan.
  (g) Inspector General Report on Gift Ban Violations.--The 
Inspector General of the Department shall--
          (1) submit an annual report to the authorizing 
        committees identifying all violations of an 
        institution's code of conduct that the Inspector 
        General has substantiated during the preceding year 
        relating to the gift ban provisions described in 
        subsection (e)(2); and
          (2) make the report available to the public through 
        the Department's website.
  (h) Preferred Lender List Requirements.--
          (1) In general.--In compiling, maintaining, and 
        making available a preferred lender list as required 
        under subsection (a)(27), the institution will--
                  (A) clearly and fully disclose on such 
                preferred lender list--
                          (i) not less than the information 
                        required to be disclosed under section 
                        153(a)(2)(A);
                          (ii) why the institution has entered 
                        into a preferred lender arrangement 
                        with each lender on the preferred 
                        lender list, particularly with respect 
                        to terms and conditions or provisions 
                        favorable to the borrower; and
                          (iii) that the students attending the 
                        institution, or the families of such 
                        students, do not have to borrow from a 
                        lender on the preferred lender list;
                  (B) ensure, through the use of the list of 
                lender affiliates provided by the Secretary 
                under paragraph (2), that--
                          (i) there are not less than three 
                        lenders of loans made under part B that 
                        are not affiliates of each other 
                        included on the preferred lender list 
                        and, if the institution recommends, 
                        promotes, or endorses private education 
                        loans, there are not less than two 
                        lenders of private education loans that 
                        are not affiliates of each other 
                        included on the preferred lender list; 
                        and
                          (ii) the preferred lender list under 
                        this paragraph--
                                  (I) specifically indicates, 
                                for each listed lender, whether 
                                the lender is or is not an 
                                affiliate of each other lender 
                                on the preferred lender list; 
                                and
                                  (II) if a lender is an 
                                affiliate of another lender on 
                                the preferred lender list, 
                                describes the details of such 
                                affiliation;
                  (C) prominently disclose the method and 
                criteria used by the institution in selecting 
                lenders with which to enter into preferred 
                lender arrangements to ensure that such lenders 
                are selected on the basis of the best interests 
                of the borrowers, including--
                          (i) payment of origination or other 
                        fees on behalf of the borrower;
                          (ii) highly competitive interest 
                        rates, or other terms and conditions or 
                        provisions of loans under this title or 
                        private education loans;
                          (iii) high-quality servicing for such 
                        loans; or
                          (iv) additional benefits beyond the 
                        standard terms and conditions or 
                        provisions for such loans;
                  (D) exercise a duty of care and a duty of 
                loyalty to compile the preferred lender list 
                under this paragraph without prejudice and for 
                the sole benefit of the students attending the 
                institution, or the families of such students;
                  (E) not deny or otherwise impede the 
                borrower's choice of a lender or cause 
                unnecessary delay in loan certification under 
                this title for those borrowers who choose a 
                lender that is not included on the preferred 
                lender list; and
                  (F) comply with such other requirements as 
                the Secretary may prescribe by regulation.
          (2) Lender affiliates list.--
                  (A) In general.--The Secretary shall maintain 
                and regularly update a list of lender 
                affiliates of all eligible lenders, and shall 
                provide such list to institutions for use in 
                carrying out paragraph (1)(B).
                  (B) Use of most recent list.--An institution 
                shall use the most recent list of lender 
                affiliates provided by the Secretary under 
                subparagraph (A) in carrying out paragraph 
                (1)(B).
  (i) Definitions.--For the purpose of this section:
          (1) Agent.--The term ``agent'' has the meaning given 
        the term in section 151.
          (2) Affiliate.--The term ``affiliate'' means a person 
        that controls, is controlled by, or is under common 
        control with another person. A person controls, is 
        controlled by, or is under common control with another 
        person if--
                  (A) the person directly or indirectly, or 
                acting through one or more others, owns, 
                controls, or has the power to vote five percent 
                or more of any class of voting securities of 
                such other person;
                  (B) the person controls, in any manner, the 
                election of a majority of the directors or 
                trustees of such other person; or
                  (C) the Secretary determines (after notice 
                and opportunity for a hearing) that the person 
                directly or indirectly exercises a controlling 
                interest over the management or policies of 
                such other person's education loans.
          (3) Education loan.--The term ``education loan'' has 
        the meaning given the term in section 151.
          (4) Eligible institution.--The term ``eligible 
        institution'' means any such institution described in 
        section 102 of this Act.
          (5) Officer.--The term ``officer'' has the meaning 
        given the term in section 151.
          (6) Preferred lender arrangement.--The term 
        ``preferred lender arrangement'' has the meaning given 
        the term in section 151.
  (j) Construction.--Nothing in the amendments made by the 
Higher Education Amendments of 1992 shall be construed to 
prohibit an institution from recording, at the cost of the 
institution, a hearing referred to in subsection (b)(2), 
subsection (c)(1)(D), or subparagraph (A) or (B)(i) of 
subsection (c)(2), of this section to create a record of the 
hearing, except the unavailability of a recording shall not 
serve to delay the completion of the proceeding. The Secretary 
shall allow the institution to use any reasonable means, 
including stenographers, of recording the hearing.

           *       *       *       *       *       *       *

                             MINORITY VIEWS

    College athletics is a multi-billion dollar a year 
business. Historically the National Collegiate Athletic 
Association (NCAA) and the college athletic conferences (the 
Conferences) (both defined in H.R. 4312 as Intercollegiate 
Athletic Associations or IIAAs) imposed stringent limitations 
on financial opportunities for the college athletes that drive 
that revenue. Over the last few years, by bringing antitrust 
lawsuits and championing new state laws, college athletes have 
won the right to profit from their own name, image, and 
likeness (NIL), share in some of the revenue received by their 
colleges from their sports, and transfer schools without losing 
athletic eligibility.\1\ Instead of celebrating and building 
upon these hard fought successes won by athletes, H.R. 4312 
returns power to the NCAA and the Conferences, providing them 
with unchecked authority to regulate every aspect of the 
college athletic experience, exempting them from the antitrust 
laws, and preempting state laws that protect athletes' 
interests.
---------------------------------------------------------------------------
    \1\Opinion Regarding Order Granting Motion for Final Approval of 
Settlement Agreement (June 6, 2025), House v. NCAA, N. D. Cal (No. 717 
CV 03919).
---------------------------------------------------------------------------
    H.R. 4312 also imposes restrictions on college athletes 
that are not imposed on other college students. For example, it 
prohibits college athletes from being considered employees of 
their institution, regardless of the commitments or other 
conditions imposed on them by their colleges. The simplest and 
most straightforward way for colleges to avoid an employer-
employee relationship is to make sure they are not treating 
college athletes like employees. Employment liability cannot be 
triggered if the facts do not support it. On the other hand, if 
particular colleges do treat their college athletes like 
employees, H.R. 4312 will deny college athletes the benefits 
provided by federal and state law to employees, including the 
right to engage in collective bargaining and qualify for 
disability benefits.
    Also, contrary to the Majority's claims in this report, 
H.R. 4312 does not protect college athletes' privacy nor does 
it ``affirm[] the right of student-athletes to enter into NIL 
agreements.''\2\ Instead it allows the NCAA and the Conferences 
to require college athletes to disclose their NIL deals to a 
designated entity, and to accept that entity's determinations 
on the validity of those deals. No other college student is 
required to share their confidential business agreements with a 
designated entity or to receive approval of those deals. The 
Act also institutes arbitrary transfer limits on college 
athletes, restricting their ability to transfer more than once 
regardless of circumstances which could include a college 
athlete's need to escape abuse or mistreatment, find a new team 
after being cut from their team, or to deal with personal or 
family situations, or financial considerations.
---------------------------------------------------------------------------
    \2\House Committee on Energy and Commerce, H.R. 4312, Student 
Compensation and Opportunity Through Rights and Endorsements (SCORE) 
Act, 119th Cong., at 1 (2025).
---------------------------------------------------------------------------
    In addition, H.R. 4312 does not greatly strengthen existing 
health and safety protections and benefits for college athletes 
or provide meaningful pathways to protect athletes who have 
been harmed. Instead, most of the health and safety benefits 
the Act requires colleges to provide to their athletes are 
already required by the NCAA. Moreover, the Majority fails to 
acknowledge in this report that H.R. 4312 only requires 
colleges with highly paid coaches to provide the required 
benefits, leaving the vast majority of college athletes, 
including a substantial percentage of Division I athletes, 
without any mandated health and safety protections. And the 
bill provides no federal enforcement to ensure compliance for 
those with mandated protections.
    H.R. 4312 would strip college athletes of hard-fought 
protections and benefits they have won in recent years and 
existing pathways they can use to advocate for additional 
benefits in the future. H.R. 4312 would give institutions that 
have historically put profits over the safety and wellbeing of 
athletes virtually unchecked authority to dictate the state of 
college sports and athlete prosperity. Therefore, we oppose 
this legislation in its current form.

                                        Frank Pallone, Jr.,
                                                    Ranking Member.

                                  [all]