[House Report 119-780]
[From the U.S. Government Publishing Office]


119th Congress]                                              [Report
                        HOUSE OF REPRESENTATIVES
    2d Session]                                              [119-780
======================================================================
 
             PROTECT ECONOMIC AND ACADEMIC FREEDOM ACT OF 
                                  2026

                                _______
                                

August 27, 2026.--Committed to the Committee of the Whole House on the 
              State of the Union and ordered to be printed

                                _______
                                

      Mr. Walberg, from the Committee on Education and Workforce, 
                        submitted the following

                              R E P O R T

                             together with

                             MINORITY VIEWS

                        [To accompany H.R. 4795]

    The Committee on Education and Workforce, to whom was 
referred the bill (H.R. 4795) to amend the Higher Education Act 
of 1965 to prohibit an institution that participates in a 
nonexpressive commercial boycott of Israel from being eligible 
for certain funds under that Act, to require an institution 
that participates in certain programs under that Act to certify 
that students are not unreasonably obstructed from 
participating in academic programs in Israel, and for other 
purposes having considered the same, reports favorably thereon 
with an amendment and recommends that the bill be as amended do 
pass.
    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 ``Protect Economic and Academic 
Freedom Act of 2026''.

SEC. 2. INELIGIBILITY OF INSTITUTIONS OF HIGHER EDUCATION PARTICIPATING 
                    IN CERTAIN NONEXPRESSIVE COMMERCIAL BOYCOTTS.

    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)(A) The institution will not engage in a nonexpressive 
        commercial boycott of a major strategic partner of the United 
        States.
          ``(B) For purposes of this paragraph:
                  ``(i) The term `major strategic partner' means, with 
                respect to the United States--
                          ``(I) a country described in section 4 of 
                        Public Law 113-296; or
                          ``(II) an entity licensed or regulated by, or 
                        organized under the laws of, such a country.
                  ``(ii) The term `nonexpressive commercial boycott of 
                a major strategic partner--
                          ``(I) means a commercial action (including 
                        engaging in refusals to deal and terminating 
                        business activities) that--
                                  ``(aa) is intended to limit 
                                commercial relations with a major 
                                strategic partner; and
                                  ``(bb) is not based on a valid 
                                business reason; and
                          ``(II) does not include actions described in 
                        regulations issued to provide for the 
                        exceptions described in section 1773(a)(2) of 
                        the Anti-Boycott Act of 2018 (50 U.S.C. 
                        4842(a)(2)).''.

SEC. 3. ELIGIBILITY FOR TITLE VI FUNDS.

    Title VI of the Higher Education Act of 1965 (20 U.S.C. 1121 et 
seq.) is amended by adding at the end the following new sections:

SEC. 639. INSTITUTIONAL CERTIFICATIONS.

    ``(a) Annual Requirement for Institutional Eligibility.--Not later 
than July 31 of each calendar year beginning on or after the date of 
enactment of the Protect Economic and Academic Freedom Act of 2026, an 
institution of higher education participating or applying to 
participate in any program under this title shall submit to the 
Secretary the certification required under subsection (b). An 
institution that does not submit such certification by July 31 of a 
calendar year shall be ineligible to receive any funds under this title 
in the first fiscal year that begins after such July 31, including any 
funds under this title that would otherwise have been available to the 
institution in such fiscal year for a grant awarded during a previous 
fiscal year.
    ``(b) Certification.--An institution shall certify to the Secretary 
that, for the period beginning on the date of such certification and 
ending on July 31 of the following year, the institution will--
          ``(1) permit students and faculty of the certifying 
        institution to participate in academic programs, including 
        conferences, teaching exchanges, cultural exchanges, study 
        abroad programs, joint research, and other collaborative 
        educational activities, in a major strategic partner (as 
        defined in section 487(a)(30)) of the United States in the same 
        manner, and under the same terms and conditions, as students 
        and faculty of the institution are permitted to participate in 
        academic programs in other foreign countries; and
          ``(2) permit students and faculty of postsecondary 
        educational institutions in such a major strategic partner to 
        participate in academic programs offered by the certifying 
        institution, including conferences, teaching exchanges, 
        cultural exchanges, study abroad programs, joint research, and 
        other collaborative educational activities, in the same manner, 
        and under the same terms and conditions, as students and 
        faculty of other foreign postsecondary educational institutions 
        that are not in such a major strategic partner.

``SEC. 639A. SENSE OF CONGRESS.

    ``It is the sense of Congress that limitations on cooperative 
efforts by institutions of higher education, consortia of such 
institutions, or partnerships between nonprofit educational 
organizations and institutions of higher education with a major 
strategic partner (as defined in section 487(a)(30)) of the United 
States do not serve the security, stability, and economic vitality of 
the United States.''.

                                Purpose

    H.R. 4795, Protect Economic and Academic Freedom Act of 
2026, amends the Higher Education Act of 1965 (HEA) to prohibit 
an institution that participates in a nonexpressive commercial 
boycott of Israel from receiving federal student aid under 
Title IV of the HEA. The bill also requires an institution that 
receives funds under Title VI to allow students and faculty to 
participate in academic programs in Israel, and students and 
faculty from Israel to participate in academic programs at the 
institution, in the same manner in which the institution 
provides such access to institutions in other countries and 
students and faculty from other countries to the institution.

                            Committee Action


                             118TH CONGRESS

First Session--Hearings

    On November 14, 2023, the Subcommittee on Higher Education 
and Workforce Development held a hearing titled ``Confronting 
the Scourge of Antisemitism on Campus.'' The purpose of the 
hearing was to discuss antisemitism on college campuses. 
Testifying before the Subcommittee were Rabbi Moshe Hauer, 
Executive Vice President, Orthodox Union, New York, New York; 
Mr. Kenneth L. Marcus, Founder and Chairman, Brandeis Center, 
Washington, D.C.; Ms. Stacy Burdett, Independent Consultant in 
Antisemitism Prevention and Response, Silver Spring, Maryland; 
and Ms. Sahar Tartak, Student, Yale University, New Haven, 
Connecticut.
    On December 5, 2023, the full Committee held a hearing 
titled ``Holding Campus Leaders Accountable and Confronting 
Antisemitism.'' The purpose of the hearing was to discuss 
antisemitism on college campuses with key college presidents. 
Testifying before the Committee were Dr. Claudine Gay, 
President, Harvard University, Cambridge, Massachusetts; Ms. 
Liz Magill, President, University of Pennsylvania, 
Philadelphia, Pennsylvania; Dr. Pamela Nadell, Professor of 
History and Jewish Studies, American University, Washington, 
D.C.; and Dr. Sally Kornbluth, President, Massachusetts 
Institute of Technology, Cambridge, Massachusetts.

Second Session--Hearing

    On May 23, 2024, the full Committee held a hearing titled 
``Calling for Accountability: Stopping Antisemitic College 
Chaos.'' The purpose of the hearing was to examine antisemitism 
and responses to protest encampments on college campuses. 
Testifying before the Committee were Mr. Michael Schill, 
President, Northwestern University, Evanston, Illinois; Dr. 
Jonathan Holloway, President, Rutgers, the State University of 
New Jersey, New Brunswick, New Jersey; Mr. Frederick M. 
Lawrence, Secretary and CEO, Phi Beta Kappa Society, 
Washington, D.C.; and Dr. Gene Block, Chancellor, University of 
California at Los Angeles, Los Angeles, California.

Second Session--Legislative Action

    On November 26, 2024, Representative Virginia Foxx (R-NC) 
introduced Protect Economic Freedom Act (H.R. 10257), which was 
referred solely to the Committee on Education and the 
Workforce.

                             119TH CONGRESS

First Session--Hearings

    On May 7, 2025, the full Committee held a hearing titled 
``Beyond the Ivy League: Stopping the Spread of Antisemitism on 
American Campuses.'' The purpose of the hearing was to examine 
the rise in antisemitism on college campuses beyond the Ivy 
League. Testifying before the Committee were Dr. Wendy Raymond, 
President, Haverford College, Haverford, Pennsylvania; Dr. 
Robert Manuel, President, DePaul University, Chicago, Illinois; 
Mr. David Cole, George J. Mitchell, Professor in Law and Public 
Policy, Georgetown University Law Center, Washington, D.C.; and 
Dr. Jeffrey Armstrong, President, California Polytechnic State 
University, San Luis Obispo, California.
    On July 15, 2025, the full Committee held a hearing titled 
``Antisemitism in Higher Education: Examining the Role of 
Faculty, Funding, and Ideology.'' The purpose of the hearing 
was to examine the main drivers of antisemitism on college 
campuses. Testifying before the Committee were Dr. Robert M. 
Groves, Interim President, Georgetown University, Washington, 
D.C.; Dr. Felix V. Matos Rodriguez, Chancellor, The City 
University of New York, New York, New York; Mr. Matt Nosanchuk, 
Principal, Mattnos Strategies, Washington, D.C.; Dr. Richard K. 
Lyons, Chancellor, University of California, Berkeley, 
Berkeley, California.

                             119TH CONGRESS

Legislative Action

    On September 29, 2025, Representative Foxx introduced H.R. 
4795, Protect Economic and Academic Freedom Act of 2025, which 
was referred solely to the Committee on Education and 
Workforce. On June 25, 2026, the Committee considered H.R. 4795 
in legislative session and reported it favorably, as amended, 
to the House of Representatives by a recorded vote of 24-9. 
Representative Foxx offered an Amendment in the Nature of a 
Substitute that places the prohibition on engaging in a 
nonexpressive commercial boycott directly within the program 
participation agreement under Title IV of the HEA, removes the 
separate annual certification requirement for institutions, and 
removes the requirement that the Secretary of Education publish 
a list of institutions that did not comply with the annual 
certification requirement. The amendment passed by voice vote.

                            Committee Views


                              INTRODUCTION

    Antisemitism on college and university campuses has 
increased significantly in recent years, particularly following 
the October 7, 2023, terror attacks. During the 2024-2025 
academic year, 2,334 antisemitic incidents were reported on 
college and university campuses nationwide, the highest number 
ever recorded.\1\ Antisemitic incidents on college campuses 
increased by more than 700 percent between 2022 and 2025.\2\ In 
addition, a 2025 survey found that 48.3 percent of non-Jewish 
students reported witnessing or experiencing anti-Jewish 
behavior on campus during the previous year, while 47.6 percent 
endorsed at least one anti-Jewish attitude.\3\
---------------------------------------------------------------------------
    \1\https://www.hillel.org/antisemitism-on-college-campuses-
incident-tracking/.
    \2\Ibid.
    \3\https://adl.org/resources/press-release/adls-2026-campus-
antisemitism-report-card-reveals-
significant-progress.
---------------------------------------------------------------------------

                 BACKGROUND ON THE BOYCOTT, DIVESTMENT,
                      AND SANCTIONS (BDS) MOVEMENT

    The BDS movement is a loose grouping of actors from various 
countries that advocate for or engage in economic measures 
targeting Israel or Israel-related individuals, organizations, 
and businesses.\4\ The Arab League imposed a boycott of Jews in 
Mandatory Palestine beginning in 1945, three years before the 
establishment of the State of Israel. The modem BDS movement 
was founded in 2001 during the United Nations' World Conference 
Against Racism in Durban, South Africa.\5\ In July 2005, a 
coalition of Palestinian organizations adopted the BDS movement 
to call for the use of boycotts, divestment campaigns, and 
sanctions as a means of pressuring Israel to change its 
policies toward Palestinians.\6\ Specifically, the movement has 
``the call'' for Israel to end its occupation and colonization 
of all Arab lands and dismantle the wall constructed by Israel 
along the border between Israel and the West Bank, and within 
the West Bank, to protect Israelis from Palestinian violence; 
recognize the fundamental rights of the Arab Palestinian 
citizens of Israel to full equality and respect; and protect 
and promote the rights of Palestinian refugees to return to 
their homes and properties as stipulated in UN Resolution 
194.\7\
---------------------------------------------------------------------------
    \4\https://www.everycrsreport.com/files/
20191203_R44281_lc95dd528315abe4cb3528c526eae
77488759f52.pdf.
    \5\https://www.ajc.org/campusbds.
    \6\Ibid.
    \7\https://www.bdsmovement.net/call.
---------------------------------------------------------------------------
    BDS campaigns frequently demand the ``divestment'' of 
university, municipal, church, union, and other investment 
portfolios from companies that advocates claim ``aid Israel's 
occupation,'' as well as call for the ``boycott'' of Israeli 
products, professionals, professional associations and academic 
institutions, and artistic performances.\8\
---------------------------------------------------------------------------
    \8\https://www.adl.org/resources/backgrounder/boycott-divestment-
and-sanctions-campaign-bds.
---------------------------------------------------------------------------
    In recent years, BDS-related activism has gained 
significant traction on American college and university 
campuses, particularly following the October 7, 2023, terror 
attacks. Student organizations, faculty groups, and unions have 
increasingly used BDS campaigns to pressure universities to 
alter investment practices and adopt policies aligned with the 
movement's objectives. This movement became substantially more 
widespread during the 2023-2024 academic year, as 
demonstrations, encampments, and divestment campaigns engulfed 
higher education.

Title VI of the HEA and the BDS Movement

    Title VI of the HEA authorizes programs and funding for the 
Department of Education (ED) to award grants in support of 
international and foreign language studies.\9\ Part A of Title 
VI authorizes National Resource Centers that award four-year 
competitive grants to institutions of higher education to 
establish and maintain an infrastucture for providing 
international studies and modern foreign language 
instruction.\10\ Title VI programs have been a source of 
antisemitism in general, and the BDS movement specifically, on 
college campuses.
---------------------------------------------------------------------------
    \9\https://www.congress.gov/crs-product/R46508.
    \10\https://www.congress.gov/crs-product/R46508.
---------------------------------------------------------------------------
    Georgetown's Title VI National Resource Center on the 
Middle East and North Africa (NRC-MENA) provides an 
illustrative example. The NRC-MENA operates the Center for 
Contemporary Arab Studies (CCAS), which has become a platform 
to promote antisemitism and the BDS movement. Three of CCAS' 
five ``core'' staff actively support the BDS movement.\11\ 
Additionally, in December 2023, CCAS signed an agreement for 
Georgetown to host the Middle East Studies Association (MESA). 
Today, MESA effectively functions as an anti-Israel advocacy 
group that has adopted a resolution endorsing BDS. Under the 
agreement, CCAS granted MESA space on its main campus at no 
cost.\12\
---------------------------------------------------------------------------
    \11\Fida Adely; Marwa Daoudy; Rochelle A. Davis. https://
palestineandpraxis.weebly.com/.
    \12\https://www.dropbox.com/scl/fi/kw4w8wuxj9ecwpevss7gp/How-
Campuses-Became-Hotbeds-the-Rise-of-Radical-Antisemitism-on-College-
Campuses.pdf?rlkey=
tsuha6vybakp5oqlxhto1euth&e=2&st=08c027lp&dl=0.
---------------------------------------------------------------------------
    CCAS also runs an education outreach program that is 
partially supported by its NRC-MENA grant. In February 2025, 
CCAS co-hosted an event titled ``Palestine in the 
Classroom''\13\ CCAS' K-14 education outreach director, Susan 
Douglass, is an avowed BDS supporter. The Alwaleed Bin Talal 
Center for Muslim-Christian Understanding (Center) is part of 
Georgetown's School of Foreign Service and is also part of NRC-
MENA at Georgetown.\14\ The Center's faculty consistently 
advance narratives that whitewash Islamism and demonize Israel, 
all while educating the next generation of government servants, 
producing reference works used across academia, and serving as 
consultants to policymakers, media, corporate executives, and 
others.\15\
---------------------------------------------------------------------------
    \13\https://ccas.georgetown.edu/resources/k-14-outreach/events-for-
educators/.
    \14\https://ccas.georgetown.edu/about/national-resource-center-
mena/.
    \15\https://isgap.org/wp-content/uploads/2025/06/FTM-GEORGETOWN-
REPORT-2025-05-23-1.pdf.
---------------------------------------------------------------------------

BDS Campaigns and Resolutions on College Campuses

    During the 2023-2024 academic year, at least 86 BDS 
resolutions were considered across undergraduate, graduate, and 
professional student organizations and faculty unions.\16\ 
Seventy-seven passed and nine were voted down. In November 
2025, Cornell University's graduate student union adopted a BDS 
resolution that called for resistance ``by any means 
necessary.''\17\ Within the University of California (UC) 
system, United Auto Workers 4811, a union that represents 
thousands of academic workers, vowed to wage a campaign to 
pressure UC campuses to adopt BDS.\18\ At Northwestern 
University, faculty members and Northwestern's provost were 
openly willing to appease encampment organizers in their 
efforts to demand the university boycott Sabra hummus because 
of the brand's perception as an Israeli product.\19\ At 
Haverford College, administrators caved to the antisemitic 
blood libel demands of Students for the Liberation of Palestine 
to ``Say No to Blood Donuts,'' refusing to serve previously 
ordered donuts from Federal Donuts, a Jewish-Israeli owned 
chain, at Commencement in 2024.\20\
---------------------------------------------------------------------------
    \16\https://www.adl.org/resources/report/anti-israel-activism-us-
campuses-2023-2024.
    \17\https://www.timesofisrael.com/cornell-grad-student-union-
approves-bds-resolution-backing-resistance-by-any-means/.
    \18\https://www.fairnesscenter.org/cases/yaniv-v-uaw-4811/.
    \19\Text Message from Nour Kteily, Professor of Mgmt. and Org., Nw. 
U. Kellog Sch. Of Mgmt., to Kathleen Hagerty, Provost, Nw. U (Apr. 27, 
2024 3:18 AM) (on file with Comm.).
    \20\https://www.inquirer.com/education/haverford-president-email-
tim-walberg-20250626.html.
---------------------------------------------------------------------------
    BDS campaigns have been accompanied by allegations of 
harassment, intimidation, exclusion, and discrimination 
directed at students who identify as Jewish or express support 
for Israel.\21\ In April 2024, at a BDS hearing at the 
University of Albany, a student looked around and stated, 
``Those who do not support this (BDS) should feel unsafe on 
campus. I will make sure you do not feel safe.''\22\ In March 
2024, anti-Israel protesters at Vanderbilt University shoved a 
security guard as they protested the university's removal of a 
proposed amendment to align the school's student government 
with the demands of the BDS movement.\23\
---------------------------------------------------------------------------
    \21\https://edworkforce.house.gov/uploadedfiles/
10.30.24_committee_on_education_and_
the_workforce_republican_staff_report_-
_antisemitism_on_college_campuses_exposed.pdf.
    \22\Ibid.
    \23\https://www.adl.org/resources/report/anti-israel-activism-us-
campuses-2023-2024.
---------------------------------------------------------------------------

BDS Legal Status

    The core of the constitutional debate around BDS is whether 
anti-BDS legislation regulates economic conduct or political 
speech protected under the First Amendment.\24\ Opponents 
contend that these boycotts are considered protected expressive 
conduct and collective political action, a classification 
established by Supreme Court cases involving nonviolent 
boycotts.\25\ Conversely, proponents of anti-BDS legislation 
assert that such laws regulate commercial conduct and not 
political speech, with the state merely acting as a proprietor 
in contracting decisions.\26\
---------------------------------------------------------------------------
    \24\https://legalclarity.org/anti-bds-bill-and-state-laws-
constitutional-challenges/.
    \25\Ibid.
    \26\Ibid.
---------------------------------------------------------------------------
    The Supreme Court has heard numerous arguments on the 
balance between regulating boycott activity and free speech. In 
NAACP v. Claiborne Hardware Co. (1982),\27\ the Supreme Court 
held that states may not prohibit peaceful political activities 
associated with a boycott, including speech, assembly, and 
advocacy. However, Claiborne did not establish a constitutional 
right to engage in all forms of boycott activity and instead 
distinguished between protected expressive conduct and economic 
activity that may be regulated by the government.
---------------------------------------------------------------------------
    \27\NAACP v. Claiborne Hardware Co., 458 U.S. 886 (1982).

    In a related case, Rumsfeld v. Forum for Academic and 
Institutional Rights, Inc. (2006),\28\ the Supreme Court ruled 
that a law school treating military recruiters differently from 
other recruiters was not inherently expressive and thus that 
differential treatment was not protected by the First 
Amendment. The Supreme Court stated,
---------------------------------------------------------------------------
    \28\https://supreme.justia.com/cases/federal/us/547/47/#tab-
opinion-1962043.

          . . . law schools `expressed' their disagreement with 
        the military by treating military recruiters 
        differently from other recruiters. But these actions 
        were expressive only because the law schools 
        accompanied their conduct with speech explaining it . . 
        . An observer who sees military recruiters interviewing 
        away from the law school has no way of knowing whether 
        the law school is expressing its disapproval of the 
        military, all the law school's interview rooms are 
        full, or the military recruiters decided for reasons of 
        their own that they would rather interview someplace 
        else . . . The expressive component of a law school's 
        action is not created by the conduct itself but by the 
        speech that accompanies it.\29\
---------------------------------------------------------------------------
    \29\https://supreme.justia.com/cases/federal/us/547/47/#tab-
opinion-1962043.

The Supreme Court ruled that there was a ``substantial 
government interest'' in requiring equal treatment of military 
recruiters on college campuses and ruled against the law 
school.\30\
---------------------------------------------------------------------------
    \30\https://supreme.justia.com/cases/federal/us/547/47/#tab-
opinion-1962043.
---------------------------------------------------------------------------
    This distinction between expressive activity and other 
activity was central to the U.S. Court of Appeals for the 
Eighth Circuit's decision in Arkansas Times LP v. Waldrip 
(2022),\31\ which upheld Arkansas Act 710. That law prohibits 
state entities from contracting with private companies unless 
the contract includes a certification that the company ``is not 
currently engaged in, and agrees for the duration of the 
contract not to engage in, a boycott of Israel.''\32\ The court 
rejected the argument that the statute violated the First 
Amendment by restricting participation in boycotts of Israel. 
In doing so, the court explained that Claiborne protected the 
expressive activities accompanying a boycott, not the 
commercial decision itself to refuse to do business with a 
particular entity.
---------------------------------------------------------------------------
    \31\Arkansas Times LP v. Waldrip, 37 F.4th 1386 (8th Cir. 2022).
    \32\Ibid.
---------------------------------------------------------------------------
    The court emphasized that states retain broad authority to 
regulate economic activity and concluded that the Arkansas law 
targeted discriminatory commercial conduct rather than 
political expression. The Eighth Circuit further reasoned that 
Arkansas's law did not prohibit individuals or organizations 
from criticizing Israel, advocating for a boycott, or 
protesting the law itself. Rather, the statute prohibited 
certain contracting entities from engaging in economic 
decisions that discriminate against Israel. Because such 
purchasing and contracting decisions are not inherently 
expressive and generally convey no message unless accompanied 
by additional speech, the court concluded that the law 
regulated non-expressive commercial conduct that does not 
implicate the First Amendment in the same manner as political 
advocacy.

           ISRAEL DESIGNATION AS ``MAJOR STRATEGIC PARTNER''

    Antisemitism is deeply concerning and simultaneously 
undermines Israel's unique relationship with the United States. 
Israel has been designated as a ``major strategic partner'' of 
the United States, which is a unique designation. This 
designation came from the 2014 United States-Israel Strategic 
Partnership Act, signed by President Obama and introduced by 
former California Senator Barbara Boxer (D-CA).\33\ The bill 
was passed by unanimous consent in the Senate and by voice vote 
in the House.
---------------------------------------------------------------------------
    \33\https://www.congress.gov/bill/113th-congress/senate-bill/2673.
---------------------------------------------------------------------------

          TRUMP ADMINISTRATION EFFORTS TO COMBAT ANTISEMITISM

    During the first Trump administration, President Trump 
issued Executive Order (EO) 13899, Combating Anti-Semitism.\34\ 
The EO directed federal agencies enforcing Title VI to consider 
antisemitic discrimination as a form of prohibited 
discrimination based on race, color, or national origin when 
appropriate. The Order also instructed agencies to consider the 
International Holocaust Remembrance Alliance's (IHRA) Working 
Definition of Antisemitism and the ``Contemporary Examples of 
Anti-Semitism'' identified by IHRA.
---------------------------------------------------------------------------
    \34\https://trumpwhitehouse.archives.gov/presidential-actions/
executive-order-combating-anti-semitism/.
---------------------------------------------------------------------------
    On January 29, 2025, President Trump issued EO 14188, 
Additional Measures to Combat Anti-Semitism, which reaffirmed 
EO 13899 and directed federal agencies, including ED, to 
identify and utilize available civil and criminal enforcement 
authorities to address antisemitic harassment and 
discrimination. The EO specifically cited reports of 
harassment, intimidation, and exclusion of Jewish students on 
college campuses and directed agencies to take additional 
actions to enforce federal civil rights laws. Following EO 
14188, the Department of Justice established a multi-agency 
Task Force to Combat Antisemitism. The Task Force includes 
representatives from the Departments of Justice, ED, Health and 
Human Services, and other federal agencies and identified 
addressing antisemitic harassment in schools as a priority.\35\
---------------------------------------------------------------------------
    \35\https://www.justice.gov/opa/pr/justice-department-announces-
formation-task-force-combat-anti-semitism.
---------------------------------------------------------------------------

                               Conclusion

    Given the dangers of antisemitism and the BDS movement, 
Congress should advance reforms to ensure institutions do not 
engage in harmful economic boycotts of Israel, a key ally of 
the United States that bears the unique designation of a 
``major strategic partner.'' Additionally, Jewish students 
should not be isolated or harassed simply because they are 
Jewish. H.R. 4795 sends a strong message that American colleges 
and universities should not be hotbeds for antisemitic actions 
or boycotts.

                                Summary


                      H.R. 4795 SECTION-BY-SECTION

Section 1. Short Title

    Identifies the short title as Protect Economic and Academic 
Freedom Act of 2026.

Section 2. Ineligibility of Institutions of Higher Education 
        Participating in Certain Non-Expressive Commercial Boycotts

     Amends the program participation agreement with a 
requirement for institutions to not engage in a nonexpressive 
commercial boycott of a major strategic partner of the United 
States.
     Defines ``major strategic partner.''
     Defines ``nonexpressive commercial boycott.''

Section 3. Eligibility for HEA Title VI Funds

     Requires institutions receiving funds under Title 
VI to annually certify by July 31 of each calendar year that 
the institution will do the following:
           Permit students and faculty of the 
        certifying institution to participate in academic 
        programs in a major strategic partner in the same 
        manner and under the same terms and conditions as 
        students and faculty are permitted to participate in 
        academic programs in other foreign countries.
           Permit students and faculty of 
        postsecondary institutions located in a major strategic 
        partner the ability to participate in academic programs 
        offered by the certifying institution in the same 
        manner and under the same terms and conditions as 
        students and faculty of other postsecondary 
        institutions located in other foreign countries.
     Includes a sense of Congress that limitations on 
cooperative efforts by institutions of higher education, 
consortia of such institutions, or partnerships between 
nonprofit educational organizations and institutions of higher 
education with a major strategic partner do not serve the 
security, stability, and economic vitality of the United 
States.

                       Explanation of Amendments

    The amendment in the nature of a substitute is explained in 
the body of this report.

              Application of Law to the Legislative Branch

    Section 102(b)(3) of Public Law 104-1 requires a 
description of the application of this bill to the legislative 
branch. H.R. 4795 amends the Higher Education Act of 1965 to 
prohibit an institution of higher education that participates 
in a nonexpressive commercial boycott of Israel from being 
eligible for Title IV funds. H.R. 4795 applies only to 
institutions of higher education and therefore does not apply 
to the Legislative Branch.

                       Unfunded Mandate Statement

    Pursuant to section 423 of the Congressional Budget and 
Impoundment Control Act of 1974, Pub. L. No. 93-44 (as amended 
by section 10l(a)(2) of the Unfunded Mandates Reform Act of 
1995, Pub. L. No. 104-4), the Committee traditionally adopts as 
its own the cost estimate prepared by the Director of the 
Congressional Budget Office (CBO) pursuant to section 402 of 
the Congressional Budget and Impoundment Control Act of 1974. 
The Committee reports that because this cost estimate was not 
timely submitted to the Committee before the filing of this 
report, the Committee is not in a position to make a cost 
estimate for H.R. 4795.

                           Earmark Statement

    H.R. 4795 does not contain any congressional earmarks, 
limited tax benefits, or limited tariff benefits as defined in 
clause 9 of House rule XXI.

                            Roll Call Votes

    Clause 3(b) of rule XIII of the Rules of the House of 
Representatives requires the Committee Report to include for 
each record vote on a motion to report the measure or matter 
and on any amendments offered to the measure or matter the 
total number of votes for and against and the names of the 
Members voting for and against.


         Statement of General Performance Goals and Objectives

    In accordance with clause (3)(c) of rule XIII of the Rules 
of the House of Representatives, the goal of H.R. 4795 is to 
amend the Higher Education Act of 1965 to prohibit an 
institution that participates in a nonexpressive commercial 
boycott of Israel from being eligible for certain funds under 
that Act, and to require an institution that participates in 
certain programs under that Act to certify that students are 
not unreasonably obstructed from participating in academic 
programs in Israel.

                    Duplication of Federal Programs

    No provision of H.R. 4795 establishes or reauthorizes a 
program of the Federal Government known to be duplicative of 
another Federal program, a program that was included in any 
report from the Government Accountability Office to Congress 
pursuant to section 21 of Public Law 111-139, or a program 
related to a program identified in the most recent Catalog of 
Federal Domestic Assistance.

  Statement of Oversight Findings and Recommendations of the Committee

    In compliance with clause 3(c)(l) of rule XIII and clause 
2(b)(l) of rule X of the Rules of the House of Representatives, 
the Committee's oversight findings and recommendations are 
reflected in the body of this report.

                       Required Committee Hearing

    In compliance with clause 3(c)(6) of rule XIII the 
following hearing held during the 119th Congress was used to 
develop or consider H.R. 4795: On July 15, 2025, the Committee 
held a hearing titled ``Antisemitism in Higher Education: 
Examining the Role of Faculty, Funding, and Ideology.''

               New Budget Authority and CBO Cost Estimate

    With respect to the requirements of clause 3(c)(2) of rule 
XIII of the Rules of the House of Representatives and section 
308(a) of the Congressional Budget Act of 1974, and with 
respect to requirements of clause 3(c)(3) of rule XIII of the 
Rules of the House of Representatives and section 402 of the 
Congressional Budget Act of 1974, a cost estimate was not made 
available to the Committee in time for the filing of this 
report. The Chairman of the Committee shall cause such estimate 
to be printed in the Congressional Record upon its receipt by 
the Committee.

                        Committee Cost Estimate

    Clause 3(d)(l) of rule XIII of the Rules of the House of 
Representatives requires an estimate and a comparison of the 
costs that would be incurred in carrying out H.R. 4795. 
However, clause 3(d)(2)(B) of that rule provides that this 
requirement does not apply when, as with the present report, 
the Committee has requested a cost estimate for the bill from 
the Director of the Congressional Budget Office.

         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 (new matter is 
printed in italics and existing law in which no change is 
proposed is shown in roman):

HIGHER EDUCATION ACT OF 1965

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TITLE IV--STUDENT ASSISTANCE

           *       *       *       *       *       *       *



Part G--General Provisions Relating to Student Assistance Programs

           *       *       *       *       *       *       *



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, education 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)(A) The institution will not engage in a 
        nonexpressive commercial boycott of a major strategic 
        partner of the United States.
          (B) For purposes of this paragraph:
                  (i) The term ``major strategic partner'' 
                means, with respect to the United States--
                          (I) a country described in section 4 
                        of Public Law 113-296; or
                          (II) an entity licensed or regulated 
                        by, or organized under the laws of, 
                        such a country.
                  (ii) The term ``nonexpressive commercial 
                boycott of a major strategic partner''--
                          (I) means a commercial action 
                        (including engaging in rehearsals to 
                        deal and terminating business 
                        activities)
                                  (aa) is intended to limit 
                                commercial relaitons with a 
                                major strategic partner; and
                                  (bb) is not based on a valid 
                                business reason;
                          (II) does not include actions 
                        described in regulations issued to 
                        provide for the exceptions described in 
                        section 1773(a)(2) of the Anti-Boycott 
                        Act of 2018 (50 U.S.C. 4842(a)(2)).
    (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 if 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 
        reenroll 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 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:
                        (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, service, 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 terrnination 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.

           *       *       *       *       *       *       *


TITLE VI--INTERNATIONAL EDUCATION PROGRAMS

           *       *       *       *       *       *       *


PART D--GENERAL PROVISIONS

           *       *       *       *       *       *       *


SEC. 639. INSTITUTIONAL CERTIFICATIONS.

    (a) Annual Requirement for Institutional Eligibility.--Not 
later than July 31 of each calendar year beginning on or after 
the date of enactment of the Protect Economic and Academic 
Freedom Act of 2026, an institution of higher education 
participating or applying to participate in any program under 
this title shall submit to the Secretary the certification 
required under subsection (b). An institution that does not 
submit such certification by July 31 of a calendar year shall 
be ineligible to receive any funds under this title in the 
first fiscal year that begins after such July 31, including any 
funds under this title that would otherwise have been available 
to the institution in such fiscal year for a grant awarded 
during a previous fiscal year.
    (b) Certification.--An institution shall certify to the 
Secretary that, for the period beginning on the date of such 
certification and ending on July 31 of the following year, the 
institution will--
          (1) permit students and faculty of the certifying 
        institution to participate in academic programs, 
        including conferences, teaching exchanges, cultural 
        exchanges, study abroad programs, joint research, and 
        other collaborative educational activities, in a major 
        strategic partner (as defined in section 487(a)(30)) of 
        the United States in the same manner, and under the 
        same terms and conditions, as students and faculty of 
        the institution are permitted to participate in 
        academic programs in other foreign countries; and
          (2) permit students and faculty of postsecondary 
        educational institutions in such a major strategic 
        partner to participate in academic programs offered by 
        the certifying institution, including conferences, 
        teaching exchanges, cultural exchanges, study abroad 
        programs, joint research, and other collaborative 
        educational activities, in the same manner, and under 
        the same terms and conditions, as students and faculty 
        of other foreign postsecondary educational institutions 
        that are not in such a major strategic partner.

SEC. 639A SENSE OF CONGRESS.

    It is the sense of Congress that limitations on cooperative 
efforts by institutions of higher education, consortia of such 
institutions, or partnerships between nonprofit educational 
organizations and institutions of higher education with a major 
strategic partner (as defined in section 487(a)(30)) of the 
United States do not serve the security, stability, and 
economic vitality of the United States.

           *       *       *       *       *       *       *


                             MINORITY VIEWS

                              INTRODUCTION

    H.R. 4795, the Protect Economic and Academic Freedom Act of 
2025, sponsored by Rep. Virginia Foxx (R-NC) amends the Higher 
Education Act of 1965 (HEA) to make institutions of higher 
education (IHEs) ineligible for participation in any programs 
authorized under HEA title IV (Title IV) if they engage in a 
``nonexpressive commercial boycott'' of Israel.\1\ The bill 
also makes IHEs ineligible for participation in any programs 
under HEA title VI if they do not permit their students and 
faculty to participate in foreign exchange programs with 
Israel, or permit Israeli students and academics to participate 
in their academic programs and exchanges.\2\
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    \1\H.R. 4795 Sec. 2, 119th Cong. (2025).
    \2\H.R. 4795 Sec. 3, 119th Cong. (2025).
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    Although the legislative text does not mention it by name, 
Rep. Foxx said at the bill's introduction that it was aimed at 
the official Boycott-Divest-Sanctions (BDS) movement\3\ No IHE 
in the United States has expressed administrative support for 
the BDS movement, making the first half of this bill a solution 
in search of a problem. Further the solution it proposes may 
violate long established principles regarding Congressional 
power under the Spending Clause and First Amendment activity.
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    \3\Press Release, Rep. Virginia Foxx, Foxx, Gottheimer Introduce 
Bill to Hold Higher Education Accountable for BDS Activity (July 30, 
2025), https://foxx.house.gov/news/
documentsingle.aspx?DocumentID=400167 (``[The legislation] prohibits 
colleges and universities from receiving federal student aid if they 
engage in commercial and academic boycotts dictated by those in the 
boycott-sanction-divest (BDS) movement.'').
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    Even though the BDS movement in America has little to no 
institutional momentum behind it, there are increasing 
instances of faculty members, student and faculty groups, and 
scholarly associations taking stances to limit engagement with 
students, faculty, and academics in Israel in response to the 
war in Gaza.\4\ H.R. 4795 makes the receipt of HEA title VI 
funds--funds designed to support international higher 
education--contingent on schools having open dialogue with 
students and faculty across the world. Requiring IHEs to 
certify they will not impede the ability of students and 
faculty to engage in academic programs, cultural exchanges, 
etc. with Israeli students and faculty is a policy rationally 
related to the underlying use of these funds. This could have 
been the building block for a bipartisan unanimous bill, but 
the Majority decided to include in the bill a section on the 
BDS movement.
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    \4\See e.g., Elisabeth Bumiller, Israeli Academics Find Themselves 
Isolated Despite Gaza Cease-Fire, NY Times (Nov. 9, 2025), https://
www.nytimes.com/2025/11/09/world/middleeast/boycotts-israel.html.
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    THE BDS MOVEMENT IS EXPRESSIVE ACTIVITY IMPLICATED BY THE FIRST 
                               AMENDMENT

    BDS is a trans-national political movement and committee 
founded in 2005 to exert pressure on Israel to change its 
policies in regard to Palestinians.\5\ Specifically, BDS has 
called for ``[e]nding [Israel's] occupation and colonization of 
all Arab lands and dismantling the Wall; recognizing the 
fundamental rights of the Arab-Palestinian citizens of Israel 
to full equality; and respecting, protecting and promoting the 
rights of Palestinian refugees to return to their homes and 
properties as stipulated in UN Resolution 194.''\6\
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    \5\Palestinian BDS National Committee, What it BDS?, (last visited 
Aug. 1, 2026), https://bdsmovement.net/what-bds.
    \6\Id.
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    As opposed to a traditional boycott of a company, BDS' 
boycott discipline includes, ``withdrawing support from 
Israel's apartheid regime, complicit Israeli sporting, 
cultural, and academic institutions, and all Israeli and 
international companies engaged in violations of Palestinian 
human rights.''\7\ Many mainstream Jewish groups do not support 
the aims of BDS and equate such efforts with calling for the 
destruction of Israel. Some Jewish groups have denounced the 
aims of BDS but also recognized that BDS supporters have the 
constitutional right to espouse their views and anti-BDS laws 
are counter to the First Amendment.\8\ It is worth noting that 
the BDS movement, which has support among a few IHEs in other 
countries, has never gained traction at American universities. 
While there have been faculty senates and student assemblies 
that have passed resolutions in support of BDS, those 
resolutions are non-binding on the institutions of higher 
education. These votes are often immediately followed by 
statements from administrators that the institution has no plan 
to boycott, divest, or sanction anything related to Israel.
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    \7\Id.
    \8\J Street, J Street policy principles on the Global BDS Movement 
and boycotts, divestment and sanctions efforts, (last visited Aug. 1, 
2026), https://jstreet.org/boycott-divestment-and-sanctions-bds/ (``J 
Street is opposed to federal and state-level legislation that would 
criminalize individuals' and non-governmental organizations' BDS 
activities, penalize BDS supporters or impose BDS-related litmus tests 
on individuals. This type of misguided legislative overreach is the 
wrong way to fight BDS. By alienating and angering the liberal 
audiences that BDS seeks to engage and recruit, it actually empowers 
the BDS Movement. This legislation can too easily violate 
constitutional free speech protections, and is fundamentally 
inconsistent with our democratic principles as Americans and as Jews. 
We urge lawmakers and Jewish communal leaders to engage Americans who 
are sympathetic to BDS in serious and open conversation and debate, 
rather than seeking to silence them by aggressively penalizing their 
actions and positions.'').
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    Despite the lack of IHE administration support for BDS, 
approximately 38 states legislatures--mostly conservative--have 
passed laws opposing BDS efforts. This is the appropriate 
context in which to consider H.R. 4795. Under this bill, IHEs 
would have to certify as part of the program participation 
agreement (PPA) they are required to enter into to receive 
Title IV aid, that they ``will not engage in a nonexpressive 
commercial boycott of a major strategic partner of the United 
States.''\9\ This language mirrors that of many state laws.\10\
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    \9\H.R. 4795 Sec. 2, 119th Cong. (2025).
    \10\E.g., Martin v. Wrigley, 540 F. Supp. 3d 1220, 1229 (N.D. Ga. 
2021) (``Like the decisions reviewing anti-boycotting statutes in 
Jordahl, Amawi, Koontz, and Waldrip, this Court concludes that O.C.G.A. 
Sec. 50-5-85 imposes a condition on those who contract with the state 
of Georgia that implicates the contractors' First Amendment rights.); 
but see Arkansas Times LP v. Waldrip as Tr. of Univ. of Arkansas Bd. of 
Trs., 37 F.4th 1386, 1394 (8th Cir. 2022) (``Under Arkansas's canons of 
statutory interpretation, we think the Arkansas Supreme Court would 
read Act 710 as prohibiting purely commercial, non-expressive conduct. 
It does not ban Arkansas Times from publicly criticizing Israel, or 
even protesting the statute itself. It only prohibits economic 
decisions that discriminate against Israel. Because those commercial 
decisions are invisible to observers unless explained, they are not 
inherently expressive and do not implicate the First Amendment.'').
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    The problem with H.R. 4795, and by extension many of the 
state laws aimed at BDS, is that they are attempting to use 
power derived from the Spending Clause of the Constitution to 
police First Amendment-protected speech. H.R. 4795 claims its 
target is ``nonexpressive'' activity, and as such it does not 
impact First Amendment speech. But the sponsors continuously 
reiterate their policy target is the BDS movement, a movement 
which is clear and open about the ideas it hopes to express via 
a boycott of Israel. It is clear that the boycott envisioned by 
BDS, is an expressive activity, one designed to express a 
political opinion and compel political activity. H.R. 4795 just 
calling it ``nonexpressive'' is a fig leaf courts will likely 
ignore, recognizing the bill implicates free speech. Congress 
cannot make a law abridging the freedom of speech, either 
directly, or in this case indirectly.
    Further, H.R. 4795 would likely fail the ``unconstitutional 
conditions'' doctrine, an established principle in case law 
that ``once the government has established a benefit, it may 
not deny that benefit to a person `on a basis that infringes 
his constitutionally protected interests.'''\11\ It is clear 
that under H.R. 4795, Congress would be attempting to force 
IHEs to adopt a particular view on an issue of public concern. 
And as Title IV's purpose as federal student aid has little to 
no nexus with the issue at hand, it is likely Courts will apply 
``heightened scrutiny to conditions that `seek to leverage 
funding' in a way that burdens constitutional rights `outside 
the contours of the program itself.'''\12\
---------------------------------------------------------------------------
    \11\Victoria L. Killion, Cong. Rsch. Serv., R46827, Funding 
Conditions: Constitutional Limits on Congress's Spending Power (2021), 
https://www.congress.gov/crs-product/R46827.
    \12\Id.
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 TITLE VI FUNDING SHOULD NOT FLOW TO SCHOOLS THAT HAMPER INTERNATIONAL 
                              COOPERATION

    The second provision of H.R. 4795 would require schools 
that apply for funding under HEA title VI to certify that they 
permit their students and faculty to engage with students and 
faculty of Israeli institutions of higher education.\13\ The 
Congressional Research Service (CRS) broadly describes the 
purpose of the programs authorized under title VI as ``to 
develop Americans'' ability to understand and interact with 
people from other societies, to improve diplomacy and global 
cooperation, and to help U.S. companies compete in 
international business.''\14\ These goals, unlike those of HEA 
Title IV, are directly related to the underlying requirement 
H.R. 4795 seeks to impose. It is wholly reasonable that IHEs 
that are applying for funding to further student's 
understanding of international cooperation would be expected 
not to sanction the boycotting of any nation. Such a condition 
on Title VI funds is constitutional, and many Committee 
Democrats support this provision, but could not support a bill 
that also included the broader Title IV conditioning discussed 
previously.
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    \13\H.R. 4795 Sec. 3, 119th Cong. (2025).
    \14\https://www.congress.gov/crs_external_products/R/PDF/R46508/
R46508.1.pdf.
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        DEMOCRATIC AMENDMENTS OFFERED DURING MARKUP OF H.R. 4795

    Committee Democrats did not offer any amendments during 
consideration of H.R. 4795.

                               CONCLUSION

    As mentioned earlier, to the extent that H.R. 4795 is aimed 
at the BDS movement in the United States, it is a solution in 
search of a problem. The BDS movement predates the Oct. 7, 2023 
attack on Israel, and while it may have limited student and 
faculty support it has never been endorsed by the 
administration of any domestic university. Regardless, the 
Majority can bring up bills like H.R. 4795 recognizing that 
movements that have to rely on the First Amendment to protect 
their right to speak are never popular. Further, they can take 
a policy that many members may agree with, requiring that 
schools that receive HEA funding for international education be 
open to international dialogue, and hold it hostage in an 
attempt to get members to support other policy they oppose. 
While they are well within their rights, this is not productive 
lawmaking, and does nothing to stem animus and division on 
college campuses or help students feel safe.

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