H.R. 2271: Change of Ownership and Conversion Improvement Act

H.R. 2271 is a federal bill in the 119th Congress. Currently, colleges that change ownership or convert from a for-profit to a non-profit structure follow existing federal processes. This bill would change that by requiring these institutions to go through a new pre-transaction review application process… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.