119th Congress · introduced in the House · Mar 21, 2025
Change of Ownership and Conversion Improvement Act
Official title from Congress.gov
Latest action (Mar 21, 2025): Referred to the House Committee on Education and Workforce.
View on Congress.govPolicy area: Education
Congressional Research Service summary, version: Introduced in House (Mar 21, 2025)
Change of Ownership and Conversion Improvement Act
This bill revises the application and review process for institutions of higher education (IHEs) to change ownership or for a proprietary (i.e., for-profit) IHE to convert to public or other nonprofit status.
Specifically, the bill (1) establishes a pretransaction review application, and (2) requires an IHE to pay an administrative fee to the Department of Education (ED) for change in ownership or conversion transactions or pretransaction reviews. In the case of a for-profit IHE seeking conversion or a pretransaction review for conversion, ED must remit 50% of the administrative fee to the Internal Revenue Service (IRS) to determine whether the IHE is exempt from tax and is otherwise in compliance with the applicable requirements of the Internal Revenue Code of 1986 (IRC).
The bill establishes time frames for ED to approve or deny applications. The bill also includes various reporting requirements.
An IHE that has been approved for conversion by ED must be subject to a five-year monitoring period and must also pay an annual fee for this monitoring. ED must remit 50% of the annual fee to the IRS for monitoring the IHE's compliance with the IRC.
The Government Accountability Office must report on the implementation of this bill's provisions.
No cosponsors.
Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Referred to the House Committee on Education and Workforce.
Introduced in House
Introduced in House
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LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsCoverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 24, 2026.
5 citations.
CAREER EDUCATION COLLEGES & UNIVERSITIES (FKA ASS'N OF PRIVATE SECTOR COLLEGES A · lobbying firm or registrant: CAREER EDUCATION COLLEGES & UNIVERSITIES (FKA ASS'N OF PRIVATE SECTOR COLLEGES A
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Education
$125,000
Spent on own lobbying
…to reduce loan limits S. 235 Apprenticeship Pathways Act of 2025 H.R. 1174 Ensuring Distance Education Act H.R. 1176 Clock Hour Program Student Protection Act H.R. 2271 Change of Ownership and Conversion Improvement Act H.R. 1391 Student Veteran Benefit Restoration Act of 2025 S. 2511 College Transparency Act S. 1559 Know Befo…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CAREER EDUCATION COLLEGES & UNIVERSITIES (FKA ASS'N OF PRIVATE SECTOR COLLEGES A · lobbying firm or registrant: CAREER EDUCATION COLLEGES & UNIVERSITIES (FKA ASS'N OF PRIVATE SECTOR COLLEGES A
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · posted Jan 20, 2026 · issue area: Education
$110,000
Spent on own lobbying
…to reduce loan limits S. 235 Apprenticeship Pathways Act of 2025 H.R. 1174 Ensuring Distance Education Act H.R. 1176 Clock Hour Program Student Protection Act H.R. 2271 Change of Ownership and Conversion Improvement Act H.R. 1391 Student Veteran Benefit Restoration Act of 2025 S. 2511 College Transparency Act S. 1559 Know Befo…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CAREER EDUCATION COLLEGES & UNIVERSITIES (FKA ASS'N OF PRIVATE SECTOR COLLEGES A · lobbying firm or registrant: CAREER EDUCATION COLLEGES & UNIVERSITIES (FKA ASS'N OF PRIVATE SECTOR COLLEGES A
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · posted Oct 20, 2025 · issue area: Education
$100,000
Spent on own lobbying
…to reduce loan limits S. 235 Apprenticeship Pathways Act of 2025 H.R. 1174 Ensuring Distance Education Act H.R. 1176 Clock Hour Program Student Protection Act H.R. 2271 Change of Ownership and Conversion Improvement Act H.R. 1391 Student Veteran Benefit Restoration Act of 2025 S. 2511 College Transparency Act S. 1559 Know Befo…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CAREER EDUCATION COLLEGES & UNIVERSITIES (FKA ASS'N OF PRIVATE SECTOR COLLEGES A · lobbying firm or registrant: CAREER EDUCATION COLLEGES & UNIVERSITIES (FKA ASS'N OF PRIVATE SECTOR COLLEGES A
2025 Q2 report (Apr 1, 2025 – Jun 30, 2025) · posted Jul 16, 2025 · issue area: Education
$100,000
Spent on own lobbying
…2025 - S. 308 Graduate Opportunity and Affordable Loans Act - H.R. 1174 Ensuring Distance Education Act - H.R. 1176 Clock Hour Program Student Protection Act - H.R. 2271 Change of Ownership and Conversion Improvement Act - H.R. 1391 Student Veteran Benefit Restoration Act of 2025 - S. 994 PROTECT Students Act of 2025
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CAREER EDUCATION COLLEGES & UNIVERSITIES (FKA ASS'N OF PRIVATE SECTOR COLLEGES A · lobbying firm or registrant: CAREER EDUCATION COLLEGES & UNIVERSITIES (FKA ASS'N OF PRIVATE SECTOR COLLEGES A
2025 Q1 report (Jan 1, 2025 – Mar 31, 2025) · posted May 9, 2025 · issue area: Education
$100,000
Spent on own lobbying
…2025 - S. 308 Graduate Opportunity and Affordable Loans Ac - H.R. 1174 Ensuring Distance Education Act - H.R. 1176 Clock Hour Program Student Protection Act - H.R. 2271 Change of Ownership and Conversion Improvement Act - H.R. 1391 Student Veteran Benefit Restoration Act of 2025 - S. 994 PROTECT Students Act of 2025
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing