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H.R. 7148IntroducedHouseSenatePresidentLawBecame law
Sec. 304 · H.R. 7148

Untitled section

Division B — DEPARTMENTS OF LABOR, HEALTH AND HUMAN SERVICES, AND EDUCATION, AND RELATED AGENCIES APPROPRIATIONS ACT, 2026 › Title III — DEPARTMENT OF EDUCATION

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No wording changed between Passed the House and On the Senate calendar.

How the text changed

Before / AfterRedline
Passed the House · Sec. 304

(a) An institution of higher education that maintains an endowment fund supported with funds appropriated for title III or V of the HEA for fiscal year 2026 may use the income from that fund to award scholarships to students, subject to the limitation in section 331(c)(3)(B)(i) of the HEA. The use of such income for such purposes, prior to the enactment of this Act, shall be considered to have been an allowable use of that income, subject to that limitation. (b) Subsection (a) shall be in effect until titles III and V of the HEA are reauthorized.

•HR 7148 EHSEC. 304
On the Senate calendar · Sec. 304

(a) An institution of higher education that maintains an endowment fund supported with funds appropriated for title III or V of the HEA for fiscal year 2026 may use the income from that fund to award scholarships to students, subject to the limitation in section 331(c)(3)(B)(i) of the HEA. The use of such income for such purposes, prior to the enactment of this Act, shall be considered to have been an allowable use of that income, subject to that limitation. (b) Subsection (a) shall be in effect until titles III and V of the HEA are reauthorized.

•HR 7148 PCSSEC. 304

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