Bill > HR1852

This bill clarifies the definition of a nonprofit institution of higher education (IHE) under the Higher Education Act of 1965 by ensuring that any college or university recognized as a nonprofit organization under section 501(c)(3) of the Internal Revenue Code is automatically considered a nonprofit institution of higher education for the purposes of the Act. Specifically, the bill adds language to the existing law that mandates that any educational institution holding a 501(c)(3) tax-exempt status shall be deemed a nonprofit IHE, removing any potential ambiguity about their classification. This legislative change aims to provide clear and consistent treatment of nonprofit educational institutions, ensuring that organizations that are already recognized as tax-exempt nonprofit entities by the IRS will also be considered nonprofit institutions of higher education under federal education law, which could have implications for funding, regulations, and other educational policy considerations.

Education

https://www.congress.gov/bill/119th-congress/house-bill/1852/all-info