On the recordFebruary 1, 2024
I ask unanimous consent that the text of the bill be printed in the Record. There being no objection, the text of the bill was ordered to be printed in the Record, as follows: S. 3727 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Proprietary Education Oversight Task Force Act''. SEC. 2. DEFINITIONS. In this Act: (1) Accrediting agency.--The term ``accrediting agency'' means a private educational association that acts as a reliable authority on the quality of education or training provided by an institution of higher education and is recognized by the Secretary under section 496 of the Higher Education Act of 1965 (20 U.S.C. 1099b). (2) Department.--Unless otherwise expressly provided, the term ``Department'' means the Department of Education. (3) Executive officer.--The term ``executive officer'', with respect to a proprietary institution of higher education that is a publicly traded corporation, means-- (A) the president of the corporation; (B) a vice president of the corporation who is in charge of a principal business unit, division, or function of the corporation, such as sales, administration, or finance; or (C) any other officer or person who performs a policy- making function for the corporation, including an executive officer of a subsidiary of the corporation if the officer performs a policy making function for the corporation.…





