Political Quotes

“Madam President, 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. 4701 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 ``Protecting Our Students and Taxpayers Act of 2024'' or ``POST Act of 2024''. SEC. 2. 85/15 RULE. (a) In General.--Section 102(b) of the Higher Education Act of 1965 (20 U.S.C. 1002(b)) is amended-- (1) in paragraph (1)-- (A) in subparagraph (D), by striking ``and'' after the semicolon; (B) in subparagraph (E), by striking the period at the end and inserting ``; and''; and (C) by adding at the end the following: ``(F) meets the requirements of paragraph (2).''; (2) by redesignating paragraph (2) as paragraph (3); and (3) by inserting after paragraph (1) the following: ``(2) Revenue sources.-- ``(A) Definitions.--In this paragraph: ``(i) Alternative financing arrangement.--The term `alternative financing agreement' means a financing agreement between-- ``(I) a student of an institution; and ``(II)(aa) the institution; ``(bb) any entity or individual-- ``(AA) in the institution's ownership tree; or ``(BB) with any common ownership of the institution and the entity providing the funds; or ``(cc)(AA) an entity that has any other relationship or agreement with the institution; or ``(BB) an entity with common ownership wi…”