Trey Gowdy: “I have an amendment at the desk, Mr. Chairman. The Acting CHAIR. The Clerk will designate the amendment. The text of the…”

“I have an amendment at the desk, Mr. Chairman. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Add at the end the following new section: SECTION 3. HIGHER EDUCATION REGULATORY REFORM TASK FORCE. (a) Task Force Established.--Not later than 2 months after the date of enactment of this Act, the Secretary of Education shall establish the Higher Education Regulatory Reform Task Force. (b) Membership.--The Higher Education Regulatory Reform Task Force shall include-- (1) the Secretary of Education or the Secretary's designee; (2) a representative of the Advisory Committee on Student Financial Assistance established under section 491 of the Higher Education Act of 1965 (20 U.S.C. 1098); and (3) representatives from the higher education community, including-- (A) institutions of higher education, with equal representation of public and private nonprofit institutions, and two-year and four-year institutions, and with not less than 25 percent of such representative institutions carrying out distance education programs; and (B) nonprofit organizations representing institutions of higher education.…”