S4348Referred to Committee

PARITY Act

Introduced

In Committee

Passed One Chamber

Passed Both

Signed into Law

119th

Congress

2026-04-20

Introduced

Cosponsors

ⓘ

Type

Sponsor

Jim Banks

Republican · IN · Senator

Votes with party: 75.7% (847 recorded votes)

Full profile: /officials/B001299

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

1 cosponsor on record at Congress.gov. The named list is syncing into Govwatch and will appear here shortly — view on Congress.gov in the meantime.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

2026-04-20

Source: Congress.gov

Committee Activity

Currently in

Senate Committee on Health, Education, Labor, and PensionsReferred To · 2026-04-20

Previously

Health, Education, Labor, and Pensions CommitteeReferred To · 2026-04-20

Plain-English Summary

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AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Education

Full Bill Text

Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4348 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4348 To repeal the 90/10 rule as it pertains to proprietary schools under title IV of the Higher Education Act of 1965. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES April 20, 2026 Mr. Banks introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions _______________________________________________________________________ A BILL To repeal the 90/10 rule as it pertains to proprietary schools under title IV of the Higher Education Act of 1965. 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 ``Promoting Access and Revenue Integrity Through Institutional Transparency Act'' or the ``PARITY Act''. SEC. 2. REGULATORY RELIEF. Section 487 of the Higher Education Act of 1965 (20 U.S.C. 1094) is amended-- (1) in subsection (a), by repealing paragraph (24); and (2) by repealing subsection (d). <all>

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