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H.R.5530 / 114th Congress

HBCU Capital Financing Improvement Act

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

Official summary

Version 36 · Passed House amended · Jul 11, 2016

HBCU Capital Financing Improvement Act

(Sec. 2) This bill amends title III (Institutional Aid) of the Higher Education Act of 1965 to modify the HBCU Capital Financing Program. [The program guarantees low-cost private loans to historically black colleges and universities (HBCUs) to finance infrastructure repairs, maintenance, and construction.]

It replaces statutory references to "escrow account" with "bond insurance fund."

(Sec. 3) The bill authorizes the Department of Education to provide financial counseling that prepares an eligible HBCU to qualify for, apply for, and maintain a capital improvement loan.

(Sec. 4) It revises and expands reporting requirements for the HBCU Capital Financing Advisory Board.

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Who introduced it

Rep. Adams, Alma S. [D-NC-12] · D–NC

Committees

  • Health, Education, Labor, and Pensions Committee
  • Education and Workforce Committee
12 cosponsorship records, including any withdrawals

Actions

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  1. Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

  2. Motion to reconsider laid on the table Agreed to without objection.

  3. On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4606)

  4. Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H4606)

  5. DEBATE - The House proceeded with forty minutes of debate on H.R. 5530.

  6. Considered under suspension of the rules. (consideration: CR H4606-4607)

  7. Mr. Byrne moved to suspend the rules and pass the bill, as amended.

  8. Placed on the Union Calendar, Calendar No. 525.

  9. Reported (Amended) by the Committee on Education and the Workforce. H. Rept. 114-677.

  10. Reported (Amended) by the Committee on Education and the Workforce. H. Rept. 114-677.

  11. Ordered to be Reported (Amended) by Voice Vote.

  12. Committee Consideration and Mark-up Session Held.

  13. Referred to the House Committee on Education and the Workforce.

  14. Introduced in House

  15. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Jul 21, 2025. Consult Congress.gov for the current record.

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