An amendment numbered 13 printed in House Report 110-523 to require annual reporting by colleges and universities on how much of their endowment was paid out each year for the purpose of containing college costs.
What it does: Adds SEC. 112. ENDOWMENT REPORTING on page 63, line 17
Rep. Peter Welch (D-VT)Description
Amendment requires annual reporting by colleges and universities on how much of their endowment was paid out each year for the purpose of containing college costs.
What it changes
1 change to H.R. 4137
Adds SEC. 112. ENDOWMENT REPORTING on page 63, line 17
Adds a sectionPrinted pageInserted: SEC. 112. ENDOWMENT REPORTING.
Inserted: Part C of title I (20 U.S.C. 1015) is further amended by adding after section 135 (as added by section 111 of this Act) the following new section:
Inserted: "SEC. 136. ENDOWMENT REPORTING.
Inserted: "Each institution of higher education shall annually submit to the Secretary, in a form prescribed by the Secretary, a report on the expenditures made by such institution from any endowment funds of the institution for the purpose of reducing the costs of the programs of instruction offered by such institution, including the specific amounts expended for grants and other aid to reduce the amounts charged for tuition, fees, textbooks, meals, room and board.".
Original wording
Page 63, after line 17, insert the following new section (and redesignate the succeeding sections accordingly):
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
Page 63, after line 17, insert the following new section (and redesignate the succeeding sections accordingly):
SEC. 112. ENDOWMENT REPORTING.
Part C of title I (20 U.S.C. 1015) is further amended by adding after section 135 (as added by section 111 of this Act) the following new section:
“SEC. 136. ENDOWMENT REPORTING.
“Each institution of higher education shall annually submit to the Secretary, in a form prescribed by the Secretary, a report on the expenditures made by such institution from any endowment funds of the institution for the purpose of reducing the costs of the programs of instruction offered by such institution, including the specific amounts expended for grants and other aid to reduce the amounts charged for tuition, fees, textbooks, meals, room and board.”.
Legislative Activity
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House amendment offered
February 7, 2008
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House amendment offered
February 7, 2008
Amendment agreed to Committee of the Whole
February 7, 2008 • 3:29 PM
House amendment agreed to: On agreeing to the Welch (VT) amendment (A012) Agreed to by voice vote.
February 7, 2008 • 3:29 PM
House amendment offered/reported by : Amendment (A012) offered by Mr. Welch (VT).(consideration: CR H765-766; text: CR H765)
February 7, 2008 • 3:22 PM
Amendment (A012) offered by Mr. Welch (VT). (consideration: CR H765-766; text: CR H765)
February 7, 2008 • 3:22 PM
On agreeing to the Welch (VT) amendment (A012) Agreed to by voice vote.
February 7, 2008 • 3:29 PM