HB4515: Performance, Resources, Inclusion, Matters, for Equity Act PRIME Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To direct the Secretary of Education to award grants to institutions of higher education with an endowment lower than $900,000,000 and an annual operating revenue for athletic programs that is less than $20,000,000 to strengthen existing sports and athletic facilities at such institutions, and for other purposes.
Plain-language summary
The PRIME Act directs the Secretary of Education to give grants to smaller colleges and universities to improve their sports facilities and athletic programs. Eligible schools must have endowments below $900 million and annual athletic program revenue below $20 million. Endowments are permanent investment funds that generate income for institutions. The bill was recently introduced in Congress and has not yet advanced to .
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HB4515: Performance, Resources, Inclusion, Matters, for Equity Act PRIME Act
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Sponsors
Troy Carter
Primary SponsorCo-sponsors (18)
Alma Adams
James Clyburn
Bennie Thompson
Sheila Jackson-Lee
Yvette Clarke