A bill to provide a consumer protection framework necessary to support the growth of outcomes-based student financing tools to support workforce training, postsecondary education, and economic development, and for other purposes.
Bill Summary
Establishes rules to protect consumers using financing tools for workforce training, postsecondary education, and economic development. Requires a framework to support the growth of outcomes-based student financing tools.
Sponsored By
Bill Journey
- Jun 24, 2026
- Jun 24, 2026You Are Here
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
- TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
- TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
- TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.
Why It Matters
This bill affects students and consumers using financing tools for education and workforce training, by providing them with protections and a framework for outcomes-based financing. It also impacts providers of these financing tools, who will need to comply with the new consumer protection framework.
Impact Areas
Support & Opposition
- Republican1
Documents
1
Full text opens on congress.gov, the official source.
Bill Details
- Economy
- Education
- Retail
Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.