S. 4348

Summary

S. 4348, the PARITY Act, was introduced in the Senate on Apr 20, 2026 by Sen. Jim Banks (R) with 1 co-sponsor. It was referred to Health, Education, Labor, And Pensions, and last saw action on Apr 20, 2026: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Record

Text

S. 4348 has 1 co-sponsor.

119 S4348 IS: Promoting Access and Revenue Integrity Through Institutional Transparency Act
 U.S. Senate
 2026-04-20
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  2d Session  S. 4348  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.
1.
Short title
This Act may be cited as the   Promoting Access and Revenue Integrity Through Institutional Transparency Act   or the   PARITY Act  .
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).

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

A bill to repeal the 90/10 rule as it pertains to proprietary schools under title IV of the Higher Education Act of 1965.

Sponsors

Sen. Jim Banks (R) sponsors S. 4348, and 1 member has co-sponsored it.

Jim Banks

Sen. · R–IN · Sponsor

Introduced Apr 20, 2026

Rick Scott

Sen. · R–FL · Co-sponsor

Joined Jun 9, 2026

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Committees

S. 4348 went before 1 committee: Health, Education, Labor, and Pensions.

Health, Education, Labor, and Pensions

Health, Education, Labor, and Pensions

Referred To · Apr 20, 2026 · 747 Bills

Actions

S. 4348 has taken 2 actions since Apr 20, 2026.

Votes

S. 4348 has not gone to a roll call.

Related bills

1 bill is related to S. 4348, as Identical bill.

HR 9580PARITY ActJul 2, 2026 · Referred to the House Committee on Education and Workforce. · Identical bill

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Titles

S. 4348 goes by 4 titles, 2 of them short titles.

• PARITY Act — Display Title
• PARITY Act — Short Title(s) as Introduced
• Promoting Access and Revenue Integrity Through Institutional Transparency Act — Short Title(s) as Introduced
• A bill to repeal the 90/10 rule as it pertains to proprietary schools under title IV of the Higher Education Act of 1965. — Official Title as Introduced

Lobbying

2 clients hired 2 firms and 5 registered lobbyists who named S. 4348 in 2 quarterly filings, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Education, Veterans.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files S. 4348 under Education, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 4348’s is Education.

Source: congress.gov · legiscan.com