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H. Rept. 114-224 1 (2015-07-23)

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                    114TH CONGRESS                                         REPORT
                       1st Session    HOUSE   OF REPRESENTATIVES           114-224







                           NEED-BASED EDUCATIONAL AID ACT OF 2015



                     JULY 23, 2015.-Committed to the Committee of the Whole House on the State of
                                       the Union and ordered to be printed



                           Mr. GOODLATTE,  from  the Committee  on the Judiciary,
                                          submitted  the following


                                             REPORT

                                           [To accompany H.R. 2604]

                              [Including cost estimate of the Congressional Budget Office]

                      The  Committee   on the Judiciary, to whom  was  referred the bill
                    (H.R. 2604)  to improve  and reauthorize provisions relating to the
                    application of the antitrust laws to the award  of need-based  edu-
                    cational aid, having considered the same, reports favorably thereon
                    without amendment and recommends that the bill do pass.

                                                 CONTENTS
                                                                                    Page
                    Purpose and Sum m ary  ............................................................................................  1
                    Background and Need for the  Legislation  .............................................................  2
                    H earings ...................................................................................................................  3
                    Com m ittee  Consideration  ........................................................................................  3
                    C om m ittee  V otes  ......................................................................................................  3
                    Com m ittee  Oversight  Findings  ...............................................................................  4
                    New Budget Authority and Tax Expenditures .....................................................  4
                    Congressional Budget Office  Cost Estimate   .........................................................  4
                    Duplication of Federal Program s  ............................................................................  5
                    Disclosure of Directed  Rule  M akings  .....................................................................  5
                    Performance Goals and  Objectives  .........................................................................  5
                    A dvisory on  Earm arks  ............................................................................................  5
                    Section-by-Section  Analysis  ...................................................................................  5
                    Changes in Existing Law Made by the Bill, as Reported .....................................  5


                                         Purpose   and  Summary

                      H.R. 2604,  the Need-Based  Educational Aid  Act of 2015, would
                    extend for an additional 7 years an expiring exemption  to the anti-
                    trust laws, contained  in section 568 of the Improving   America's
                    Schools Act of 1994, that permits  colleges and universities to col-

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