H.R. 5530: HBCU Capital Financing Improvement Act

114th Congress · introduced 2016-06-20 · Education · Latest: Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

federal

Follow this bill, step by step

Where it came from: introduced 2016-06-20 · official record
Who proposed it: Rep. Adams, Alma S. [D-NC-12] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

HBCU Capital Financing Improvement Act

Plain summary

HBCU Capital Financing Improvement Act (Sec. 2) This bill amends title III (Institutional Aid) of the Higher Education Act of 1965 to modify the HBCU Capital Financing Program. [The program guarantees low-cost private loans to historically black colleges and universities (HBCUs) to finance infrastructure repairs, maintenance, and construction.] It replaces statutory references to "escrow account" with "bond insurance fund." (Sec. 3) The bill authorizes the Department of Education to provide financial counseling that prepares an eligible HBCU to qualify for, apply for, and maintain a capital improvement loan. (Sec. 4) It revises and expands reporting requirements for the HBCU Capital Financing Advisory Board.

Congressional Research Service summary (Passed House amended), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

HBCU Capital Financing Improvement Act

Source: Congressional Research Service summary (Passed House amended)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Adams, Alma S. [D-NC-12] · 12 cosponsors

Cost estimate: CBO cost estimate: H.R. 5530, HBCU Capital Financing Improvement Act (2016-07-06)

Cosponsors on this site

Robert C. "Bobby" Scott (D-VA), Joe Courtney (D-CT), Glenn Thompson (R-PA), Suzanne Bonamici (D-OR), Mark Pocan (D-WI), Frederica S. Wilson (D-FL)

Sponsor's campaign money: Rep. Adams, Alma S. [D-NC-12] reported raising $483,375 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (3)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Bond: A way to borrow money. A government sells bonds to raise money now and promises to pay it back with interest over time. Bonds repaid from taxes often need voter approval.
Statute: A written law passed by a legislature. A statute can be changed by a later law; changing a constitution needs an amendment.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Passed House amended)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-114hr5530.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/114/hr>

Record fed-us-cong114-hr5530 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114