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S. 733: Innovation Zone Act

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S. 733: Innovation Zone Act

117th Congress · introduced 2021-03-11 · Education · Latest: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2021-03-11 · official record
  2. Who proposed it: Sen. Young, Todd [R-IN] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: 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.
  5. 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

Innovation Zone Act

Plain summary

Innovation Zone Act This bill replaces the Experimental Sites Initiative of the Department of Education (ED) with an innovation zone initiative consisting of voluntary experiments by participating institutions of higher education (IHEs). Upon selection of an experiment but prior to choosing the participating IHEs, ED must identify the methodology of data collection and the evaluation methods for determining the impact of the experiment, including any differential impacts for historically underrepresented students (e.g., students of color and low-income students). Under the experiment, ED and the IHEs may test the effectiveness of statutory and regulatory flexibility that aims for (1) an increase in student success (e.g., reductions in student loan debt and increases in student retention and employment outcomes); and (2) a reduction of regulatory burdens on IHEs or ED, without harm to students. The bill also requires ED to conduct a review of existing experiments.

Congressional Research Service summary (Introduced in Senate), 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)

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The strongest published arguments

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Alternatives

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

Officials and money

Sponsor: Sen. Young, Todd [R-IN] · 3 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Margaret Wood Hassan (D-NH), Bill Cassidy (R-LA), Tim Kaine (D-VA)

Sponsor's campaign money: Sen. Young, Todd [R-IN] reported raising $5.1 million (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)
Ballot initiative
A proposed law or constitutional amendment that citizens place on the ballot by gathering enough voter signatures, so voters decide it directly. About half the states allow some form of it.
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).
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

Record fed-us-cong117-s733 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117