The Senate remained in session throughout the weekend to wrap up revisions and procedural hurdles to the House’s coronavirus relief plan.
The amended package was passed on a party-line vote 50-49, and will now be sent back to the House, where lawmakers are not expected to make any changes and intend to send it to the president's desk in short order.
The Senate-passed bill — which closely mirrors President Joe Biden’s initial proposal, unveiled at the outset of his presidency — would allocate $170 billion for education. The bill included an amendment from the Senate that would close the so-called 90/10 loophole, though the change would not take effect until the Department of Education conducts a negotiated rulemaking process on the rule, starting no earlier than October. The soonest the rule would take effect would be July 1, 2023.
For more details on coronavirus relief, see NASFAA’s COVID-19 News Coverage page and stay tuned to Today’s News for more details on the legislative package.
Publication Date: 3/8/2021