Federal Update

Federal Update

February 2, 2024

Last Friday, U.S. Senators Todd Young (R-Ind.), Maggie Hassan (D-N.H.), Mike Braun (R-Ind.), and Tim Kaine (D-Va.) reintroduced the Innovation Zone Act. The Act would reform the Experimental Sites Initiative and would rename experimental sites to “Innovation Zones” where certain ED regulations can be experimentally waived for select institutions.The IZ Act would require the Secretary of the Department to establisha methodology for capturing data before an experiment begins and gives both institutions and stakeholders an opportunity to submit suggestions for future experiments. The full bill text may be found here.