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HI HB389
Bill
Status
3/9/2021
Primary Sponsor
Matthew Lopresti
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AI Summary
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Requires accredited and non-accredited for-profit post-secondary educational institutions authorized to award degrees in Hawaii to disclose their for-profit status on official websites, promotional digital and print media, and contracts for instruction.
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Disclosure must state "(Name of Institution) IS A FOR-PROFIT BUSINESS IN THE STATE OF HAWAII" in type size as large or larger than other text (excluding institution name) and presented to draw reader attention.
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Allows abbreviated disclosure "(Name) A FOR-PROFIT BUSINESS IN THE STATE OF HAWAII" for advertisements in periodicals published by unaffiliated third parties.
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Amends Chapter 446E to require unaccredited for-profit institutions to also disclose their for-profit status using the same standards as accredited for-profit institutions.
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Takes effect July 1, 2060.
Legislative Description
Relating To Post-secondary Education.
Disclosure
Last Action
Report adopted; Passed Second Reading, as amended (SD 1) and referred to CPN/WAM.
3/25/2021