| Clyburn Floor Remarks on the Historically Black Colleges and Universities Capital Financing Improvement Act, H.R. 4154
Tuesday, November 13, 2007
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Mister Speaker, I would like to thank Speaker Pelosi, Majority Leader Hoyer, Chairman Miller, Ranking Members McKeon and Keller, Minority Leader Boehner, Minority Whip Blunt and Committee Members for bringing the Historically Black Colleges and Universities Capital Financing Improvement Act to the Floor and I rise in strong support of this legislation.
As a proud graduate of an HBCU, South Carolina State University, I understand the important role that HBCUs play in the development of our country. It is essential that this Congressional body do all it can to support these institutions and the students that they serve.
I requested the introduction of this bill, because many of the buildings and facilities at some of these fine colleges and universities are in deteriorating states. This bill goes a long way towards making it possible for many of these schools to refurbish their infrastructure to better serve the needs of their faculties and student bodies.
This legislation provides increased lending authority for bonds issued to support capital financing projects at HBCUs. Funds authorized from this bill will be used for the repair, renovation, and the construction of facilities used for instruction, research, and housing.
Mister Speaker, institutions of higher learning are only as good as what they produce, and in my opinion, no other set of institutions have a more impressive alumni roll than our nation’s HBCUs. I encourage my colleagues to support this legislation and I yield back the balance of my time.
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