According to an article by Mike Wynn in The Courier-Journal:
The Senate Education Committee unanimously approved legislation Thursday that would create an independent commission to strengthen oversight of for-profit colleges.
House Bill 308 calls for the new commission would… include four representatives from for-profit colleges, although they would constitute a minority. The panel also would have four at-large members, and representatives from the state Education and Workforce Development Cabinet, the state Department of Education and the Council on Postsecondary Education.
The measure also would create a student protection fund and strengthen the complaint process at such colleges. In addition, the bill would create a formal complaint process.
The measure wouldn’t actually change all that much about the state’s oversight system. Kentucky already has a board for for-profit colleges, the State Board for Proprietary Education. The problem is that six members of that board are representatives from for-profit colleges.
The proposed new board would still have 11 members, but only four of them would be employees of for-profit colleges.