Bill Sponsor
BILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 7463
118th Congress(2023-2024)
Extension of Continuing Appropriations and Other Matters Act, 2024
Became Law
Amendments
Became Law
Became Public Law 118-40 on Mar 1, 2024
Overview
Text
Introduced
Feb 28, 2024
Latest Action
Mar 1, 2024
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
7463
Congress
118
Policy Area
Economics and Public Finance
Economics and Public Finance
Primary focus of measure is budgetary matters such as appropriations, public debt, the budget process, government lending, government accounts and trust funds; monetary policy and inflation; economic development, performance, and economic theory.
Sponsorship by Party
Republican
Kay Granger
Texas
House Votes (2)
Senate Votes (4)
Question
On Motion to Suspend the Rules and Pass
Status
Passed
Type
Roll Call Vote
Roll Call Vote
A vote that records the individual position of each Member who voted. Such votes occurring on the House floor (by the "yeas and nays" or by "recorded vote") are taken by electronic device. The Senate has no electronic voting system; in such votes, Senators answer "yea" or "nay" as the clerk calls each name aloud. Each vote is compiled by clerks and receives a roll call number (referenced in Congress.gov as a "Record Vote" [Senate] or "Roll no." [House]).
Roll Call Type
2/3 Yea-And-Nay
Roll Number
58
House Roll Call Votes
Summary

Extension of Continuing Appropriations and Other Matters Act, 2024

This bill provides continuing FY2024 appropriations for federal agencies, modifies the requirements for determining eligibility for federal student aid, and provides additional funding for Federal Pell Grants.

The bill is known as a continuing resolution (CR) and prevents a government shutdown that would otherwise occur if the FY2024 appropriations bills have not been enacted when the existing CR expires.

The CR provides funding through March 8, 2024, for agencies and programs that were funded in the following four FY2023 appropriations acts:

  • the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2023;
  • the Energy and Water Development and Related Agencies Appropriations Act, 2023;
  • the Military Construction, Veterans Affairs, and Related Agencies Appropriations Act, 2023; and
  • the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2023.

For most other federal agencies and programs, the CR provides funding through March 22, 2024.

(Under the current CR, the first group of agencies is funded through March 1, 2024, and the remaining agencies are funded through March 8, 2024.)

The CR generally funds most programs and activities at the FY2023 levels with several exceptions that provide funding flexibility and additional appropriations for various programs.

The bill also revises the computation of the student aid index (SAI) for dependent students, which is used to determine eligibility for federal student aid. The SAI for a dependent student is calculated using the Free Application for Federal Student Aid (FAFSA) data for the student and their parents. The FAFSA Processing System calculates the parents' contribution from income and assets, the student's contribution from income, and the student's contribution from assets; the SAI is the sum of these three values.

In particular, the bill specifies that a student's available income shall not be less than -$1,500 for award year 2024-2025 and not less than $0 for award year 2025-2026 and each succeeding award year.

The bill also provides specified additional funds for Federal Pell Grants for FY2025 and each succeeding fiscal year.

Text (4)
Enrolled Bill
Engrossed in House
February 29, 2024
Received in Senate
February 29, 2024
Introduced in House
February 28, 2024
Amendments (1)
Feb 29, 2024
Not Agreed to in Senate
2
Sponsorship
Senate Amendment 1614
To establish prohibitions relating to the purchase or sale of State or municipal securities.
Active
Public Record
Record Updated
Jul 24, 2024 3:18:23 PM
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