Extension of Continuing Appropriations and Other Matters Act, 2024

Hozzl · 2024-03-20T16:47:42Z

Explore the details of House Bill 7463 Extension of Continuing Appropriations and Other Matters Act, 2024 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Economics and Public Finance. Stay informed on legislative developments.

3/20/2024, 4:47 PM

Congressional Summary of HR 7463

Extension of Continuing Appropriations and Other Matters Act, 2024

This act 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.

DIVISION A--EXTENSION OF CONTINUING APPROPRIATIONS ACT, 2024

Extension of Continuing Appropriations Act, 2024

This division 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.

DIVISION B--OTHER MATTERS

This division modifies the requirements for determining eligibility for federal student aid and provides additional funding for Federal Pell Grants.

(Sec. 101) This section 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 section 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 section also provides specified additional funds for Federal Pell Grants for FY2025 and each succeeding fiscal year.

(Sec. 102) This section exempts the budgetary effects of this division from (1) the Statutory Pay-As-You-Go Act of 2010 (PAYGO Act), (2) the Senate PAYGO rule, and (3) certain budget scorekeeping rules.

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Current Status of Bill HR 7463

Bill HR 7463 is currently in the status of Bill Introduced since February 28, 2024. Bill HR 7463 was introduced during Congress 118 and was introduced to the House on February 28, 2024. Bill HR 7463's most recent activity was Became Public Law No: 118-40. as of March 1, 2024

Bipartisan Support of Bill HR 7463

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 7463

Primary Policy Focus

Economics and Public Finance

Potential Impact Areas

ASEAN countriesAbortionAccess BoardAccounting and auditingAdministrative Conference of the U.S.Administrative law and regulatory proceduresAdoption and foster careAdvanced technology and technological innovationsAdvisory bodiesAfghanistanAfricaAfrican Development FoundationAgingAgricultural conservation and pollutionAgricultural educationAgricultural insuranceAgricultural marketing and promotionAgricultural researchAlabamaAlaskaAlaska Natives and HawaiiansAllergiesAlliancesAlternative and renewable resourcesAlternative dispute resolution, mediation, arbitrationAlternative treatmentsAmerican Battle Monuments CommissionAnimal and plant healthAppalachian Regional CommissionAppropriationsAquatic ecologyArab-Israeli relationsArchitect of the CapitolArea studies and international educationArizonaArkansasArmed Forces Retirement HomeArms control and nonproliferationArmy Corps of EngineersAsiaAtmospheric science and weatherAustraliaAviation and airportsAzerbaijanBangladeshBirth defectsBlood and blood diseasesBorder security and unlawful immigrationBroadcasting, cable, digital technologiesBudget processBuilding constructionBurmaBuy American requirementsCaliforniaCambodiaCanadaCancerCardiovascular and respiratory healthCaribbean areaCemeteries and funeralsCensus and government statisticsCenters for Disease Control and Prevention (CDC)Central African RepublicCentral AmericaCentral EuropeCentral Intelligence Agency (CIA)Child care and developmentChild healthChild safety and welfareChinaCitizenship and naturalizationCivics educationClimate change and greenhouse gasesCoalCoast guardCollective securityColombiaCommission on Civil RightsCommittee for Purchase from People Who Are Blind or Severely DisabledCommodity Credit CorporationCommodity Futures Trading CommissionCommutingComputer security and identity theftComputers and information technologyConflicts and warsCongressional Budget Office (CBO)Congressional Research Service (CRS)Congressional agenciesCongressional committeesCongressional leadershipCongressional officers and employeesCongressional oversightConsumer Product Safety CommissionCorporation for Public BroadcastingCorrectional facilities and imprisonmentCrime victimsCriminal justice information and recordsCriminal procedure and sentencingCubaCultural exchanges and relationsDefense Nuclear Facilities Safety BoardDefense spendingDelta Regional AuthorityDemocratic Republic of the CongoDenali CommissionDental careDepartment of AgricultureDepartment of CommerceDepartment of DefenseDepartment of EducationDepartment of EnergyDepartment of Health and Human ServicesDepartment of Homeland SecurityDepartment of Housing and Urban DevelopmentDepartment of JusticeDepartment of LaborDepartment of StateDepartment of TransportationDepartment of Veterans AffairsDepartment of the InteriorDepartment of the TreasuryDigestive and metabolic diseasesDiplomacy, foreign officials, Americans abroadDisability and health-based discriminationDisability and paralysisDisaster relief and insuranceDistrict of ColumbiaDomestic violence and child abuseDrug Enforcement Administration (DEA)Drug safety, medical device, and laboratory regulationDrug therapyDrug trafficking and controlled substancesDrug, alcohol, tobacco useEducation of the disadvantagedEducation programs fundingEducational facilities and institutionsEgyptElection Assistance CommissionElectric power generation and transmissionElementary and secondary educationEmergency communications systemsEmergency medical services and trauma careEmergency planning and evacuationEmployee benefits and pensionsEmployee hiringEmployment and training programsEmployment discrimination and employee rightsEndangered and threatened speciesEnergy assistance for the poor and agedEnergy efficiency and conservationEnergy researchEnvironmental Protection Agency (EPA)Environmental assessment, monitoring, researchEnvironmental healthEnvironmental technologyEqual Employment Opportunity Commission (EEOC)EthiopiaEuropeEvidence and witnessesExecutive Office of the PresidentExport-Import Bank of the United StatesFamily planning and birth controlFamily servicesFarm Credit AdministrationFarmlandFederal Bureau of Investigation (FBI)Federal Communications Commission (FCC)Federal Deposit Insurance Corporation (FDIC)Federal Election Commission (FEC)Federal Emergency Management Agency (FEMA)Federal Energy Regulatory Commission (FERC)Federal Labor Relations AuthorityFederal Maritime CommissionFederal Mediation and Conciliation ServiceFederal Mine Safety and Health Review CommissionFederal Prison Industries, Inc.Federal Trade Commission (FTC)Federal appellate courtsFederal district courtsFederal officialsFederal-Indian relationsFirearms and explosivesFiresFirst responders and emergency personnelFishesFloods and storm protectionFloridaFood assistance and reliefFood supply, safety, and labelingForeign aid and international reliefForeign laborForeign language and bilingual programsForests, forestry, treesFraud offenses and financial crimesFree trade and trade barriersGaza StripGeneral Services AdministrationGeneticsGeorgiaGeorgia (Republic)Government Accountability Office (GAO)Government National Mortgage Association (Ginnie Mae)Government Publishing Office (GPO)Government buildings, facilities, and propertyGovernment corporations and government-sponsored enterprisesGovernment employee pay, benefits, personnel managementGovernment information and archivesGovernment lending and loan guaranteesGovernment trust fundsGreat LakesGuamHIV/AIDSHaitiHawaiiHazardous wastes and toxic substancesHealth care coverage and accessHealth facilities and institutionsHealth personnelHealth programs administration and fundingHealth promotion and preventive careHealth technology, devices, suppliesHearing, speech, and vision careHereditary and development disordersHigher educationHistoric sites and heritage areasHistorical and cultural resourcesHomelessness and emergency shelterHouse of RepresentativesHousing and community development fundingHousing finance and home ownershipHousing for the elderly and disabledHousing industry and standardsHuman rightsHuman traffickingHumanities programs fundingHybrid, electric, and advanced technology vehiclesIllinoisImmigrant health and welfareImmigration status and proceduresImmunology and vaccinationIndian claimsIndian lands and resources rightsIndian social and development programsInfectious and parasitic diseasesInflation and pricesInfrastructure developmentIntellectual propertyIntelligence activities, surveillance, classified informationInter-American Foundation

Alternate Title(s) of Bill HR 7463

Extension of Continuing Appropriations and Other Matters Act, 2024Making further continuing appropriations for fiscal year 2024, and for other purposes.Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2024Consolidated Appropriations Act, 2024Extension of Continuing Appropriations Act, 2024Extension of Continuing Appropriations and Other Matters Act, 2024Extension of Continuing Appropriations Act, 2024Extension of Continuing Appropriations and Other Matters Act, 2024Extension of Continuing Appropriations and Other Matters Act, 2024Extension of Continuing Appropriations and Other Matters Act, 2024

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Comments

Sponsors and Cosponsors of HR 7463

Kay Granger

Texas(Republican)

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