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To provide for a limitation on availability of funds for Department of Education, College Housing and Academic Facilities Loans Program for fiscal year 2024.

12/15/2023, 3:56 PM

Summary of Bill HR 2029

Bill 118 hr 2029, also known as the "Limitation on Availability of Funds for Department of Education, College Housing and Academic Facilities Loans Program for Fiscal Year 2024," aims to place restrictions on the funds available for the Department of Education's College Housing and Academic Facilities Loans Program for the fiscal year 2024.

The bill seeks to limit the amount of money that can be allocated to this program, which provides loans for college housing and academic facilities. By placing a cap on the funds available, the bill aims to ensure that the program operates within a specified budget and does not exceed its financial resources.

This limitation on funds is intended to promote fiscal responsibility and accountability within the Department of Education, ensuring that taxpayer dollars are being used efficiently and effectively. The bill does not eliminate the program entirely, but rather seeks to control its spending to prevent any potential misuse or overspending. Overall, Bill 118 hr 2029 is a measure designed to regulate the allocation of funds for the Department of Education's College Housing and Academic Facilities Loans Program for the fiscal year 2024, with the goal of promoting financial prudence and responsible budgeting within the department.

Congressional Summary of HR 2029

This bill specifies that no FY2024 funding is authorized to be appropriated or made available for the Department of Education's College Housing and Academic Facilities Loans Program.

Current Status of Bill HR 2029

Bill HR 2029 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2029 was introduced during Congress 118 and was introduced to the House on March 29, 2023.  Bill HR 2029's most recent activity was Referred to the House Committee on Education and the Workforce. as of March 29, 2023

Bipartisan Support of Bill HR 2029

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
10
Democrat Cosponsors
0
Republican Cosponsors
10
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2029

Primary Policy Focus

Education

Alternate Title(s) of Bill HR 2029

To provide for a limitation on availability of funds for Department of Education, College Housing and Academic Facilities Loans Program for fiscal year 2024.
To provide for a limitation on availability of funds for Department of Education, College Housing and Academic Facilities Loans Program for fiscal year 2024.

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