S. 3423 — Introduced in Senate

II 115th CONGRESS 2d Session S. 3423 IN THE SENATE OF THE UNITED STATES September 6, 2018 Mr. Scott (for himself and Mr. Cassidy) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions A BILL To revise the amounts for discretionary Federal Pell Grant funding, and for other purposes. 1. Short title This Act may be cited as the Promoting Academic Success Sustainably Act of 2018 or the PASS Act of 2018. 2. Amount of discretionary Federal Pell Grant funding (a) HEA Amendment Section 401(b)(2)(A)(i) of the Higher Education Act of 1965 (20 U.S.C. 1070a(b)(2)(A)(i)) is amended by striking clause (i) and inserting the following: (i) (I) the maximum Pell Grant, which shall be $5,135 for award year 2019–2020; or (II) the maximum Federal Pell Grant, which, for an award year subsequent to the 2019–2020 award year, shall be the amount specified in the Consolidated Appropriations Act, 2018 (Public Law 115–141), plus . (b) Rule of construction Nothing in this section, or the amendment made by this section, shall be construed to prohibit an appropriations Act from increasing the maximum Federal Pell Grant award above the level specified in section 401(b)(2)(A)(i) of the Higher Education Act of 1965 (20 U.S.C. 1070a(b)(2)(A)(i)) (as amended by subsection (a)) for future award years. (c) Conforming amendments (1) Section 401(b)(7)(C)(iv)(II)(aa) of the Higher Education Act of 1965 (20 U.S.C. 1070a(b)(7)(C)(iv)(II)(aa)) is amended by striking as specified in the last enacted appropriation Act applicable to that preceding award year and inserting as determined under paragraph (2)(A)(i) for that preceding award year. (2) Section 401(g) is amended by striking specified in such appropriation. 3. Rescission Section 401(b)(7)(A)(iv)(IX) of the Higher Education Act of 1965 (20 U.S.C. 1070a(b)(7)(A)(iv)(IX)) is amended by striking ‘‘$1,409,000,000’’ and inserting ‘‘$1,370,000,000’’.