,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #dfci  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,octob] #aa1 #bjai,mr4
 ,ca/5 ( ,ill9ois 7= himself & ,mrs4    
,lee ( ,nevada7 introduc$ ! foll[+ bill2
 :i* 0 ref]r$ to ! ,committee on        
,education & ,labor  ,a ,,bill  ,to     
index ! maximum value ( ,f$]al ,pell    
,grants to inflation4  #a4 ,%ort title  
,?is ,act may be cit$ z ! ,pell ,grant  
,su/a9ability ,act4  #b4 ,f9d+s         
,congress f9ds ! foll[+3  7#a7 ,f #bjji 
?r\gh #bjah1 ! maximum discretion>y     
,f$]al ,pell ,grants "u section #dja ( !
 ,high] ,education ,act ( #aife /ay$    
flat :ile inflation 0 #ag p]c5t4  7#b7  
,! value ( ,f$]al ,pell ,grants mu/ keep
 pace ) /ud5ts' co/s 9 ord] to fulfill  
_! mission ( enabl+ l[]-income /ud5ts to
 att5d college4  #c4 ,index+ ,f$]al     
,pell ,grants to inflation ,section #dja
 ( ! ,high] ,education ,act ( #aife 7#bj
 ,u4,s4,c4 #ajgj;a7 is am5d$-- 7#a7 9   
subsection 7a77#a71 by /rik+ ?r\gh      
fiscal ye> #bjag2 &  7#b7 9 subsection  

7b77#g77;,c71 by am5d+ clause 7iii7 to  
read z foll[s3  7iii7 ,subsequ5t aw>d   
ye>s  7,i7 ,aw>d ye>s #bjah-bjai &      
#bjai-bjbj ,= ea* ( ! aw>d ye>s         
#bjah-bjai & #bjai-bjbj1 ! am\nt det]m9$
 "u ?is subp>agraph = purposes (        
subp>agraph 7,b77iii7 %all be equal to !
 am\nt det]m9$ "u clause 7ii7 = aw>d ye>
 #bjag-bjah4  7,,ii7 ,aw>d ye>          
#bjbj-bjba & ea* subsequ5t aw>d ye> ,=  
aw>d ye> #bjbj-bjba & ea* subsequ5t aw>d
 ye>1 ! am\nt det]m9$ "u ?is subp>agraph
 = purposes ( subp>agraph 7,b77iii7 %all
 be equal to--  7aa7 7,,aa7 #f1aie or ! 
total maximum ,f$]al ,pell ,grant = !   
prec$+ aw>d ye> 7z det]m9$ "u clause    
7iv77,,ii771 :i*ev] is great]1 increas$ 
by a p]c5tage equal to ! annual adju/m5t
 p]c5tage = ! aw>d ye> = :i* ! am\nt "u 
?is subp>agraph is be+ det]m9$2 r$uc$ by
 7,,bb7 #e1ace or ! maximum ,f$]al ,pell
 ,grant = :i* a /ud5t 0 eligible = !    
prec$+ aw>d ye>1 z specifi$ 9 ! la/     
enact$ appropriation ,act applicable to 
t ye>1 :i*ev] is great]2 &  7bb7 r\nd$  

to ! ne>e/ #e4  4