,i  #aah? ,,congress  #b;d ,session  ,h4
 ,r4 #gdhh  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #bi1         
#bjbd,mr4 ,c>bajal 7= himself & ,mr4    
,s*iff7 introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,education & !
 ,work=ce  ,a ,,bill  ,to increase !    
total maximum ,f$]al ,pell ,grant1 & =  
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,degrees ,n ,debt ,act 
( #bjbd4  #b4 ,increase 9 ! maximum     
am\nt ( a ,f$]al ,pell ,grant  7a7 ,aw>d
 ye> #bjbd-bjbe ,section                
#dja7;b77#g77;,c7 ( ! ,high] ,education 
,act ( #aife 7#bj ,u4,s4,c4             
#ajgj;a7b77#g77;,c77 is am5d$-- 7#a7 9  
clause 7i77,i71 by /rik+ clause         
7iv77,,ii7 & ins]t+ clause 7v77,,ii72   
7#b7 9 clause 7ii77,i71 by /rik+ clause 
7iv77,,ii7 & ins]t+ clause 7v77,,ii72   
7#c7 9 clause 7iii7-- 7,a7 9 ! head]1 by
 ins]t+ ?r\gh aw>d ye> #bjbc-bjbd be=e !
 p]iod2 &  7,b7 by ins]t+ ?r\gh aw>d ye>
 #bjbc-bjbd aft] subsequ5t aw>d ye>2    
7#d7 by r$esignat+ clause 7iv7 z clause 

7v72 &  7#e7 by ins]t+ aft] clause 7iii7
 ! foll[+3  7iv7 ,aw>d ye> #bjbd-bjbe ,=
 aw>d ye> #bjbd-bjbe1 ! am\nt det]m9$ "u
 ?is subp>agraph = purposes (           
subp>agraph 7,b77iii7 %all be equal to--
 7,i7 #ad1hjj2 r$uc$ by  7,,ii7 !       
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>2 &  7,,iii7    
r\nd$ to ! ne>e/ #e4  4  7b7 ,aw>d ye>  
#bjbe-bjbf & subsequ5t aw>d ye>s  7#a7  
,am5dm5t to aw>d am\nt ,section         
#dja7;b77#e77;,a7 ( ! ,high] ,education 
,act ( #aife 7#bj ,u4,s4,c4             
#ajgj;a7b77#e77;,a771 z am5d$ by section
 #gjc ( ! ,,fafsa ,simplification ,act  
7title ,,vii ( division ,,ff ( ,public  
,law #aaf-bfj7 & section                
#ajb7;b77#a77;,a7 ( ! ,,fafsa           
,simplification ,act ,te*nical          
,corrections ,act 7division ,r ( ,public
 ,law #aag-ajc71 is am5d$ to read z     
foll[s3  7,a7 7i7 ,aw>d ye>s #bjbd-bjbe 
& #bjbe-bjbf ,= aw>d ye>s #bjbd-bjbe &  

#bjbe-bjbf1 ! total maximum ,f$]al ,pell
 ,grant aw>d p] /ud5t %all be equal to  
#ad1hjj1 r$uc$ by ! am\nt specifi$ z !  
maximum ,f$]al ,pell ,grant 9 ! la/     
enact$ appropriation ,act applicable to 
t aw>d ye>4  7ii7 ,subsequ5t aw>d ye>s  
,= aw>d ye> #bjbf-bjbg1 & ea* subsequ5t 
aw>d ye>1 ! total maximum ,f$]al ,pell  
,grant aw>d p] /ud5t %all be equal to ! 
am\nt t is equal to #ad1hjj1 increas$ 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$1 !n r$uc$
 by ! am\nt specifi$ z ! maximum ,f$]al 
,pell ,grant 9 ! la/ enact$             
appropriation ,act applicable to t aw>d 
ye>4  4  7#b7 ,def9ition ,section       
#dja7;a77#b7 ( ! ,high] ,education ,act 
( #aife 7#bj ,u4,s4,c4 #ajgj;a7a77#b771 
z am5d$ by section #gjc ( ! ,,fafsa     
,simplification ,act 7title ,,vii (     
division ,,ff ( ,public ,law #aaf-bfj71 
is am5d$-- 7,a7 9 subp>agraph 7,e71 by  
/rik+ & aft] ! semicolon2  7,b7 9       
subp>agraph 7,f71 by /rik+ ! p]iod &    

ins]t+ 2 &2 &  7,c7 by add+ at ! end !  
foll[+3  7,g7 ! t]m annual adju/m5t     
p]c5tage z appli$ to an aw>d ye>1 is    
equal to ! e/imat$ p]c5tage *ange 9 !   
,consum] ,price ,index 7z det]m9$ by !  
,secret>y1 us+ ! def9ition 9 section    
#dgh7;f77 = ! mo/ rec5t cal5d> ye> end+ 
prior to ! beg9n+ ( t aw>d ye>4  4  7#c7
 ,effective date ,! am5dm5ts made by ?is
 subsection %all take effect z if       
includ$ 9 section #gjc ( ! ,,fafsa      
,simplification ,act 7title ,,vii (     
division ,,ff ( ,public ,law #aaf-bfj7 &
 9 accordance ) section #gja7;b7 ( su*  
,act1 z am5d$ by section #ajb7;a7 ( !   
,,fafsa ,simplification ,act ,te*nical  
,corrections ,act 7division ,r ( ,public
 ,law #aag-ajc7 7includ+ ! au?orization 
provid$ "u section #ajb7;c77#a77;,a7 (  
su* ,act74