HR1742-118

Introduced

To index the maximum value of Federal Pell Grants to inflation.

118th Congress Introduced Mar 23, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill creates short title This Act may be cited as the Pell Grant Sustainability Act, creates findings Congress finds the following: The purchasing power of the Federal Pell Grant has declined rapidly since the 1970s, and creates indexing Federal Pell Grants to inflation Section 401 of the Higher Education Act of 1965 (20 U.S.C. It relies on grants, compliance mandates, definition changes, and appropriations. The main policy areas are Regulated Industries and Education.

Who Benefits and How

Educational institutions and students affected by the bill could gain revenue opportunities, Public beneficiaries or protected communities affected by the clause could face reduced risk, and Regulated entities and members of the public affected by the bill could gain revenue opportunities.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.

Key Provisions

  • Creates short title This Act may be cited as the Pell Grant Sustainability Act.
  • Creates findings Congress finds the following: The purchasing power of the Federal Pell Grant has declined rapidly since the 1970s.
  • Creates indexing Federal Pell Grants to inflation Section 401 of the Higher Education Act of 1965 (20 U.S.C.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill creates short title This Act may be cited as the Pell Grant Sustainability Act, creates findings Congress finds the following: The purchasing power of the Federal Pell Grant has declined rapidly since the 1970s, and creates indexing Federal Pell Grants to inflation Section 401 of the Higher Education Act of 1965 (20 U.S.C.

Key Policy Areas

Regulated Industries, Education

Primary Purpose

The bill creates short title This Act may be cited as the Pell Grant Sustainability Act, creates findings Congress finds the following: The purchasing power of the Federal Pell Grant has declined rapidly since the 1970s, and creates indexing Federal Pell Grants to inflation Section 401 of the Higher Education Act of 1965 (20 U.S.C.

Policy Domains

Regulated Industries Education

Whole bill

Identified Gains
  • Educational institutions and students affected by the bill
  • Public beneficiaries or protected communities affected by the clause
  • Regulated entities and members of the public affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Educational institutions and students affected by the bill: ,
Regulated entities and members of the public affected by the bill:
Public beneficiaries or protected communities affected by the clause: ,
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Federal, state, or local agencies responsible for implementing the clause: ,

Legislative Progress

Introduced
Introduced Committee Passed
Mar 23, 2023

Mr. Casten (for himself, Mrs. Lee of Nevada, Mr. Moulton, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Regulated Industries Education

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology