HR 124 IH

To provide for the full funding of Federal Pell Grants.

January 3, 2001

Mr. KELLER introduced the following bill; which was referred to the Committee on Education and the Workforce

To provide for the full funding of Federal Pell Grants.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the `Pell Grant Full Funding Act of 2001'.

SEC. 2. AVAILABILITY OF FUNDS FOR FULLY FUNDING FEDERAL PELL GRANTS.

(a) AMENDMENT- Section 401 of the Higher Education Act of 1965 (20 U.S.C. 1070a) is amended by adding at the end the following new subsection:

`(k) AVAILABILITY OF FUNDS- Each fiscal year there shall be available to the Secretary, from funds not otherwise appropriated, such amounts as may be necessary to pay to each student the amount for which such student is eligible under this section.'.

(b) CONFORMING AMENDMENT- Section 401(b)(3)(A) of such Act is amended by striking `for which an appropriation Act provides a maximum basic grant in an amount in excess of $2,700'.

END