3.0.0 697 2020-02-10T17:00:21Z 2020-02-10T17:00:21Z Senate S S 2005-04-05 109 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2005-04-05T14:56:48Z 2005-10-26 Sponsor introductory remarks on measure. (CR S11909) IntroReferral B00100 9 Library of Congress 2005-04-05 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S3205-3206) IntroReferral 2005-04-05 Sponsor introductory remarks on measure. (CR S3205) IntroReferral B00100 9 Library of Congress 2005-04-05 Introduced in Senate IntroReferral 10000 9 Library of Congress O000167 Sen. Obama, Barack [D-IL] Barack Obama D IL N I000025 Sen. Inouye, Daniel K. [D-HI] DANIEL INOUYE D HI KEN 2005-04-05 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2005-04-13 False Education Appropriations Authorization Economics and Public Finance Federal aid to education Finance and Financial Sector Government Operations and Politics Higher education Income Income tax Indexing (Economic policy) Interest Profit Scholarships State taxation Student loan funds Taxation Education 00 2005-04-05 Introduced in Senate 2005-04-12T20:11:41Z Higher Education Opportunity Through Pell Grant Expansion Act - Expresses the sense of the Senate that: (1) eligible undergraduate students should receive the maximum Federal Pell Grant amount established by this Act's amendment to the Higher Education Act of 1965 (HEA); and (2) sufficient funds should be appropriated to allow the awarding of such amount.

Authorizes and makes additional appropriations in a specified amount for FY 2006 to carry out HEA provisions for Federal Pell Grants.

Amends HEA to revise the maximum amount of a Federal Pell Grant to $5,100 for academic year 2005-2006.

Directs the Secretary of Education to adjust such maximum amount cumulatively every two academic years to account for any percentage increase in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor.

Prohibits the application of the annual updates (published in the Federal Register on December 23, 2004) to the allowance for State and other taxes in the tables used in the Federal Needs Analysis Methodology to determine a student's expected family contribution for the award year 2005-2006, to the extent such updates will reduce the amount of Federal student assistance for which the student is eligible.

Terminates special allowance payments for lenders or holders of student loans: (1) made or purchased after enactment of this Act; (2) not qualified for such payments before such enactment; or (3) made or purchased before such enactment, but having retired or defeased obligations after such enactment, or having a maturity or retirement date extended after such enactment.

Requires windfall profit offset payments from eligible lenders of student loans.

]]> Higher Education Opportunity Through Pell Grant Expansion Act Short Titles as Introduced Higher Education Opportunity Through Pell Grant Expansion Act Display Title Higher Education Opportunity Through Pell Grant Expansion Act Official Title as Introduced A bill to amend the Higher Education Act of 1965 to improve higher education, and for other purposes. Introduced in Senate 2005-04-05T04:00:00Z 2005-10-26 Sponsor introductory remarks on measure. (CR S11909) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.