[118th Congress Public Law 40]
[From the U.S. Government Publishing Office]



[[Page 138 STAT. 17]]

Public Law 118-40
118th Congress

                                 An Act


 
 Making further continuing appropriations for fiscal year 2024, and for 
         other purposes. <<NOTE: Mar. 1, 2024 -  [H.R. 7463]>> 

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, <<NOTE: Extension of 
Continuing Appropriations and Other Matters Act, 2024.>> 
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Extension of Continuing 
Appropriations and Other Matters Act, 2024''.
SEC. 2. TABLE OF CONTENTS.

    The table of contents of this Act is as follows:

Sec. 1. Short title.
Sec. 2. Table of contents.
Sec. 3. References.

      DIVISION A--EXTENSION OF CONTINUING APPROPRIATIONS ACT, 2024

                        DIVISION B--OTHER MATTERS

SEC. 3. REFERENCES.

    Except as expressly provided otherwise, any reference to ``this 
Act'' contained in any division of this Act shall be treated as 
referring only to the provisions of that division.

     DIVISION A <<NOTE: Extension of Continuing Appropriations Act, 
2024.>> --EXTENSION OF CONTINUING APPROPRIATIONS ACT, 2024

    Sec. 101.  The Continuing Appropriations Act, 2024 (division A of 
Public Law 118-15) is further amended--
            (1) by striking the date specified in section 
        106(3) <<NOTE: Ante, p. 3.>>  and inserting ``March 22, 2024''; 
        and
            (2) by striking the date specified in section 
        106(4) <<NOTE: Ante, p. 3.>>  and inserting ``March 8, 2024''.

     This division may be cited as the ``Extension of Continuing 
Appropriations Act, 2024''.

[[Page 138 STAT. 18]]

                        DIVISION B--OTHER MATTERS

SEC. 101. MODIFICATION TO FAFSA.

    (a) In General.--Section 475(g)(1) of the Higher Education Act of 
1965 (20 U.S.C. 1087oo(g)(1)), as amended by the FAFSA Simplification 
Act (title VII of division FF of Public Law 116-260), <<NOTE: 134 Stat. 
3144.>>  is further amended to read as follows:
            ``(1) In general.--The student's available income is equal 
        to--
                    ``(A) the difference between the student's total 
                income (determined in accordance with section 480) and 
                the adjustment to student income (determined in 
                accordance with paragraph (2)); multiplied by
                    ``(B) 50 percent,
        except that the amount determined under this paragraph shall not 
        be less than -$1,500 for award year 2024-2025 and not less than 
        zero for award year 2025-2026 and each award year thereafter.''.

    (b) Appropriation.--Section 401(b)(7)(A) of the Higher Education Act 
of 1965 (20 U.S.C. 1070a(b)(7)(A))), as amended by the FAFSA 
Simplification Act (title VII of division FF of Public Law 116-
260), <<NOTE: 134 Stat. 3195.>>  is further amended to read as follows:
                    ``(A) In general.--In addition to any funds 
                appropriated under paragraph (6) and any funds made 
                available for this section under any appropriations Act, 
                there are authorized to be appropriated, and there are 
                appropriated (out of any money in the Treasury not 
                otherwise appropriated) to carry out this section--
                          ``(i) $1,170,000,000 for fiscal year 2024;
                          ``(ii) $3,170,000,000 for fiscal year 2025;
                          ``(iii) $2,170,000,000 for fiscal year 2026; 
                      and
                          ``(iv) $1,236,000,000 for fiscal year 2027 and 
                      each succeeding fiscal year.''.

    (c) No Effect on Previous Appropriations.--Section 401(b)(7)(B)(i) 
of the Higher Education Act of 1965 (20 U.S.C. 1070a(b)(7)(B)(i)), as 
amended by the FAFSA Simplification Act (title VII of division FF of 
Public Law 116-260) <<NOTE: 134 Stat. 3195.>>  and section 102(b) of the 
FAFSA Simplification Act Technical Corrections Act (division R of Public 
Law 117-103), <<NOTE: 136 Stat. 819.>>  is amended by striking ``or 
2023'' and inserting ``2023, or 2024''.

    (d) <<NOTE: 20 USC 1070a note.>>  Effective Date.--The amendments 
made by this section shall take effect and apply as if included in the 
FAFSA Simplification Act and in accordance with section 701(b) of such 
Act, as amended by section 102(a) of the FAFSA Simplification Act 
Technical Corrections Act (division R of Public Law 117-103) (including 
the authorization provided under section 102(c)(1)(A) of such Act).
SEC. 102. BUDGETARY EFFECTS.

    (a) Statutory PAYGO Scorecards.--The budgetary effects of this 
division shall not be entered on either PAYGO scorecard maintained 
pursuant to section 4(d) of the Statutory Pay-As-You-Go Act of 2010.
    (b) Senate PAYGO Scorecards.--The budgetary effects of this division 
shall not be entered on any PAYGO scorecard maintained for purposes of 
section 4106 of H. Con. Res. 71 (115th Congress).

[[Page 138 STAT. 19]]

    (c) Classification of Budgetary Effects.--Notwithstanding Rule 3 of 
the Budget Scorekeeping Guidelines set forth in the joint explanatory 
statement of the committee of conference accompanying Conference Report 
105-217 and section 250(c)(8) of the Balanced Budget and Emergency 
Deficit Control Act of 1985, the budgetary effects of this division 
shall not be estimated--
            (1) for purposes of section 251 of such Act;
            (2) for purposes of an allocation to the Committee on 
        Appropriations pursuant to section 302(a) of the Congressional 
        Budget Act of 1974; and
            (3) for purposes of paragraph (4)(C) of section 3 of the 
        Statutory Pay-As-You-Go Act of 2010 as being included in an 
        appropriation Act.

    Approved March 1, 2024.

LEGISLATIVE HISTORY--H.R. 7463:
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CONGRESSIONAL RECORD, Vol. 170 (2024):
            Feb. 29, considered and passed House and Senate.

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