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H.R. 5529, Accessing Higher Education Opportunities Act (CBO Report for Congress)

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Congress 114th
Date Requested June 22, 2016
Requested By House Committee on Education and the Workforce
Date Sent July 5, 2016
Description:

H.R. 5529 would reauthorize the Developing Hispanic-Serving Institutions Program and expand the types of activities that institutions can support with the grant funds. The bill would authorize the appropriation of $108 million for fiscal year 2016. The underlying authorization for the program has expired but the Congress has already appropriated $108 million for those grants in fiscal year 2016.

Enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.

CBO estimates that enacting H.R. 5529 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.

H.R. 5529 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments.

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