# 118-hr-7463: Extension of Continuing Appropriations and Other Matters Act, 2024

118-hr-7463, Extension of Continuing Appropriations and Other Matters Act, 2024, is a 118th Congress bill sponsored by Rep. Granger, Kay [R-TX-12] (R-TX); status became_law; PRIA reads it as touching household money (as of 2026-01-04).

- Canonical: https://policyrisk.com/legislation/118-hr-7463
- As of: 2026-01-04
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 118-hr-7463
- Congress: 118
- Title: Extension of Continuing Appropriations and Other Matters Act, 2024
- Status: became_law
- Introduced: 2024-02-28
- Sponsor: Rep. Granger, Kay [R-TX-12] (R-TX)
- Cosponsors: 0
- Policy area: Economics and Public Finance
- Touches household money: yes
- Last recorded action: 2026-01-04

## Summary

**This law halves the share of a student's income counted when calculating federal student aid, creating new minimum floors for award-year calculations.** It also provides specific implementation funding and directs that these budget effects be excluded from PAYGO scorecards. - Students and families: The law counts only 50 percent of the difference between a student’s total income and the student income adjustment when determining "available income." The floor is not less than -$1,500 for award year 2024-2025 and not less than $0 for award year 2025-2026 and later. - Colleges and aid administration: It funds implementation with additional appropriations of $1.2 billion in FY2024, $3.2 billion in FY2025, $2.2 billion in FY2026, and $1.2 billion in FY2027 and each succeeding fiscal year. - Federal budget process: The law says the division’s budgetary effects must not be entered on either PAYGO scorecard or estimated for certain budget allocation rules, so these costs are excluded from Senate and statutory PAYGO scorecards and some committee allocations. *This law increases federal spending by providing additional appropriations of $1.2 billion in FY2024, $3.2 billion in FY2025, $2.2 billion in FY2026, and $1.2 billion annually from FY2027 onward.*

## Votes

| Date | Chamber | Question | Result | Yea | Nay |
| --- | --- | --- | --- | --- | --- |
| 2024-02-29T19:47:00.000Z | senate | On Passage of the Bill H.R. 7463 | Bill Passed | 77 | 13 |
| 2024-02-29T19:35:00.000Z | senate | On the Motion (Cruz Motion to Commit H.R. 7463 to the Committee on Appropriations with Instructions) | Motion Rejected | 32 | 58 |
| 2024-02-29T19:21:00.000Z | senate | On the Motion (Lee Motion to Commit H.R. 7463 to the Committee on Appropriations with Instructions) | Motion Rejected | 12 | 77 |
| 2024-02-29T19:04:00.000Z | senate | On the Motion (Marshall Motion to Commit H.R. 7463 to the Committee on Appropriations with Instructions) | Motion Rejected | 14 | 76 |
| 2024-02-29T00:00:00.000Z | house | On Motion to Suspend the Rules and Pass | Passed | 320 | 99 |

## Provisions PRIA read

- More funding to run FAFSA changes: benefit, high. The government provides extra money to run FAFSA changes and student aid systems. It gives $1.17 billion for FY2024, $3.17 billion for FY2025, $2.17 billion for FY2026, and $1.236 billion for FY2027 and every year after. These funds are on top of other funding and take effect now.
- Lower counted income for FAFSA aid: benefit, medium. The law changes how your FAFSA counts your income. Your “available income” now equals 50% of (total income minus the student income adjustment). For award year 2024–2025, the result cannot be less than -$1,500. For 2025–2026 and later, it cannot be less than $0. This can lower your expected payment…

## Related bills

- 118-hr-5860: Continuing Appropriations Act, 2024 and Other Extensions Act
- 118-hr-6363: Further Continuing Appropriations and Other Extensions Act, 2024
- 118-hr-1096: 250th Anniversary of the United States Marine Corps Commemorative Coin Act
- 118-hr-7438: FIFA World Cup 2026 Commemorative Coin Act
- 118-hr-10190: Juneteenth Museum Act of 2024
- 118-hres-1566: Honoring the service and sacrifice of America's veterans on Veterans Day, 2024.

## Sources
- [118-hr-7463 on Congress.gov](https://www.congress.gov/bill/118th-congress/house-bill/7463)

## Related
- [118-hr-5860: Continuing Appropriations Act, 2024 and Other Extensions Act](https://policyrisk.com/legislation/118-hr-5860)
- [118-hr-6363: Further Continuing Appropriations and Other Extensions Act, 2024](https://policyrisk.com/legislation/118-hr-6363)
- [118-hr-1096: 250th Anniversary of the United States Marine Corps Commemorative Coin Act](https://policyrisk.com/legislation/118-hr-1096)
- [118-hr-7438: FIFA World Cup 2026 Commemorative Coin Act](https://policyrisk.com/legislation/118-hr-7438)
- [118-hr-10190: Juneteenth Museum Act of 2024](https://policyrisk.com/legislation/118-hr-10190)
- [118-hres-1566: Honoring the service and sacrifice of America's veterans on Veterans Day, 2024.](https://policyrisk.com/legislation/118-hres-1566)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/118-hr-7463 (as of 2026-01-04).