H.R. 5587 would amend and reauthorize the Carl D. Perkins Career and Technical Education Act of 2006 through fiscal year 2022. That act funds secondary and postsecondary career and technical education (CTE). Under the General Education Provisions Act, those authorizations would be extended for an additional year, through 2023. The bill would authorize the appropriation of about $5.9 billion over the 2017-2021 period, and an additional $1.2 billion in 2022.
CBO estimates that implementing H.R. 5587 would cost $4.4 billion over the 2017-2021 period, and about $2.7 billion after 2021, assuming appropriation of the authorized amounts.
Enacting H.R. 5587 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply to this legislation.
CBO estimates that enacting H.R. 5587 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.
H.R. 5587 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments.