H.R. 2353 would amend the Carl D. Perkins Career and Technical Education Act of 2006 and reauthorize secondary and postsecondary career and technical education (CTE) programs through fiscal year 2023. The bill would authorize the appropriation of $5.9 billion over the 2018-2022 period, and an additional $1.2 billion in 2023. Under the General Education Provisions Act, those authorizations would be extended automatically for an additional year through 2024.
CBO estimates that implementing H.R. 2353 would cost $4.4 billion over the 2018-2022 period, and about $4 billion after 2022, assuming appropriation of the authorized amounts.
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. 2353 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028.