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H. Rept. 119-638 1 (2026-05-07)

handle is hein.congrecreports/crptxaigv0001 and id is 1 raw text is: AUTHENTICATED r U.S. GOVERNMENT INFORMATION 4 119TH CONGRESS REPORT 2d Session J HOUSE OF REPRESENTATIVES 119-638 FOSTER YOUTH POSTSECONDARY EDUCATION ACCESS AND SUCCESS ACT MAY 7, 2026.-Committed to the Committee of the Whole House on the State of the Union and ordered to be printed Mr. SMITH of Missouri, from the Committee on Ways and Means, submitted the following REPORT [To accompany H.R. 7463] [Including cost estimate of the Congressional Budget Office] The Committee on Ways and Means, to whom was referred the bill (H.R. 7463) to amend section 477 of the Social Security Act to increase the maximum education and training voucher amount and provide greater support for foster youth pursuing postsecondary education, having considered the same, reports favorably thereon with an amendment and recommends that the bill as amended do pass. CONTENTS Page I. SUMMARY AND BACKGROUND ................................................................. 2 A. Purpose and Sum m ary ..................................................................... 2 B. Background and Need for Legislation .................... 3 C. Legislative H istory ........................................................................... . 4 D . D esignated H earings ........................................................................ 4 II. EXPLANATION OF THE BILL ..................................................................... 4 A . Reasons for Change .......................................................................... 4 B. Explanation of Provisions ................................................................. 5 C . E ffective D ate ................................................................................... . 5 III. VOTE OF THE COM M ITTEE ........................................................................ 5 IV. BUDGET EFFECTS OF THE BILL ............................................................... 6 A. Committee Estimate of Budgetary Effects .................. 6 B. Statement Regarding New Budget Authority and Tax Expendi- tures Budget Authority .................................................................. 6 C. Cost Estimate Prepared by the Congressional Budget Office ....... 6 V. OTHER MATTERS TO BE DISCUSSED UNDER THE RULES OF THE H O U SE ......................................................................................................... . 9 A. Committee Oversight Findings and Recommendations ................. 9 B. Statement of General Performance Goals and Objectives ............ 10 69-006