CBO - excerpt:
H.R. 3990 would amend and reauthorize several titles of the Elementary and Secondary Education Act of 1965 (the ESEA, commonly referred to, in its most recently authorized form, as No Child Left Behind).....This bill would authorize funding through fiscal year 2018 for various activities, including support for teacher preparation and magnet and charter schools, as well as assistance to school districts affected by activities of the federal government (such as those on a military base). These authorizations would automatically be extended one year through 2019, under the General Education Provisions Act. H.R. 3990 also would reauthorize funding for the McKinney-Vento Homeless Assistance Act.
CBO estimates that H.R. 3990 would authorize the appropriation of $7.5 billion in 2013 and $38.6 billion over the 2013-2017 period. CBO projects that implementing the bill would have discretionary costs of $28.1 billion over the 2013-2017 period, assuming appropriation of the estimated amounts.
...H.R. 3989 (the Student Success Act), also ordered reported by the House Committee on Education and the Workforce on February 28, 2012, would amend and reauthorize additional sections of the ESEA. Together, CBO estimates that H.R. 3989 and H.R. 3990 would authorize the appropriation of approximately $24 billion for fiscal year 2013. The Congress appropriated a little more than $24 billion for activities authorized in the ESEA for fiscal year 2012.
