; and (2) in paragraph (2), by striking shall be developed and all that follows through the period at the end and inserting shall be developed for each academic year after academic year 2018–2019, by increasing each of the dollar amounts contained in such section for academic year 2018–2019 by a percentage equal to the estimated percentage increase in the Consumer Price Index (as determined by the Secretary for the most recent calendar year ending prior to the beginning of the academic year for which the determination is being made), and rounding the result to the nearest $10. . 411. Increasing the Federal Pell Grant auto-zero threshold Section 479(c) ( 20 U.S.C. 1087ss(c) ) is amended— (1) in paragraph (1)(B), by striking $23,000 and inserting $34,000 ; (2) in paragraph (2)(B), by striking $23,000 and inserting $34,000 ; and (3) in the matter following paragraph (2)(B), by striking adjusted according to increases in the Consumer Price Index, as defined in section 478(f) and inserting annually increased by the estimated percentage change in the Consumer Price Index, as defined in section 478(f), for the most recent calendar year ending prior to the beginning of an award year, and rounded to the nearest $1,000 . 412. Raising the total semesters of Federal Pell Grant eligibility Section 401(c)(5)(A) ( 20 U.S.C. 1070a(c)(5)(A) ), as amended by section 405, is further amended by striking 12 each place the term appears and inserting 14 . 413. Conforming amendments The Act ( 20 U.S.C. 1001 et seq.) is amended— (1) in section 401A(d)(1)(B)(i) ( 20 U.S.C. 1070a–1(d)(1)(B)(i) ), by striking section 401(b)(2)(B) and inserting section 401(b)(2) ; (2) in section 402D(d)(1) ( 20 U.S.C. 1070a–14(d)(1) ), by striking section 401(b)(2)(A) and inserting section 401(b)(1) ; (3) in section 420R(d)(2) ( 20 U.S.C. 1070h(d)(2) ), by striking subsection (b)(1), the matter following subsection (b)(2)(A)(v),