The Federal Pell Grant program is the largest program providing need-based grant aid to postsecondary students. In FY2023, the program made $31 billion in grant aid available to approximately 6.5 million low-income undergraduate students. Congress has considered several legislative proposals concerning Pell Grants in recent years, and it may choose to revisit them. This report provides a brief overview of selected recent proposals that would affect the Pell Grant program. It discusses pertinent aspects of the Pell Grant program as in effect for award year (AY) 2024-2025 and congressional arguments for and against proposals that were included in legislation upon which Congress took action beyond introduction or that garnered over 50 cosponsors in the 116th through the 119th Congresses as of March 1, 2025. Proposals specifically intended to reduce Pell Grant program costs, eligibility, or allowable uses were not contained within legislation that meets these criteria; however, some Members have put forward comprehensive HEA Title IV aid reforms that might decrease Pell Grant program costs. The proposals described in this report would: (1) modify budgetary treatment of the program; (2) expand the program; or (3) reduce federal tax liability and tax filing complications for Pell Grant recipients.