IDEA Full Funding Act

Summary:  IDEA Full Funding Act Amends the Individuals with Disabilities Education Act (IDEA) to reauthorize and make appropriations for the grant program to assist states and outlying areas in providing special education and related services to children with disabilities. Sets the amount to be authorized and the amount to be appropriated for each fiscal year from FY2016-FY2024 as the greater of: (1) a specified amount, or (2) a specified percentage of an amount determined pursuant to a formula that multiplies the number of children receiving special education services by the average per-pupil expenditure in public elementary and secondary schools.  Authorizes and appropriates funds for FY2025 and each subsequent fiscal year equal to the greater of a specified amount or 40% of the amount determined using such formula.  Requires amounts appropriated to be expended consistent with pay-as-you-go requirements.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``IDEA Full Funding Act''.

SEC. 2. AMENDMENT TO IDEA.

    Section 611(i) of the Individuals with Disabilities Education Act 
(20 U.S.C. 1411(i)) is amended to read as follows:
    ``(i) Funding.--
            ``(1) In general.--For the purpose of carrying out this 
        part, other than section 619, there are authorized to be 
        appropriated--
                    ``(A) $12,872,421,000 or 17.7 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2016, and there are hereby appropriated 
                $1,374,573,000 or 1.6 percent of the amount determined 
                under paragraph (2), whichever is greater, for fiscal 
                year 2016, which shall become available for obligation 
                on July 1, 2016, and shall remain available through 
                September 30, 2017;
                    ``(B) $14,411,326,000 or 19.4 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2017, and there are hereby appropriated 
                $2,913,478,000 or 3.3 percent of the amount determined 
                under paragraph (2), whichever is greater, for fiscal 
                year 2017, which shall become available for obligation 
                on July 1, 2017, and shall remain available through 
                September 30, 2018;
                    ``(C) $16,134,207,000 or 21.2 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2018, and there are hereby appropriated 
                $4,636,359,000 or 5.1 percent of the amount determined 
                under paragraph (2), whichever is greater, for fiscal 
                year 2018, which shall become available for obligation 
                on July 1, 2018, and shall remain available through 
                September 30, 2019;
                    ``(D) $18,063,059,000 or 23.2 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2019, and there are hereby appropriated 
                $6,565,211,000 or 7.1 percent of the amount determined 
                under paragraph (2), whichever is greater, for fiscal 
                year 2019, which shall become available for obligation 
                on July 1, 2019, and shall remain available through 
                September 30, 2020;
                    ``(E) $20,222,507,000 or 25.4 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2020, and there are hereby appropriated 
                $8,724,659,000 or 9.3 percent of the amount determined 
                under paragraph (2), whichever is greater, for fiscal 
                year 2020, which shall become available for obligation 
                on July 1, 2020, and shall remain available through 
                September 30, 2021;
                    ``(F) $22,640,117,000 or 27.8 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2021, and there are hereby appropriated 
                $11,142,269,000 or 11.7 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2021, which shall become available for 
                obligation on July 1, 2021, and shall remain available 
                through September 30, 2022;
                    ``(G) $25,346,755,000 or 30.5 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2022, and there are hereby appropriated 
                $13,848,907,000 or 14.4 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2022, which shall become available for 
                obligation on July 1, 2022, and shall remain available 
                through September 30, 2023;
                    ``(H) $28,376,972,000 or 33.4 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2023, and there are hereby appropriated 
                $16,879,124,000 or 17.3 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2023, which shall become available for 
                obligation on July 1, 2023, and shall remain available 
                through September 30, 2024;
                    ``(I) $31,769,453,000 or 36.5 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2024, and there are hereby appropriated 
                $20,271,605,000 or 20.4 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2024, which shall become available for 
                obligation on July 1, 2024, and shall remain available 
                through September 30, 2025; and
                    ``(J) $35,567,506,000 or 40 percent of the amount 
                determined under paragraph (2), whichever is greater, 
                for fiscal year 2025 and each subsequent fiscal year, 
                and there are hereby appropriated $35,567,506,000 or 40 
                percent of the amount determined under paragraph (2), 
                whichever is greater, for fiscal year 2025 and each 
                subsequent fiscal year, which--
                            ``(i) shall become available for obligation 
                        with respect to fiscal year 2025 on July 1, 
                        2025, and shall remain available through 
                        September 30, 2026; and
                            ``(ii) shall become available for 
                        obligation with respect to each subsequent 
                        fiscal year on July 1 of that fiscal year and 
                        shall remain available through September 30 of 
                        the succeeding fiscal year.
            ``(2) Amount.--With respect to each subparagraph of 
        paragraph (1), the amount determined under this paragraph is 
        the product of--
                    ``(A) the total number of children with 
                disabilities in all States who--
                            ``(i) received special education and 
                        related services during the last school year 
                        that concluded before the first day of the 
                        fiscal year for which the determination is 
                        made; and
                            ``(ii) were aged--
                                    ``(I) 3 through 5 (with respect to 
                                the States that were eligible for 
                                grants under section 619); and
                                    ``(II) 6 through 21; and
                    ``(B) the average per-pupil expenditure in public 
                elementary schools and secondary schools in the United 
                States.''.

SEC. 3. OFFSETS.

    The amounts appropriated in 611(i) of the Individuals with 
Disabilities Education Act (20 U.S.C. 1411(i)), as amended by section 2 
of this Act, shall be expended consistent with pay-as-you-go 
requirements.