Detailed Instructions: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Q: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Equal Protection School Finance
Act''.

SEC. 2. FINDINGS.

The Congress finds the following:
(1) There are systems of public school finance within
States which subject American children to educations of
radically varying and grossly unequal quality solely on the
basis of where they live.
(2) In its unanimous decision in the case of Brown v. Board
of Education, 347 U.S. 483, 493 (1954), the Supreme Court
stated: ''In these days, it is doubtful that any child may
reasonably be expected to succeed in life if he is denied the
opportunity of an education. Such an opportunity, where the
state has undertaken to provide it, is a right which must be
made available to all on equal terms.''
(3) Education is a fundamental right under the equal
protection clause of the United States Constitution.
(4) The provision of education to all children within a
State on an equal basis, including equality of financial
resources, is fundamental to the equal protection of laws.

SEC. 3. EQUALIZATION SYSTEM.

(a) In General.--Subject to subsection (c), beginning 5 years after
the date of enactment of this Act, a State shall be ineligible to
receive Federal funds as specified in section 4(c) if such State does
not maintain a coefficient of variation of at least 10 percent for per-
pupil expenditures in local educational agencies statewide, for
elementary and secondary education in such State.
(b) Coefficient of Variation Defined.--In this section, the term
''coefficient of variation'' means the standard deviation of local
educational agency expenditures divided by the mean per-student
expenditure, calculated--
(1) based on intrastate expenditures for current
operations, as determined by the State, without regard to
Federal contributions; and
(2) excluding--
(A) local educational agencies with fewer than 250
students;
(B) capital expenditures; and
(C) funds targeted to address a specific need (such
as educationally disadvantaged, handicapped, gifted, or
language-deficient students), without regard to the
source of such funds, but nothing in this Act shall
preclude a State or the Federal Government from
providing additional resources to local educational
agencies to address any such specific need.
(c) Waiver.--The Secretary may provide a single waiver of
subsection (a) and provide continued funding for elementary and
secondary education to a State which has not complied with the
requirements of such subsection, if such State submits to the Secretary
a plan for compliance which the Secretary determines will bring the
State into compliance within 5 years. A waiver under this subsection
may not be granted for a duration of more than five years after the
date the Secretary approves such a plan for compliance.

SEC. 4. REPORT, CERTIFICATION, AND CHALLENGE.

(a) Annual Report.--Not later than January 1 of each year, a State
shall submit to the Secretary a report describing--
(1) the manner in which the State has complied with section
3(a) or whether such State has received a waiver under section
3(c); and
(2) such additional information as the Secretary may
require.
(b) Annual Certification.--The report required by subsection (a)
shall include a certification that the State has complied with the
provisions of section 3(a) or has been granted a waiver under section
3(c). Such certification shall be prima facie evidence that the State
has complied with section 3 unless such certification is challenged
under subsection (c).
(c) Certification Challenge.--Not later than 90 days after the date
on which a State certification is due under subsection (b), a local
educational agency in a State may file a complaint with the Secretary
challenging such certification.

SEC. 5. CONSEQUENCES OF NONCOMPLIANCE.

(a) Ineligibility for Federal Education Funds.--If the Secretary
determines, after notice and opportunity for a hearing, that a State
fails to comply with section 3(a) and has not obtained a waiver under
section 3(c), such State shall be ineligible to receive Federal funds
administered by the Secretary to support elementary and secondary
education, beginning on the first day of the first fiscal year after
such finding.
(b) Restoration of Eligibility.--Eligibility for funds identified
under subsections (a) shall be restored at the beginning of the next
fiscal year after the Secretary determines that the State has complied
with section 3(a) or grants a waiver under section 3(c), whichever
occurs first.
(c) Redistribution of Funds.--Funds for elementary and secondary
education made ineligible for a State under subsection (a) shall be
reallocated by the Secretary among States that--
(1) are in compliance with the requirements of section
3(a); or
(2) are implementing compliance plans pursuant to section
3(c).

SEC. 6. RULEMAKING.

The Secretary may make rules to carry out this Act.

SEC. 7. DEFINITIONS.

In this Act:
(1) The term ''local educational agency'' has the meaning
given such term in section 14101(18) of the Elementary and
Secondary Education Act of 1965 (20 U.S.C. 8801(18)).
(2) The term ''Secretary'' means the Secretary of
Education.
A:
Equal Protection School Finance Act - Provides for a system to help equalize funding for education within States.Makes a State ineligible for Federal funds administered by the Department of Education to support elementary and secondary education unless the coefficient of variation of per pupil expenditures in local educational agencies statewide for elementary and secondary education is greater than ten percent. Authorizes the Secretary of Education to provide such funding to a noncompliant State if that State submits a plan which the Secretary determines will bring the State into compliance within five years.Sets forth procedures for compliance reporting, certification, and challenges. Directs the Secretary to reallocate to compliant States, and States developing or implementing compliance plans, any funds that are not distributed to noncompliant States.