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. IMPACT AID.

(a) Hold-Harmless Amounts for Payments Relating to Federal
Acquisition of Real Property.--Section 8002 of the Elementary and
Secondary Education Act of 1965 (20 U.S.C. 7702) is amended by adding
at the end the following new subsections:
''(g) Former Districts.--
''(1) In general.--Where the school district of any local
educational agency described in paragraph (2) is formed at any
time after 1938 by the consolidation of two or more former
school districts, such agency may elect (at any time such
agency files an application under section 8005) for any fiscal
year to have (A) the eligibility of such local educational
agency, and (B) the amount which such agency shall be eligible
to receive, determined under this section only with respect to
such of the former school districts comprising such
consolidated school districts as such agency shall designate in
such election.
''(2) Eligible local educational agencies.--A local
educational agency referred to in paragraph (1) is any local
educational agency that, for fiscal year 1994 or any preceding
fiscal year, applied for and was determined eligible under
section 2(c) of the Act of September 30, 1950 (Public Law 874,
81st Congress) as such section was in effect on September 30,
1994.
''(h) Hold-Harmless Amounts.--
''(1) In general.--Except as provided in paragraph (2)(A),
the total amount that the Secretary shall pay a local
educational agency under subsection (b)--
''(A) for fiscal year 1995 shall not be less than
85 percent of the amount such agency received for
fiscal year 1994 under section 2 of the Act of
September 30, 1950 (Public Law 874, 81st Congress) as
such section was in effect on September 30, 1994; or
''(B) for fiscal year 1996 shall not be less than
85 percent of the amount such agency received for
fiscal year 1995 under subsection (b).
''(2) Ratable reductions.--(A)(i) If necessary in order to
make payments to local educational agencies in accordance with
paragraph (1) for any fiscal year, the Secretary first shall
ratably reduce payments under subsection (b) for such year to
local educational agencies that do not receive a payment under
this subsection for such year.
''(ii) If additional funds become available for making
payments under subsection (b) for such year, then payments that
were reduced under clause (i) shall be increased on the same
basis as such payments were reduced.
''(B)(i) If the sums made available under this title for
any fiscal year are insufficient to pay the full amounts that
all local educational agencies in all States are eligible to
receive under paragraph (1) after the application of
subparagraph (A) for such year, then the Secretary shall
ratably reduce payments under paragraph (1) to all such
agencies for such year.
''(ii) If additional funds become available for making
payments under paragraph (1) for such fiscal year, then
payments that were reduced under clause (i) shall be increased
on the same basis as such payments were reduced.''.
(b) Computation of Payment.--Paragraph (3) of section 8003(a) of
such Act (20 U.S.C. 7703(a)) is amended by striking ''and such'' and
inserting '', or such''.
(c) Payments for Eligible Federally Connected Children.--Subsection
(f) of section 8003 of such Act (20 U.S.C. 7703) is amended--
(1) in paragraph (2)--
(A) in the matter preceding clause (i) of
subparagraph (A), by striking ''only if such agency''
and inserting ''if such agency is eligible for a
supplementary payment in accordance with subparagraph
(B) or such agency''; and
(B) by adding at the end the following new
subparagraph:
''(C) A local educational agency shall only be
eligible to receive additional assistance under
this subsection if the Secretary determines that--
''(i) such agency is exercising due
diligence in availing itself of State and other
financial assistance; and
''(ii) the eligibility of such agency under
State law for State aid with respect to the
free public education of children described in
subsection (a)(1) and the amount of such aid
are determined on a basis no less favorable to
such agency than the basis used in determining
the eligibility of local educational agencies
for State aid, and the amount of such aid, with
respect to the free public education of other
children in the State.''; and
(2) in paragraph (3)--
(A) in subparagraph (A)--
(i) in the matter preceding clause (i), by
inserting ''(other than any amount received
under paragraph (2)(B))'' after ''subsection'';
(ii) in subclause (I) of clause (i), by
striking ''or the average per-pupil expenditure
of all the States'';
(iii) by amending clause (ii) to read as
follows:
''(ii) The Secretary shall next multiply
the amount determined under clause (i) by the
total number of students in average daily
attendance at the schools of the local
educational agency.''; and
(iv) by amending clause (iii) to read as
follows:
''(iii) The Secretary shall next subtract
from the amount determined under clause (ii)
all funds available to the local educational
agency for current expenditures, but shall not
so subtract funds provided--
''(I) under this Act; or
''(II) by any department or agency
of the Federal Government (other than
the Department) that are used for
capital expenses.''; and
(B) by amending subparagraph (B) to read as
follows:
''(B) Special rule.--With respect to payments under
this subsection for a fiscal year for a local
educational agency described in clause (ii) or (iii) of
paragraph (2)(A), the maximum amount of payments under
this subsection shall be equal to--
''(i) the product of--
''(I) the average per-pupil
expenditure in all States multiplied by
0.7, except that such amount may not
exceed 125 percent of the average per-
pupil expenditure in all local
educational agencies in the State;
multiplied by
''(II) the number of students
described in subparagraph (A) or (B) of
subsection (a)(1) for such agency;
minus
''(ii) the amount of payments such agency
receives under subsections (b) and (d) for such
year.''.
(d) Current Year Data.--Paragraph (4) of section 8003(f) of such
Act (20 U.S.C. 7703(f)) is amended to read as follows:
''(4) Current year data.--For purposes of providing
assistance under this subsection the Secretary--
''(A) shall use student and revenue data from the
fiscal year for which the local educational agency is
applying for assistance under this subsection; and
''(B) shall derive the per-pupil expenditure amount
for such year for the local educational agency's
comparable school districts by increasing or decreasing
the per pupil expenditure data for the second fiscal
year preceding the fiscal year for which the
determination is made by the same percentage increase
or decrease reflected between the per pupil expenditure
data for the fourth fiscal year preceding the fiscal
year for which the determination is made and the per
pupil expenditure data for such second year.''.
(e) Special Rule for 1994 Payments.--The Secretary shall not
consider any payment to a local educational agency by the Department of
Defense, that is available to such agency for current expenditures and
used for capital expenses, as funds available to such agency for
purposes of making a determination for fiscal year 1994 under section
3(d)(2)(B)(i) of the Act of September 30, 1950 (Public Law 874, 81st
Congress) (as such Act was in effect on September 30, 1994).
(f) Applications for Increased Payments.--
(1) In general.--Notwithstanding any other provision of
law, the Bonesteel-Fairfax School District Number 26-5, South
Dakota, and the Wagner Community School District Number 11-4,
South Dakota, shall be eligible to apply for payment for fiscal
year 1994 under section 3(d)(2)(B) of the Act of September 30,
1950 (Public Law 874, 81st Congress) (as such section was in
effect on September 30, 1994).
(2) Application.--In order to be eligible to receive a
payment described in subsection (a), a school district
described in such subsection shall apply for such payment
within 30 days after the date of enactment of this Act.
(3) Construction.--Nothing in this section shall be
construed to require a local educational agency that received a
payment under section 3(d)(2)(B) of the Act of September 30,
1950 (Public Law 874, 81st Congress) (as such section was in
effect on September 30, 1994) for fiscal year 1994 to return
such payment or a portion of such payment to the Federal
Government.
A:
Amends the Elementary and Secondary Education Act of 1965 regarding impact aid payments.
Provides hold-harmless payment amounts for impact-aid payments relating to Federal acquisition of real property. Provides that no eligible local educational agency shall receive less than 85 percent of the preceding year's amount in such a payment for any fiscal year. Provides for ratable reductions and increases in certain types of impact-aid payments in specified circumstances.
Revises provisions which authorize funding for heavily-impacted school districts, with respect to computation of payment, payments for eligible federally-connected children, and current year data. Directs the Secretary of Education, as a special rule for 1994 supplemental payments, not to consider any payment to a local educational agency by the Department of Defense that is available to such agency for current expenditures and used for capital expenses in determinations under specified Federal impact aid law.
Allows two specified school districts in South Dakota to claim eligibility as heavily-impacted districts for the current year, by allowing them to amend their applications for increased payments.