To amend section 7014 of the Elementary and Secondary Education Act of 1965 to advance toward full Federal funding for impact aid, and for other purposes.

“(a) Payments for Federal acquisition of real property—For the purpose of making payments under section 7002, there are authorized to be appropriated—

“(1) $87,313,000 for fiscal year 2022;

“(2) $98,313,000 for fiscal year 2023;

“(3) $109,313,000 for fiscal year 2024;

“(4) $120,313,000 for fiscal year 2025; and

“(5) $131,313,000 for fiscal year 2026.

“(b) Basic payments; payments for heavily impacted local educational agencies—For the purpose of making payments under section 7003(b), there are authorized to be appropriated—

“(1) $1,544,242,000 for fiscal year 2022;

“(2) $1,734,242,000 for fiscal year 2023;

“(3) $1,924,242,000 for fiscal year 2024;

“(4) $2,114,242,000 for fiscal year 2025; and

“(5) $2,304,242,000 for fiscal year 2026.

“(c) Payments for children with disabilities—For the purpose of making payments under section 7003(d), there are authorized to be appropriated—

“(1) $57,316,000 for fiscal year 2022;

“(2) $66,316,000 for fiscal year 2023;

“(3) $75,316,000 for fiscal year 2024;

“(4) $84,316,000 for fiscal year 2025; and

“(5) $93,316,000 for fiscal year 2026.”