Section 1 Short title
This Act may be cited as the “Advancing Toward Impact Aid Full Funding Act of 2022”.
Advancing Toward Impact Aid Full Funding Act of 2022
A BILL
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.
Sec. 2 Amendment to ESEA
Section 7014 of the Elementary and Secondary Education Act of 1965 (20 U.S.C. 7714) is amended by striking subsections (a) through (d) and inserting the following:
“(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 2023;
“(2) $98,313,000 for fiscal year 2024;
“(3) $109,313,000 for fiscal year 2025;
“(4) $120,313,000 for fiscal year 2026; and
“(5) $131,313,000 for fiscal year 2027.
“(b) Basic support 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 2023;
“(2) $1,734,242,000 for fiscal year 2024;
“(3) $1,924,242,000 for fiscal year 2025;
“(4) $2,114,242,000 for fiscal year 2026; and
“(5) $2,304,242,000 for fiscal year 2027.
“(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 2023;
“(2) $66,316,000 for fiscal year 2024;
“(3) $75,316,000 for fiscal year 2025;
“(4) $84,316,000 for fiscal year 2026; and
“(5) $93,316,000 for fiscal year 2027.
“(d) Construction payments—For the purpose of making payments under section 7007, there are authorized to be appropriated—
“(1) $20,656,000 for fiscal year 2023;
“(2) $23,906,000 for fiscal year 2024;
“(3) $27,156,000 for fiscal year 2025;
“(4) $30,406,000 for fiscal year 2026; and
“(5) $33,656,000 for fiscal year 2027.”