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) $90,313,000 for fiscal year 2024;

“(2) $102,313,000 for fiscal year 2025;

“(3) $114,313,000 for fiscal year 2026;

“(4) $126,313,000 for fiscal year 2027;

“(5) $138,313,000 for fiscal year 2028; and

“(6) $150,313,000 for fiscal year 2029.

“(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) $1,632,476,041 for fiscal year 2024;

“(2) $1,796,710,082 for fiscal year 2025;

“(3) $1,960,944,123 for fiscal year 2026;

“(4) $2,125,178,164 for fiscal year 2027;

“(5) $2,289,412,205 for fiscal year 2028; and

“(6) $2,453,646,246 for fiscal year 2029.

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

“(1) $60,316,000 for fiscal year 2024;

“(2) $72,316,000 for fiscal year 2025;

“(3) $84,316,000 for fiscal year 2026;

“(4) $96,316,000 for fiscal year 2027;

“(5) $108,316,000 for fiscal year 2028; and

“(6) $120,316,000 for fiscal year 2029.

“(d) Construction—For the purpose of carrying out section 7007, there are authorized to be appropriated—

“(1) $22,906,000 for fiscal year 2024;

“(2) $27,406,000 for fiscal year 2025;

“(3) $31,906,000 for fiscal year 2026;

“(4) $36,406,000 for fiscal year 2027;

“(5) $40,906,000 for fiscal year 2028; and

“(6) $45,406,000 for fiscal year 2029.”