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Code · BILL · 113th Congress · H.R. 505 (Introduced in House) — To repeal sequester while achieving balance in deficit reduction between revenue and cuts, and between non-defense cu... · Sec. 734

Sec. 734. State use of funds

235 words·~1 min read·/bill/113/hr/505/ih/section-734

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Each State that receives a grant under this part may reserve not more than one percent of the State’s allocation under section 733(b) for the purpose of administering the grant, except that no State may reserve more than $750,000 for this purpose. From the grant funds that are not reserved under subsection (a), a State shall allocate at least 50 percent to local educational agencies, including charter schools that are local educational agencies, that did not receive funds under section 733(b)(1) from the Secretary, in accordance with their respective allocations under part A of title I of the ESEA for fiscal year 2013, except that no such local educational agency shall receive less than $10,000.
The State shall use any funds remaining, after reserving funds under subsection
(a)and allocating funds under paragraph (1), for subgrants to local educational agencies that did not receive funds under section 733(b)(1) , including charter schools that are local educational agencies, to support modernization, renovation, and repair projects that the State determines, using objective criteria, are most needed in the State, with priority given to projects in rural local educational agencies. If a local educational agency does not apply for an allocation under subsection (b)(1), applies for less than its full allocation, or fails to use that allocation in a timely manner, the State may reallocate any unused portion to other local educational agencies in accordance with subsection (b).
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