Sec. 6. Adjusted share

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Chapter 69 of title 31, United States Code, is amended— by redesignating sections 6906 and 6907 as sections 6907 and 6908, respectively; and by inserting after section 6905 the following: The final payment provided under this chapter for a fiscal year for each unit of general local government shall be adjusted by an amount equal to the quotient obtained by dividing— the sum of the amount of payments to the applicable unit of general local government under sections 6903 through 6905; by the economic performance index described in subsection (d).

The economic performance index referred to in subsection (a)(2) shall be based on an economic performance score comprised of 5 equally weighted measures of economic performance and opportunity, calculated for each fiscal year, as follows: The median household income for the unit of general local government, according to the most recent 5-year estimate of the American Community Survey of the Bureau of the Census. The average earnings per job for the unit of general local government, according to the most recent estimates of the applicable Regional Economic Profiles (as reflected in Table CA 30) published by the Bureau of Economic Analysis of the Department of Commerce.

The percentage of households served by the unit of general local government that are above the poverty level, as determined by the most recent 5-year estimates of the American Community Survey of the Bureau of the Census. The percentage of the population served by the unit of general local government that, as determined by the most recent 5-year estimates of the American Community Survey of the Bureau of the Census— is aged 25 years or older; and has received— a bachelor’s degree from an institution of higher education; or a master’s, professional, or doctorate degree.

Subject to subparagraph (B), a classification of each unit of general local government into core based statistical areas and combined statistical areas, as determined in accordance with the most recent metropolitan and micropolitan statistical areas and delineations of the Office of Management and Budget and resulting from the application of published standards to the Bureau of the Census data, into 1 of the following 4 areas: A central metropolitan statistical area. An outlying metropolitan statistical area.

A central micropolitan statistical area. An outlying micropolitan statistical area. Any unit of general local government that is not delineated into 1 of the 4 areas described in subparagraph

(A)shall be considered to be a rural area. In preparing the economic performance score under subsection (b), the Secretary of the Interior shall— gather data for the most recent calendar year available regarding each variable described in paragraphs

(1)through

(5)of subsection

(b)that comprise the score for each unit of general local government; or if specific data for a unit of general local government are not available, use the applicable county average; recalculate each variable on a 0-to-1 scale by dividing the value of the variable for each unit of general local government by the highest value for that variable among all units of general local government, including by classifying a unit of general local government under subsection (b)(5) such that— a central metropolitan statistical area is equal to 0.75; an outlying metropolitan statistical area is equal to 0.6; a central micropolitan statistical area is equal to 0.5; an outlying micropolitan statistical area is equal to 0.4; and a rural area is equal to 0.25; calculate for each unit of general local government an economic performance score that is equal to the sum of the value of the variables recalculated under paragraph (2); and create a percentile rank for each unit of general local government, which shall be equal to the quotient obtained by dividing— the product obtained by multiplying— 100; and the difference between— the numeric rank of the economic performance score calculated under paragraph (3), relative to the economic performance scores of all other units of general local government; and 0.5; by the total number of units of general local government. For purposes of subsection (a), the Secretary of the Interior shall adjust the amount of payments provided under this chapter based on an economic performance index equal to the sum of— the product obtained by multiplying— the difference between— the percentile rank calculated under subsection (c); and 0.5; and 0.4; and 1. .