Sec. 402. Payments relating to Federal acquisition of real property
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/bill/114/s/1177/eah/section-402A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 8002 ( 20 U.S.C. 7702 ) is amended— in subsection (a)(1)(C), by amending the matter preceding clause
(i)to read as follows: had an assessed value according to original records (including facsimiles or other reproductions of those records) documenting the assessed value of such property (determined as of the time or times when so acquired) prepared by the local officials referred to in subsection (b)(3) or, when such original records are not available due to unintentional destruction (such as natural disaster, fire, flooding, pest infestation, or deterioration due to age), other records, including Federal agency records, local historical records, or other records that the Secretary determines to be appropriate and reliable, aggregating 10 percent or more of the assessed value of— ; in subsection (b)(1)(B), by striking section 8014(a) and inserting section 3(d)(1) ; by amending subsection
(f)to read as follows: Beginning with fiscal year 2014, a local educational agency shall be deemed to meet the requirements of subsection (a)(1)(C) if records to determine eligibility under such subsection were destroyed prior to fiscal year 2000 and the agency received funds under subsection
(b)in the previous year. ; by amending subsection
(g)to read as follows: For fiscal year 2006 and each succeeding fiscal year, if a local educational agency described in subsection
(b)is formed at any time after 1938 by the consolidation of 2 or more former school districts, the local educational agency may elect to have the Secretary determine its eligibility for any fiscal year on the basis of 1 or more of those former districts, as designated by the local educational agency. A local educational agency referred to in subsection
(a)is— any local educational agency that, for fiscal year 1994 or any preceding fiscal year, applied, and was determined to be eligible under, section 2(c) of the Act of September 30, 1950 (Public Law 874, 81st Congress) as that section was in effect for that fiscal year; or a local educational agency formed by the consolidation of 2 or more districts, at least 1 of which was eligible for assistance under this section for the fiscal year preceding the year of the consolidation, if— for fiscal years 2006 through 2015 the local educational agency notified the Secretary not later than 30 days after the date of the enactment of this Act; and for fiscal year 2016 the local educational agency includes the designation in its application under section 8005 or any timely amendment to such application. A local educational agency eligible under subsection
(b)shall receive a foundation payment as provided for under subparagraphs
(A)and
(B)of subsection (h)(1), except that the foundation payment shall be calculated based on the most recent payment received by the local educational based on its former common status. ; in subsection (h)— in paragraph (2)— in subparagraph (C)(ii), by striking section 8014(a) and inserting section 3(d)(1) ; and in subparagraph (D), by striking section 8014(a) and inserting section 3(d)(1) ; and in paragraph (4), by striking Impact Aid Improvement Act of 2012 and inserting Student Success Act ; by repealing subsections
(k)and (m); by redesignating subsection
(l)as subsection (j); by amending subsection
(j)(as so redesignated) by striking (h)(4)(B) and inserting (h)(2) ; and by redesignating subsection
(n)as subsection (k).
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Sec. 402
Payments relating to Federal acquisition of real property
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