Sec. 8003. Payments relating to federal acquisition of real property
399 words·~2 min read·
/bill/114/s/1177/es/section-8003·A 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 (b)(3), by striking subparagraph
(B)and inserting the following: In the case of Federal property eligible under this section that is within the boundaries of 2 or more local educational agencies that are eligible under this section, any of such agencies may ask the Secretary to calculate (and the Secretary shall calculate) the taxable value of the eligible Federal property that is within its boundaries by— first calculating the per-acre value of the eligible Federal property separately for each eligible local educational agency that shared the Federal property, as provided in subparagraph (A)(ii); then averaging the resulting per-acre values of the eligible Federal property from each eligible local educational agency that shares the Federal property; and then applying the average per-acre value to determine the total taxable value of the eligible Federal property under subparagraph (A)(iii) for the requesting local educational agency. ; in subsection (e)(2), by adding at the end the following: For each fiscal year beginning with fiscal year 2015, the Secretary shall treat local educational agencies chartered in 1871 having more than 70 percent of the county in Federal ownership as meeting the eligibility requirements of subparagraphs
(A)and
(C)of subsection (a)(1). For each fiscal year beginning with fiscal year 2015, the Secretary shall treat local educational agencies that serve a county chartered or formed in 1734 having more than 24 percent of the county in Federal ownership as meeting the eligibility requirements of subparagraphs
(A)and
(C)of subsection (a)(1). ; by striking subsection
(f)and inserting the following: Beginning with fiscal year 2015, a local educational agency shall be deemed to meet the requirements of subsection (a)(1)(C) if the agency was eligible under paragraph
(1)or
(3)of this subsection, as such subsection was in effect on the day before the date of enactment of the Every Child Achieves Act of 2015. ; in subsection (h)(4), by striking For each local educational agency that received a payment under this section for fiscal year 2010 through the fiscal year in which the Impact Aid Improvement Act of 2012 is enacted and inserting For each local educational agency that received a payment under this section for fiscal year 2010 or any succeeding fiscal year ; by striking subsection (k); and by redesignating subsections (l), (m), and (n), as subsections (j), (k), and (l), respectively.
Connectionstraces to 1
Traces to 1 document
Citation graph
cites case law
Sec. 8003
Payments relating to federal acquisition of real property
Cites 1Cited by 0 across 0 sources