Sec. 4. Payments relating to Federal acquisition of real property
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Section 8002 ( 20 U.S.C. 7702 ) is amended— in subsection (b)— in paragraph (2), by inserting as calculated under paragraph
(3)before the period at the end; and by striking subparagraph
(B)of paragraph
(3)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 shares 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. ; 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 in effect on the day before the date of enactment of the Local Taxpayer Relief Act ; by striking subsection
(g)and inserting the following: For fiscal year 2006 and all succeeding fiscal years, if a local educational agency described in paragraph
(2)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 and any amount for which the local educational agency is eligible under this section 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 paragraph
(1)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 20, 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 had notified the Secretary of the designation not later than 30 days after the date of enactment of the Local Taxpayer Relief Act . A local educational agency eligible under this subsection shall receive a foundation payment as provided for under subparagraphs
(A)and
(B)of subsection (h)(1), as in effect on the date of enactment of the Consolidated Appropriations Act, 2014, except that the foundation payment shall be calculated based on the most recent payment received by the local educational agency based on its former common status. Notwithstanding any other provision of law limiting the period during which the Secretary may obligate funds appropriated for any fiscal year after 2005, the Secretary may obligate funds remaining after final payments have been made from any of such fiscal years to carry out this subsection. ; in subsection (h)— in paragraph (1)(B)(i), by striking subsection (b)(1)(C) and inserting subparagraph (A)(i)(III) or
(C)of subsection (b)(1) ; by redesignating paragraphs
(2)through
(4)as paragraphs
(3)through (5), respectively; by inserting after paragraph
(1)the following: From any amount remaining after making payments under paragraph
(1)and subsection (i)(1) for the fiscal year involved, the Secretary shall make a payment in an amount of 90 percent of the amount as determined in accordance with subparagraph (C)(i) of paragraph
(3)to a local educational agency that is eligible for a payment for such year and— is, or was, eligible to receive a payment under this section for fiscal year 2016; and was eligible and received a payment prior to fiscal year 2006 but did not apply in each of the succeeding fiscal years; or met the eligibility requirements as provided in subsection
(a)prior to fiscal year 2006 but was denied a payment under subsection (b)(1)(A)(i)(III) or subsection (b)(1)(C). For any succeeding fiscal year after the first fiscal year that a local educational agency receives a foundation payment under subparagraph (A), the amount of the local educational agency’s foundation payment under this paragraph shall be equal to the local educational agency’s foundation payment under this paragraph for the first fiscal year. ; in paragraph (3)(A), as redesignated by subparagraph (B), by striking paragraph
(1)and inserting paragraphs
(1)and
(2); in paragraph (4), as redesignated by subparagraph (B)— by striking under paragraphs
(1)and
(2)and inserting under paragraphs (1), (2), and
(3)and strike under paragraph
(1)or
(2)or subsection (i)(1); and by striking under paragraph
(1)or
(2)and inserting under paragraph (1), (2), or
(3); and by striking paragraph (5), as redesignated by subparagraph (B), and inserting the following: For each local educational agency that received a payment under this section for fiscal year 2010 through the fiscal year in which the Local Taxpayer Relief Act was enacted, the Secretary shall not make a payment under paragraph
(4)to a local educational agency that fails to submit, within 60 days of the date the Secretary notified the agency that the information is needed, the data necessary to calculate the maximum amount of a payment under subsection
(b)for that local educational agency. ; in subsection (i)(1), by striking subsection (h)(3) and inserting (h)(4) ; and in subsection (l), by striking (h)(4)(B) and inserting (h)(2) . The amendments made by this section shall apply to applications submitted for fiscal year 2010 and all succeeding fiscal years.
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Sec. 4
Payments relating to Federal acquisition of real property
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