Sec. 18001. education stabilization fund

204 words·~1 min read·/statute-compilations/comps-15754/sec-18001

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

## SEC. 18001 education stabilization fund ###

(a)Allocations From the amount made available under this heading in this Act to carry out the Education Stabilization Fund, the Secretary shall first allocate— ####

(1)not more than 1/2 of 1 percent to the outlying areas on the basis of their respective needs, as determined by the Secretary, in consultation with the Secretary of the Interior; ####

(2)one-half of 1 percent for the Secretary of Interior, in consultation with the Secretary of Education, for programs operated or funded by the Bureau of Indian Education; and ####

(3)1 percent for grants to States with the highest coronavirus burden to support activities under this heading in this Act, for which the Secretary shall issue a notice inviting applications not later than 30 days of enactment of this Act and approve or deny applications not later than 30 days after receipt. ###

(b)Reservations After carrying out subsection (a), the Secretary shall reserve the remaining funds made available as follows: ####

(1)9.8 percent to carry out section 18002 of this title. ####

(2)43.9 percent to carry out section 18003 of this title. ####

(3)46.3 percent to carry out section 18004 of this title.