This bill increases and schedules federal Impact Aid funding for schools over six years. It changes a section of the Elementary and Secondary Education Act to authorize rising amounts each year for four parts of Impact Aid: payments related to federal property, basic payments to school districts (including those most heavily impacted), extra support for children with disabilities, and school construction.

Key points

• Who is affected: School districts that receive Impact Aid and their students, including students with disabilities; school construction projects supported by Impact Aid.
• What changes: Authorizes higher funding levels that grow each year:
  • Federal property payments: $85M in FY2026 up to $250M in FY2031.
  • Basic payments (including heavily impacted districts): $1.487B in FY2026 up to $2.348B in FY2031.
  • Children with disabilities: $50M in FY2026 up to $120M in FY2031.
  • Construction: $20M in FY2026 up to $45M in FY2031.
• When: Fiscal years 2026 through 2031.

In short, the bill aims to move Impact Aid closer to full funding by steadily increasing authorized amounts for these programs over six years.