Page:United States Statutes at Large Volume 111 Part 1.djvu/76

 Ill STAT. 52 PUBLIC LAW 105-17—JUNE 4, 1997 under subsection (j) exceeds the amount appropriated under this section for the base year; "(II) the sum of— "(aa) the amount it received for the preceding fiscal year; and "(bb) that amount multipHed by the percentage by which the increase in the funds appropriated from the preceding fiscal year exceeds 1.5 percent; or "(III) the sum of— "(aa) the amount it received for the preceding fiscal year; and "(bb) that amount multiplied by 90 percent of the percentage increase in the amount appropriated from the preceding fiscal year, "(iii) Notwithstanding clause (ii), no State's allocation under this paragraph shall exceed the sum of— "(I) the amount it received for the preceding fiscal year; and "(II) that amount multiplied by the sum of 1.5 percent and the percentage increase in the amount appropriated. "(C) If the amount available for allocations under this paragraph is insufficient to pay those allocations in full, those allocations shall be ratably reduced, subject to subparagraph (B)(i). "(4) DECREASE IN FUNDS.—I f the amount available for allocations to States under paragraph (1) is less than the amount allocated to the States under this section for the preceding fiscal year, those allocations shall be calculated as follows: "(A) If the amount available for allocations "is greater than the amount allocated to the States for the base year, each State shall be allocated the sum of— "(i) the amount it received for the base year; and "(ii) an amount that bears the same relation to any remaining funds as the increase the State received for the preceding fiscal year over the base year bears to the total of all such increases for all States. "(B)(i) If the amount available for allocations is equal to or less than the amount allocated to the States for the base year, each State shall be allocated the amount it received for the base year. "(ii) If the amount available is insufficient to make the allocations described in clause (i), those allocations shall be ratably reduced. "(f) STATE-LEVEL ACTIVITIES.— "(1) GENERAL. — "(A) Each State may retain not more than the amount described in subparagraph (B) for administration and other State-level activities in accordance with paragraphs (2) and (3). "(B) For each fiscal year, the Secretary shall determine and report to the State educational agency an amount that is 25 percent of the amount the State received under this section for fiscal year 1997, cumulatively adjusted by the Secretary for each succeeding fiscal year by the lesser of—

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