Page:United States Statutes at Large Volume 114 Part 3.djvu/414

 114 STAT. 1654A-372 PUBLIC LAW 106-398 —APPENDIX (f) PRIOR YEAR DATA.— Section 8002 of the Elementary and Secondary Education Act of 1965 (20 U.S.C. 7702) is amended by adding at the end the following: "(1) PRIOR YEAR DATA. —Notwithstanding any other provision of this section, in determining the eligibility of a local educational agency for a payment under subsection (b) or (h)(4)(B) of this section for a fiscal year, and in calculating the amount of such payment, the Secretary— "(1) shall use data from the prior fiscal year with respect to the Federal property involved, including data with respect to the assessed value of the property and the real property tax rate for current expenditures levied against or imputed to the property; and "(2) shall use data from the second prior fiscal year with respect to determining the amount of revenue referred to in subsection (b)(l)(A)(i).". (g) ELIGIBILITY.— Section 8002 of the Elementary and Secondary Education Act of 1965 (20 U.S.C. 7702), as amended by this section, is further amended by adding at the end the following: "(m) ELIGIBILITY. — "(1) OLD FEDERAL PROPERTY.— Except as provided in paragraph (2), a local educational agency that is eligible to receive a payment under this section for Federal property acquired by the Federal Government, before the date of the enactment of the Impact Aid Reauthorization Act of 2000, shall be eligible to receive the payment only if the local educational agency submits an application for a payment under this section not later than 5 years after the date of the enactment of such Act. "(2) COMBINED FEDERAL PROPERTY.—^A local educational agency that is eligible to receive a payment under this section for Federal property acquired by the Federal Government before the date of the enactment of the Impact Aid Reauthorization Act of 2000 shall be eligible to receive the payment if— "(A) the Federal property, when combined with other Federal property in the school district served by the local educational agency acquired by the Federal Government after the date of the enactment of such Act, meets the requirements of subsection (a); and "(B) the local educational agency submits an application for a payment under this section not later than 5 years after the date of acquisition of the Federal property acquired after the date of the enactment of such Act. "(3) NEW FEDERAL PROPERTY.—^A local educational agency that is eligible to receive a payment under this section for Federal property acquired by the Federal Government after the date of the enactment of the Impact Aid Reauthorization Act of 2000 shall be eligible to receive the payment only if the local educational agency submits an application for a pay- ment under this section not later than 5 years after the date of acquisition.". SEC. 1804. PAYMENTS FOR ELIGIBLE FEDERALLY CONNECTED CHIL- DREN. (a) GENERAL AMENDMENTS.— Section 8003 of the Elementary and Secondary Education Act of 1965 (20 U.S.C. 7703) is amended— (1) in subsection (a)(2)—

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