Page:United States Statutes at Large Volume 124.djvu/3220

 124 STAT. 3194 PUBLIC LAW 111–296—DEC. 13, 2010 ‘‘(II) ELECTION TO STOP RECEIVING PAY- MENTS.—A local educational agency may, for all schools in the district or on behalf of certain schools in the district, elect to stop receiving spe- cial assistance payments under this subparagraph for the following school year by notifying the State agency not later than June 30 of the current school year of the intention to stop receiving special assistance payments under this subparagraph. ‘‘(iii) FIRST YEAR OF OPTION.— ‘‘(I) SPECIAL ASSISTANCE PAYMENT.—For each month of the first school year of the 4-year period during which a school or local educational agency elects to receive payments under this subpara- graph, special assistance payments at the rate for free meals shall be made under this subparagraph for a percentage of all reimbursable meals served in an amount equal to the product obtained by multiplying— ‘‘(aa) the multiplier described in clause (vii); by ‘‘(bb) the percentage of identified students at the school or local educational agency as of April 1 of the prior school year, up to a maximum of 100 percent. ‘‘(II) PAYMENT FOR OTHER MEALS.—The percentage of meals served that is not described in subclause (I) shall be reimbursed at the rate provided under section 4. ‘‘(iv) SECOND, THIRD, OR FOURTH YEAR OF OPTION.— ‘‘(I) SPECIAL ASSISTANCE PAYMENT.—For each month of the second, third, or fourth school year of the 4-year period during which a school or local educational agency elects to receive payments under this subparagraph, special assistance pay- ments at the rate for free meals shall be made under this subparagraph for a percentage of all reimbursable meals served in an amount equal to the product obtained by multiplying— ‘‘(aa) the multiplier described in clause (vii); by ‘‘(bb) the higher of the percentage of identified students at the school or local edu- cational agency as of April 1 of the prior school year or the percentage of identified students at the school or local educational agency as of April 1 of the school year prior to the first year that the school or local educational agency elected to receive special assistance payments under this subparagraph, up to a maximum of 100 percent. ‘‘(II) PAYMENT FOR OTHER MEALS.—The percentage of meals served that is not described in subclause (I) shall be reimbursed at the rate provided under section 4. ‘‘(v) GRACE YEAR.— Notification. Deadline.