Section 1. Short title

This Act may be cited as the Advancing Toward Impact Aid Full Funding Act.

Sec. 2. Amendment to ESEA

Section 7014 of the Elementary and Secondary Education Act of 1965 (20 U.S.C. 7714) is amended by striking subsections (a) through (d) and inserting the following:

(a) Payments for Federal acquisition of real property

For the purpose of making payments under section 7002, there are authorized to be appropriated—

(1)

$85,000,000 for fiscal year 2026;

(2)

$118,000,000 for fiscal year 2027;

(3)

$151,000,000 for fiscal year 2028;

(4)

$184,000,000 for fiscal year 2029;

(5)

$217,000,000 for fiscal year 2030; and

(6)

$250,000,000 for fiscal year 2031.

(b) Basic payments; payments for heavily impacted local educational agencies

For the purpose of making payments under section 7003(b), there are authorized to be appropriated—

(1)

$1,487,058,000 for fiscal year 2026;

(2)

$1,659,178,000 for fiscal year 2027;

(3)

$1,831,298,000 for fiscal year 2028;

(4)

$2,003,418,000 for fiscal year 2029;

(5)

$2,175,538,000 for fiscal year 2030; and

(6)

$2,347,658,000 for fiscal year 2031.

(c) Payments for children with disabilities

For the purpose of making payments under section 7003(d), there are authorized to be appropriated—

(1)

$50,000,000 for fiscal year 2026;

(2)

$64,000,000 for fiscal year 2027;

(3)

$78,000,000 for fiscal year 2028;

(4)

$92,000,000 for fiscal year 2029;

(5)

$106,000,000 for fiscal year 2030; and

(6)

$120,000,000 for fiscal year 2031.

(d) Construction

For the purpose of carrying out section 7007, there are authorized to be appropriated—

(1)

$20,000,000 for fiscal year 2026;

(2)

$25,000,000 for fiscal year 2027;

(3)

$30,000,000 for fiscal year 2028;

(4)

$35,000,000 for fiscal year 2029;

(5)

$40,000,000 for fiscal year 2030; and

(6)

$45,000,000 for fiscal year 2031.