A bill to amend section 7014 of the Elementary and Secondary Education Act of 1965 to advance toward full Federal funding for impact aid, and for other purposes.

# Summary of S. 2921 **What the Bill Would Do** This bill seeks to increase federal funding for "impact aid," a federal program that provides money to school districts that lose tax revenue because they have large amounts of federal property (like military bases, Native American reservations, or national parks) within their boundaries. These districts can't tax federal land, so the impact aid program compensates them for that lost revenue. The bill aims to move toward the federal government fully funding impact aid rather than providing only partial funding as it currently does. **Who It Affects** School districts affected by federal land would benefit most from this bill.

This includes districts near military installations, on or near tribal lands, and in areas with significant federal property. Students in these districts could potentially see improved school funding. The bill also indirectly affects taxpayers nationwide, as increased federal funding would come from the federal budget. **Current Status** The bill is currently in committee, meaning it has been introduced but has not yet been debated or voted on by the full Senate. No specific provisions beyond the general goal of increased impact aid funding have been detailed in the available information.