Keeping Our Promises to America's Children Act of 2005 - Provides a moratorium on compliance with certain requirements for adequate yearly progress under the Elementary and Secondary Education Act of 1965 as amended by the No Child Left Behind Act of 2001 (ESEA), for any fiscal year in which amounts appropriated are less than those authorized for the applicable program, project, or activity under ESEA title I (Improving the Academic Achievement of the Disadvantaged) part A (Improving Basic Programs Operated by Local Educational Agencies) (I-A).
Authorizes state or local educational agencies receiving I-A funds to observe such moratorium. Directs the Secretary of Education to ensure that otherwise applicable negative consequences shall not apply to such recipients because of such action.