Impact Aid Coronavirus Relief Act
This bill allows local educational agencies (LEAs) participating in the Impact Aid Program to use the student count and federal property valuation data from their FY2021 program applications for their FY2022 program applications. The program provides funding to LEAs that have lost property tax revenue due to the presence of tax-exempt federal property or to those that have experienced increased expenditures due to enrollment of federally connected children (e.g., children living on Indian lands or military bases).