Impact Aid Infrastructure Partnership Act

This bill establishes a federal grant program to help schools located near federal lands (like military bases and tribal reservations) with aging, unsafe facilities. It authorizes $250 million annually for four years to fund construction, renovation, and repairs of school buildings that don't meet basic safety standards. The program prioritizes schools with urgent health and safety hazards, offering full federal funding to those with no bond capacity and requiring local matching funds based on financial need for other schools. Schools must use funds to improve existing facilities, not purchase land, and must supplement but not supplant existing funding for school infrastructure.