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.

This bill amends the Elementary and Secondary Education Act to establish specific annual funding amounts for impact aid programs through 2031. It authorizes $90.3 million for real property acquisition in 2026 (increasing to $150.3 million by 2031), $1.63 billion for basic payments to local schools in 2026 (rising to $2.45 billion by 2031), $60.3 million for children with disabilities in 2026 (growing to $120.3 million by 2031), and $22.9 million for school construction in 2026 (reaching $45.4 million by 2031). These funds directly support school districts affected by federal land ownership or military installations, as defined under impact aid provisions. The bill sets clear, incremental funding targets without changing eligibility rules or program structure.