Head Start Improvement Act of 1992

[AI summary unavailable — showing source text] Head Start Improvement Act of 1992 - Amends the Head Start Act (the Act) to revise various provisions for the Head Start program (the program). Extends for one additional year the formula for distribution of certain quality improvement funds allocated by the Secretary of Health and Human Services (HHS), thus extending local determination of the use of such funds over that period. Requires early childhood intervention programs under the program to include parental literacy training among the services they provide for parents. Establishes guidelines which the Secretary must consider in determining whether a local Head Start agency may receive a waiver or reduction of required non-Federal matching funds. Includes consideration of community lack of resources, whether the community is adversely affected by a major disaster, impacts of program costs in initial years or unanticipated increases in operating costs, and impact on the community if the program were forced to close there. Directs the Secretary to issue transportation safety regulations for all Head Start programs. Directs the Secretary to review each newly designated Head Start agency immediately after completion of its first y…