Impact Aid Technical Amendments of 1996

[AI summary unavailable — showing source text] Impact Aid Technical Amendments of 1996 - Amends the Elementary and Secondary Education Act of 1965 with respect to impact aid programs. Adds a hold harmless provision relating to Federal acquisition of real property, whereby no eligible local educational agency (LEA) shall receive less than 85 percent of the preceding year's amount in payment for any fiscal year. Provides that children who would have resided in military installation housing on Federal property, if such property were not undergoing renovation on the date of eligibilty determination, be considered eligible federally connected children for purposes of impact aid payments to LEAs. Sets forth requirements for the method of computation of impact aid payments with respect to eligible federally connected children in States with only one LEA.…