Classroom Modernization Act of 2000

[AI summary unavailable — showing source text] Classroom Modernization Act of 2000 - Amends the Elementary and Secondary Education Act of 1965 (ESEA) to revise and rename title XII as Classroom Modernization. (Currently it is named School Facilities Infrastructure Improvement, or the Education Infrastructure Act of 1994.) Directs the Secretary of Education to make formula grants to States to assist local educational agencies (LEAs) with the expenses of complying with Federal education statutory requirements and priorities relating to infrastructure, technology, and equipment needs for public elementary and secondary schools, including charter schools and schools on or near Indian lands. Bases State allotments on: (1) relative numbers of children age five through 17 from families with incomes below poverty; and (2) relative proportions of ESEA title I allotments. Requires reservation of specified funds for grants to account for children residing on Indian lands. Requires States to distribute such funds to LEAs or consortia of LEAs, through forms consistent with State law for school infrastructure financing, including grants, loans, and aid to issue bonds or other obligations. Considers as such distributed amounts: (1) aid to ref…