To amend the impact aid program under the Elementary and Secondary Education Act of 1965 relating to the calculation of payments for small local educational agencies.

[AI summary unavailable — showing source text] Amends the Elementary and Secondary Education Act of 1965 to revise impact aid program requirements for calculating certain payments for small local educational agencies (LEAs). Requires a specified minimum payment to be made, in fiscal years for which insufficient funds are appropriated, to any eligible LEA with total student enrollment of fewer than 1,000 students that has a per-pupil expenditure less than the average of its State (as in current law) or less than the average of all the States.…