State and Local Flexibility Improvement Act

[AI summary unavailable — showing source text] State and Local Flexibility Improvement Act - Amends the Elementary and Secondary Education Act of 1965 (ESEA) to give states and local educational agencies (LEAs) greater flexibility in transferring federal funds among specified ESEA programs (relating to teachers, technology, safe and drug-free schools, 21st Century Community Learning Centers, and innovative programs) and from such programs to their allotments under title I. Replaces the current State and Local Flexibility Demonstration under title VI of the ESEA with a program allowing states to enter five-year performance agreements with the Secretary of Education, and states to enter into performance agreements with LEAs, to: (1) waive statutory and regulatory requirements; (2) consolidate ESEA funds provided for improving student achievement and narrowing achievement gaps, for use in furthering any state educational purpose; and (3) use an alternative method of allocating school improvement funds under part A of title I to more effectively target LEAs and schools serving high proportions of needy students. Holds states, LEAs, and schools to the requirement that they make adequate yearly progress (AYP) toward challenging state…