A bill to amend title I of the Elementary and Secondary Education Act of 1965 to permit the Secretary of Education to waive the requirements of subsection (c), (d), or (e) of section 126 of such Act in the case of local educational agencies participating in experimental State programs that increase local flexibility in the use of educational funds by consolidating certain categorical educational programs.

[AI summary unavailable — showing source text] Amends the Elementary and Secondary Education Act of 1965 to authorize the Secretary of Education to waive specified requirements for the use of title I special educational needs funds by local educational agencies participating in experimental programs designed to consolidate State categorical educational programs. Permits such waiver for any one of fiscal years 1982 through 1985, with possible renewal for an additional one-year period, of requirements that: (1) such Federal funds be used to supplement, not supplant, non-Federal funds for regular and certain special State and local programs; and (2) agencies receiving Federal assistance maintain, through use of non- Federal funds, services comparable to those provided by unassisted agencies. Prohibits the Secretary's approval of a waiver application unless it contains the following assurances plus an assurance that not more than 15 percent of the State's educationally deprived children shall be served under the experimental program. Requires an assurance, in the case of any waiver which enables local educational agencies to consolidate the administration and operation of programs for educationally deprived children and special edu…