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The Impact Aid Infrastructure Partnership Act authorizes $250 million annually for four years in federal grants to help local school districts with significant federal property (which limits their bonding capacity) repair, modernize, or replace school facilities. The bill establishes two grant programs: competitive grants prioritizing schools with health and safety code violations or structural deficiencies, and formula grants for districts with limited local funding capacity, with local matching requirements based on the percentage of federally impacted students.
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