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2026-07-06 10:51:44 -04:00

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LegalText 20 U.S.C. § 10012 Fiscal relief us united_states_code code_section 20 EDUCATION 80 STATE FISCAL STABILIZATION FUND 10012 20 U.S.C. § 10012 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc20@119-100.zip /us/usc/t20/s10012 data/legal/raw/us/code/title-20/usc20.xml a1d68d76b0c635b9ef69201551105176d39252593172c334ee9b8d3c79e3a289 6022872c5d6a3398d1728f82f8cefcb58db9f5ff548e2a636450be1e4a8bb052 56b33509b25dc91eb223e7e606989a916cafe3e8cba1d158bb3c6d37699b36e2 2026-07-04 official
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20 U.S.C. § 10012 - Fiscal relief

Text

(a) In general For the purpose of relieving fiscal burdens on States and local educational agencies that have experienced a precipitous decline in financial resources, the Secretary of Education may waive or modify any requirement of this chapter relating to maintaining fiscal effort.

(b) Duration A waiver or modification under this section shall be for any of fiscal year 2009, fiscal year 2010, or fiscal year 2011, as determined by the Secretary.

(c) Criteria The Secretary shall not grant a waiver or modification under this section unless the Secretary determines that the State receiving such waiver or modification will not provide for elementary, secondary, and public higher education, for the fiscal year under consideration, a smaller percentage of the total revenues available to the State than the percentage provided for such purpose in the preceding fiscal year.

(d) Maintenance of effort Upon prior approval from the Secretary, a State or local educational agency that receives funds under this chapter may treat any portion of such funds that is used for elementary, secondary, or postsecondary education as non-Federal funds for the purpose of any requirement to maintain fiscal effort under any other program, including part C of the Individuals with Disabilities Education Act (20 U.S.C. 1431 et seq.), administered by the Secretary.

(e) Subsequent level of effort Notwithstanding (d),11 So in original. Probably should be “subsection (d),”. the level of effort required by a State or local educational agency for the following fiscal year shall not be reduced.

(Pub. L. 1115, div. A, title XIV, § 14012, Feb. 17, 2009, 123 Stat. 285; Pub. L. 1118, div. F, title V, § 523(h), Mar. 11, 2009, 123 Stat. 806.)

Notes

Editorial Notes

References in TextThe Individuals with Disabilities Education Act, referred to in subsec. (d), is title VI of Pub. L. 91230, Apr. 13, 1970, 84 Stat. 175. Part C of the Act is classified generally to subchapter III (§ 1431 et seq.) of chapter 33 of this title. For complete classification of this Act to the Code, see section 1400 of this title and Tables.

Amendments2009—Subsec. (c). Pub. L. 1118 amended subsec. (c) generally. Prior to amendment, text read as follows: “The Secretary shall not grant a waiver or modification under this section unless the Secretary determines that the State or local educational agency receiving such waiver or modification will not provide for elementary and secondary education, for the fiscal year under consideration, a smaller percentage of the total revenues available to the State or local educational agency than the amount provided for such purpose in the preceding fiscal year.”