To amend section 1120A(c) of the Elementary and Secondary Education Act of 1965 to assure comparability of opportunity for educationally disadvantaged students.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Fiscal Fairness Act''.
SEC. 2. PURPOSES.
The purposes of this Act are as follows: (1) To remedy the inequitable distribution of State and local funds within the areas served by local educational agencies. (2) To reinforce the supplementary intent of funds made available under title I of the Elementary and Secondary Education Act of 1965 (20 U.S.C. 6301 et seq.), ensuring that these funds serve their original purpose of subsidizing the increased costs associated with educating students in concentrated poverty. (3) To address the statutory, regulatory, and enforcement weaknesses that have undermined the role of the comparability requirement in ensuring comparability within school districts. (4) To require the inclusion of real teacher salaries in calculations of per-pupil expenditures. (5) To provide sufficient transparency, accountability, and disclosure to allow parents, communities, educators, and local agency officials to ensure students have access to the resources they need to achieve at high levels.
SEC. 3. COMPARABILITY OF EXPENDITURES.
Section 1120A(c) of the Elementary and Secondary Education Act of 1965 (20 U.S.C. 6321(c)) is amended to read as follows: ``(c) Comparability of Expenditures.-- ``(1) In general.-- ``(A) Comparable funding in general.--Except as provided in paragraphs (4) and (5), a local educational agency...