119th (2025–2027)
S. 2921
S. 2921 would increase federal funding for "impact aid," a program that helps school districts where federal property or activities (such as military bases or Native American reservations) reduce local tax revenues. The bill increases funding across four categories—payments for federal property acquisition, basic payments to affected school districts, special education services, and school construction—with steadily rising appropriations from fiscal year 2026 through 2031. For example, basic payments would grow from approximately $1.6 billion in 2026 to $2.5 billion in 2031, while construction funding would increase from roughly $23 million to $45 million over the same period. This legislation aims to move toward fully funding impact aid, which historically has not received enough appropriations to cover all eligible school districts' needs. The bill was introduced in September 2025 with bipartisan sponsorship.