Bill > S1202

This bill, the Keep Our Promise to America’s Children and Teachers Act (Keep Our PACT Act), aims to fully fund key federal education programs for fiscal years 2024 through 2033. * **Title I Part A of the Elementary and Secondary Education Act:** This bill appropriates increasing amounts annually from fiscal year 2024 through fiscal year 2033 to supplement existing appropriations for programs that address educational inequity. The specific amounts appropriated each year are calculated as the difference between a target amount (ranging from $20.5 billion in FY2024 to $51.3 billion in FY2033) and the fiscal year 2023 appropriation for Title I Part A, or the full authorized amount, whichever is greater. The funding comes from the U.S. Treasury. * **Individuals with Disabilities Education Act (IDEA):** This bill appropriates significant funds for fiscal years 2024 through 2033 to ensure federal funding for IDEA reaches 40% of the national average per-pupil expenditure for students with disabilities. The appropriated amounts increase each year, starting at $5.87 billion in FY2024 and reaching $55.5 billion in FY2033 and subsequent years. This funding comes from the U.S. Treasury and is available for obligation on July 1 of the respective fiscal year and remains available through September 30 of the following year.