Title 20 › CHAPTER 80 — STATE FISCAL STABILIZATION FUND › § 10012
The Secretary of Education may waive or change rules about keeping the same level of state funding to help States and local school systems that suddenly lose a lot of money. Waivers can cover fiscal year 2009, fiscal year 2010, or fiscal year 2011, as the Secretary decides. A waiver can only be given if the State will not spend a smaller share of its total revenue on elementary, secondary, and public higher education in the covered year than it did the year before. With prior approval, a State or local agency that gets these funds may count some of those funds as non‑Federal money for other maintain‑effort rules, including part C of the Individuals with Disabilities Education Act, but the required level of effort for the next fiscal year cannot be reduced.
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Legislative History
Reference
Citation
20 U.S.C. § 10012
Title 20, Education
Last Updated
Sep 23, 2026
Release point: 119-110