Pub. L. 84-949, tit. II, sec. 205

Sec. 205. Subsection (d) of section 3 of such Act is amended (1) by striking out “generally comparable” and inserting in lieu thereof “most nearly comparable” and (2) by amending the next to the last sentence thereof to read as follows: “In no event shall the local contribution rate for any local educational agency in any State in the continental United States for any fiscal year be less than (i) 50 per centum of the average per pupil expenditure in such State or (ii) the national average per pupil local contribution rate but not to exceed the average per pupil expenditure in such State. For purposes of the preceding sentence ‘average per pupil expenditure in such State’ means the aggregate current expenditures, during the second fiscal year preceding the fiscal year for which the computation is made, of all local educational agencies in such State (without regard to the sources of funds from which such expenditures are made), divided by the aggregate number of children in average daily attendance to whom such agencies provided free public education during such second preceding fiscal year; and ‘national average per pupil local contribution rate’ means the aggregate amounts to which local educational agencies in the continental United States became entitled under section. 3 (c) (1) for such second preceding fiscal year, divided by the aggregate number of children used under section 3 (c) (1) in computing such amounts (counting children under section 3 (b) as one-half those under section 3(a)).”