allotments to states

allotments to states Sec. 302. (a) (1) From the sums appropriated pursuant to the first sentence of section 301 for any fiscal year the Commissioner shall reserve such amount, but not in excess of 2 per centum thereof, as he may determine for allotment as provided in section 1008, and shall reserve 12 per centum for loans authorized in section 305. From the remainder of such sums the Commissioner shall allot to each State an amount which bears the same ratio to the amount of such remainder as the product of— (A) the school-age population of the State, and (B) the State’s allotment ratio (as determined under paragraph (2)), bears to the sum of the corresponding products for all the States. (2) The “allotment ratio” for any State shall be 100 per centum less the product of (A) 50 per centum and (B) the quotient obtained by dividing the income per child of school age for the State by the income per child of school age for the continental United States, except that the allotment ratio shall in no case be less than 33 1/3 per centum or more than 66% per centum. The allotment ratios shall be promulgated by the Commissioner as soon as possible after enactment or this Act, and again between July 1 and August 31 of the year 1959, on the basis of the average of the incomes per child of school age for the States and for the continental United States for the three most recent consecutive years for which satisfactory data are available from the Department of Commerce. The first such promulgation shall be conclusive for each of the two fiscal years in the period beginning July 1, 1958, and ending June 30, 1960. and the second shall be conclusive for each of the two fiscal years in the period beginning July 1, 1960, and ending June 30, 1962. (3) For the purposes of this title— (A) The term “child of school age” means a member of the population between the ages of five and seventeen, both inclusive. (B) The term “continental United States” does not include Alaska. (C) The term “income per child of school age” for any State or for the continental United States means the total personal income for the State and the continental United States, respectively, divided by the number of children of school age in such State and in the continental United States, respectively. 72 Stat. 1589 (4) A States allotment under this subsection shall remain available for payment pursuant to section 304 (a) for projects in such State until the end of the fiscal year following the year for which the allotment is made. (b) From the sums appropriated pursuant to the second sentence of section 301 for any fiscal year the Commissioner shall reserve such amount, but not in excess of 2 per centum thereof, as he may determine for allotment as provided in section 1008. From the remainder of such sums the Commissioner shall allot to each State an amount which bears the same ratio to the amount of such remainder as the school-age population of such State bears to the total of the school-age populations of all of the States. The amount allotted to any State under the preceding sentence for any fiscal year which is less than $20,000 shall be increased to $20,000, the total thereby required being derived by proportionately reducing the amount allotted to each of the remaining States under the preceding sentence, but with such adjustments as may be necessary to prevent the allotment of any of such remaining States from being thereby reduced to less than $20,000.