continuing and revising provision for adjustments where necessitated by appropriations

continuing and revising provision for adjustments where necessitated by appropriations Sec. 114. (a) Section 208 of such Act of September 30, 1950, is amended by striking out “for the fiscal year ending June 30, 1966,” and inserting in lieu thereof “for any fiscal year”. (b) Such section 208 is further amended by adding at the end thereof the following: “In order to permit reductions made pursuant to this section for any fiscal year to be offset at least in part, the Commissioner may set dates by which (1) State educational agencies must certify to him the amounts for which the applications of educational agencies have been or will be approved by the State, and (2) State educational agencies referred to in section 203(a) (6) must file applications. The excess of (1) the total of the amounts of the maximum grants computed for all educational agencies of any State under section 203, as ratably reduced under this section, over (2) the total of the amounts for which applications of agencies of that State referred to in clauses (1) and (2) of the preceding sentence are approved shall be available, in accordance with regulations, first to educational agencies in that State and then to educational agencies in other States to offset proportionately ratable reductions made under this section.”