amendments relating to public law 874, eighty-first congress

amendments relating to public law 874, eighty-first congress Sec. 330. (a) Section 5(d)(2) of the Act of September 30, 1950 (Public Law 874, Eighty-first Congress), is amended by adding at the end thereof the following new subparagraph: “(C) In the application of subparagraph (A) of this paragraph to any State having a program described in such subparagraph (A) in effect on the date of the enactment of the Education Amendments of 1976, no payment may be withheld from and no repayment may be required of any State or local educational agency for any period prior to promulgation of final regulations, or, if the State is not in conformance with such regulations, until July 1, 1977.”. (b) (1) Section 5(c) (1) of the Act of September 30, 1950 (Public Law 874, Eighty-first Congress) is amended to read as follows: “(1) He shall first allocate to each local educational agency which is entitled to a payment under section 2 an amount equal to 100 per centum of the amount to which it is entitled as computed under that section for such fiscal year and he shall further allocate to each local educational agency which is entitled to a payment under section 3 an amount equal to 25 per centum of the amount to which it is entitled as computed under section 3(d) for such fiscal year.”. (2) Section 5(c) (2) of such Act is amended (A) by striking out “; and” at the end of clause (F) and inserting in lieu thereof a period, and (B) by striking out clause (G). (3) Section 5(c)(3) of such Act, as so amended, is amended by striking out “sections 2, 3, and 4” and inserting in lieu thereof “sections 3 and 4”. (4) The amendments made by this subsection shall take effect on July 1, 1975.