Improving resource equity

(a) Purpose It is the purpose of the amendments made under this section to help ensure that sufficient funds are available to meet the requirements of this Act, including the amendments made by this Act. (b) Resource inequity reviews Section 1111(d) of the Elementary and Secondary Education Act of 1965 (20 U.S.C. 6311(d)) is amended— (1) in paragraph (1)(B)(iv), by striking resource inequities, which may and inserting and proposes a plan to mitigate resource inequities and to increase educational opportunities, including the equitable access to qualified teachers as described in paragraphs (1)(B) and (2)(J) of subsection (g), and section 1112(b)(2), for students enrolled in such school, which shall; (2) in paragraph (2)— (A) in subparagraph (B)— (i) in clause (iv), by striking and after the semicolon; (ii) in clause (v), by striking the period at the end and inserting; and; and (iii) by adding at the end the following: (vi) identifies and proposes a plan to mitigate resource inequities and to increase educational opportunities, including the equitable access to qualified teachers as described in paragraphs (1)(B) and (2)(J) of subsection (g), and section 1112(b)(2), for students enrolled in such school, which shall include a review of local educational agency and school-level budgeting, to be addressed through implementation of such targeted support and improvement plan.; and (B) in subparagraph (C), by striking may and inserting shall; and (3) in paragraph (3)(A)(ii), by inserting, including the equitable access to qualified teachers as described in paragraphs (1)(B) and (2)(J) of subsection (g) and section 1112(b)(2), after periodically review resource allocation. (c) Resource inequity reviews Section 1111 of the Elementary and Secondary Education Act of 1965 (20 U.S.C. 6311(d)), as amended by sections 203 and 204, is further amended by inserting after subsection (k) the following: (l) Disparities in per-Pupil expenditures Not less frequently than every 5 years, a State that receives assistance under this part shall examine and address fiscal inequities among schools and local educational agencies in the State, including by working with the Governor, members of the State legislature and State board of education (if the State has a State board of education), local educational agencies that serve schools in the quartile described in paragraph (1), and the public, to— (1) identify the quartile of schools serving the greatest number and percentage of students from low-income backgrounds; (2) identify the average per-pupil expenditure of the quartile of local educational agencies with the greatest per-pupil expenditures in the State; and (3) implement State and local actions to increase per-pupil expenditures at schools described in paragraph (1) to an amount that is not less than the average per-pupil expenditure described in paragraph (2)..