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U.S. Department of Education: Promoting Educational Excellence for all Americans
Statute: TITLE I / C / 643 / c / 3

(3) Ratable reduction.--

(A) In general.--If the sums made available under this part for any fiscal year are insufficient to pay the full amounts that all States are eligible to receive under this subsection for such year, the Secretary shall ratably reduce the allotments to such States for such year.

(B) Additional funds.--If additional funds become available for making payments under this subsection for a fiscal year, allotments that were reduced under subparagraph (A) shall be increased on the same basis the allotments were reduced.