 
 CHAPTER 70--STRENGTHENING AND IMPROVEMENT OF ELEMENTARY AND SECONDARY 
                                 SCHOOLS
 
    SUBCHAPTER I--HELPING DISADVANTAGED CHILDREN MEET HIGH STANDARDS
 
 Part A--Improving Basic Programs Operated by Local Educational Agencies
 
                         subpart 2--allocations
 
Sec. 6338. Carryover and waiver


(a) Limitation on carryover

    Notwithstanding section 1225 of this title or any other provision of 
law, not more than 15 percent of the funds allocated to a local 
educational agency for any fiscal year under this subpart (but not 
including funds received through any reallocation under this subpart) 
may remain available for obligation by such agency for one additional 
fiscal year.

(b) Waiver

    A State educational agency may, once every three years, waive the 
percentage limitation in subsection (a) of this section if--
        (1) the agency determines that the request of a local 
    educational agency is reasonable and necessary; or
        (2) supplemental appropriations for this subpart become 
    available.

(c) Exclusion

    The percentage limitation under subsection (a) of this section shall 
not apply to any local educational agency that receives less than 
$50,000 under this subpart for any fiscal year.

(Pub. L. 89-10, title I, Sec. 1127, as added Pub. L. 103-382, title I, 
Sec. 101, Oct. 20, 1994, 108 Stat. 3577.)
