Impact Aid Infrastructure Partnership Act

This bill establishes a program to provide federal funding for school infrastructure improvements in federally impacted school districts, which serve communities on federal lands like Indian reservations and military bases where local property taxes are limited due to non-taxable federal property. It authorizes $250 million annually for fiscal years 2024-2027 to fund critical repairs, modernization, and construction projects, prioritizing schools with immediate safety hazards first. The program offers full grants for districts with no bond capacity and requires local matching funds (10-25% of project costs) based on each district's financial capacity. It specifically addresses unique challenges like teacher housing needs on tribal lands and ensures funds supplement, rather than replace, existing local funding for school facilities.