To amend the impact aid program under the Elementary and Secondary Education Act of 1965 relating to the calculation of payments for small local educational agencies.

Amends the Elementary and Secondary Education Act of 1965 to revise impact aid program requirements for calculating certain payments for small local educational agencies (LEAs). Requires a specified minimum payment to be made, in fiscal years for which insufficient funds are appropriated, to any eligible LEA with total student enrollment of fewer than 1,000 students that has a per-pupil expenditure less than the average of its State (as in current law) or less than the average of all the States.