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S 701 112th Congress Senate

Fiscal Fairness Act

Official title: A bill to amend section 1120A(c) of the Elementary and Secondary Education Act of 1965 to assure comparability of opportunity for educationally disadvantaged students.

Introduced: May 18, 2011 Introduced by: Bennet, Michael F. Democratic · Colorado See on congress.gov
Education Education of the disadvantagedEducation programs fundingElementary and secondary educationGovernment information and archivesGovernment studies and investigations
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 31, 2011
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Mar 31, 2011
Introduced in Senate
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 Latest action March 31, 2011

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Plain-English summary Congressional Research Service

Fiscal Fairness Act - Amends part A of title I of the Elementary and Secondary Education Act of 1965 to condition local educational agency (LEA) receipt of school improvement funds on: (1) an average state and local spending per pupil in each school receiving school improvement funds of at least 97% of such spending per pupil across all of the LEA's schools that are not receiving such funds; and (2) an average state and local spending per pupil in each higher poverty school of at least 97% of such spending per pupil across all lower poverty schools, if the LEA is serving all of its schools under part A.

Allows LEAs to meet such requirement across all schools or among schools serving a particular grade span if they compare schools within no more than three grade spans.

Directs the Inspector General of the Department of Education, in the fourth and fifth years after this Act's enactment, to audit 5 states and 10 LEAs to determine their progress in meeting these requirements.

Requires annual LEA report cards to include certain information on state and local spending per pupil in schools.

Requires states to provide the public with annual up-to-date school-by-school listings of per-pupil state and local spending.

 Related & companion bills 1
  • HR 1294 Identical bill Fiscal Fairness Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Coons, Christopher A.
Delaware · May 18, 2011
 D
Murray, Patty
Washington · May 5, 2011
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APA
U.S. Congress. (2026). S. 701: Fiscal Fairness Act. 112th Congress. Open America. https://openamerica.io/bill/112-S-701/
MLA
"S. 701: Fiscal Fairness Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-701/.
Bluebook (legal)
S. 701, 112th Cong. (2026), https://openamerica.io/bill/112-S-701/.
Markdown link
[S. 701: Fiscal Fairness Act](https://openamerica.io/bill/112-S-701/)
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