Public Law 81-874

Public Law 81-874, enacted in 1950, is a U.S. federal law designed to provide financial assistance to school districts that experience a loss of tax revenue due to federal activities, such as military bases or government installations. The law aims to ensure that these districts can maintain adequate funding for education despite the decreased local tax base. It funds schools based on the number of students affected and helps address disparities in education funding, ensuring that all students have access to quality education regardless of their local tax revenue situation.