“ Supplement, not supplant.—A local educational agency shall use funds provided under an emergency grant or modernization grant awarded under this subsection only to supplement the amount of funds that would, in the absence of the Federal funds provided under the grant, be made available from non-Federal sources to carry out emergency repairs of school facilities or to carry out the modernization of school facilities, as the case may be, and not to supplant such funds. ”

“ The agency has an assessed value of real property per student that may be taxed for school purposes that is less than the average of the assessed value of real property per student that may be taxed for school purposes in the State in which the local educational agency is located. `` (ii) A local educational agency is also eligible to receive a modernization grant under this subparagraph if the agency is eligible to receive assistance under section 8002 for the fiscal year and meets the requirements of subclauses (II) and (III) of clause (i) . ”

“ Effective date.—The Secretary shall consider an application for a payment under section 8003 (b) (2) for fiscal year 2002 from a qualified local educational agency described in section 8003 (b) (2) (C) (iv) , as added by paragraph (1) , as meeting the requirements of section 8003 (b) (2) (C) (iii) , and shall provide a payment under section 8003 (b) (2) for fiscal year 2002, if the agency submits to the Secretary an application for payment under such section not later than 30 days after the date of enactment of this Act. ”