; (2) $1,246,782,498 for fiscal year 2020; (3) $1,264,237,452 for fiscal year 2021; (4) $1,281,936,777 for fiscal year 2022; (5) $1,299,883,892 for fiscal year 2023; and (6) $1,318,082,266 for fiscal year 2024. . I Career and technical education assistance to the States A Allotment and Allocation 110. Reservations and State allotment Section 111 ( 20 U.S.C. 2321 ) is amended to read as follows: 111. Reservations and State allotment (a) Reservations and State allotment (1) Reservations From the amount appropriated under section 9 for each fiscal year, the Secretary shall reserve— (A) 0.13 percent to carry out section 115; and (B) 1.50 percent to carry out section 116, of which— (i) 1.25 percent of the sum shall be available to carry out section 116(b); and (ii) 0.25 percent of the sum shall be available to carry out section 116(h). (2) Foundational grant (A) In general From the remainder of the amount appropriated under section 9 and not reserved under paragraph (1) for a fiscal year, the Secretary shall allot to a State for the fiscal year an amount equal to the amount the State received in fiscal year 2018. (B) Ratable reduction If for any fiscal year the amount appropriated for allotments under this section is insufficient to satisfy the provisions of subparagraph (A), the payments to all States under such subparagraph shall be ratably reduced. (3) Additional funds Subject to paragraph (4), from the additional funds remaining from the amount appropriated under section 9 and not expended under paragraphs (1) and (2) for a fiscal year, the Secretary shall allot to a State for the fiscal year— (A) an amount that bears the same ratio to 50 percent of the sum being allotted as the product of the population aged 15 to 19, inclusive, in the State in the fiscal year preceding the fiscal year for which the determination is made and the State’s allotment ratio bears to the sum of the corresponding products for all the States