; and (ii) for fiscal year 2024 and each succeeding fiscal year, is the amount determined under subparagraph (B). . 4. Education Finance Incentive Grant Program (a) States with an equity Factor less than 0.10 Section 1125A(d)(1)(B)(i) of the Elementary and Secondary Education Act of 1965 ( 20 U.S.C. 6337(d)(1)(B)(i) ) is amended to read as follows: (i) In general For each fiscal year for which the Secretary uses local educational agency data, the weighted child count used to determine a local educational agency’s grant under this section— (I) for each fiscal year through fiscal year 2023, is the larger of the two amounts determined under clauses (ii) and (iii); and (II) for fiscal year 2024 and each succeeding fiscal year, is the amount determined under clause (iii). . (b) States with an equity factor greater than or equal to 0.10 and less than 0.20 Section 1125A(d)(2)(B)(i) of the Elementary and Secondary Education Act of 1965 ( 20 U.S.C. 6337(d)(2)(B)(i) ) is amended to read as follows: (i) In general For each fiscal year for which the Secretary uses local educational agency data, the weighted child count used to determine a local educational agency’s grant under this section— (I) for each fiscal year through fiscal year 2023, is the larger of the two amounts determined under clauses (ii) and (iii); and (II) for fiscal year 2024 and each succeeding fiscal year, is the amount determined under clause (iii). . (c) States with an equity factor greater than or equal to 0.20 Section 1125A(d)(3)(B)(i) of the Elementary and Secondary Education Act of 1965 ( 20 U.S.C. 6337(d)(3)(B)(i) ) is amended to read as follows: (i) In general For each fiscal year for which the Secretary uses local educational agency data, the weighted child count used to determine a local educational agency’s grant under this section— (I) for each fiscal year through fiscal year 2023, is the larger of the two amounts determined under clauses (ii) and (iii)