To permit the Secretary of Education to continue to waive certain regulatory requirements with respect to the use of aid funds for restarting school operations after Hurricanes Katrina and Rita.

Amends the Department of Defense, Emergency Supplemental Appropriations to Address Hurricanes in the Gulf of Mexico, and Pandemic Influenza Act, 2006 to extend, through FY2008, the authority of the Secretary of Education to waive or modify certain requirements relating to maintenance of effort, supplementary use of funds, and matching funds in providing assistance to Louisiana, Mississippi,...