222.65—How may a State aid program affect a local educational agency's eligibility for assistance under section 8003(f)?
         The Secretary determines that an LEA is not eligible for financial assistance under  section 8003(f) if—
    
    
        
        (a) 
         The LEA is in a State that has an equalized program of State aid that meets the requirements of  section 8009; and
    
    
        
        (b) 
         The State, in determining the LEA's eligibility for or amount of State aid, takes into consideration the LEA's payment under  section 8003(f).