This legislation, titled the "Afterschool for All Act," aims to significantly expand and reauthorize the Nita M. Lowey Community Learning Centers program under the Elementary and Secondary Education Act of 1965. It extends the program's authorization for a decade, from fiscal years 2026 through 2035 , ensuring continued support for afterschool and extended learning opportunities. A key provision is the substantial increase in authorized appropriations, allocating $10,000,000,000 annually for each of these fiscal years, a tenfold increase from previous levels. To help finance this expanded investment, the bill proposes to raise the corporate tax rate from 21 percent to 22 percent , effective for taxable years beginning after the date of enactment. Additionally, the bill simplifies the program's name by removing "21st Century," referring to it simply as the Community Learning Centers program.