The Learn and Serve America Reinvestment Act establishes a direct annual appropriation of $40,000,000 for the Learn and Serve America program, commencing in fiscal year 2026. These funds are specifically allocated for various components of the program, ensuring targeted support for its initiatives. Furthermore, the bill provides funding for at least 10 additional full-time staff members at the Corporation for National and Community Service, intended to bolster program planning, design, and technological advancements. The legislation significantly expands eligibility for the program by explicitly including local educational agencies and consortia of such agencies as potential recipients. For fiscal year 2026 and subsequent years, the bill transitions the program's funding mechanism to competitive grants for State educational agencies, territories, and Indian tribes, while reserving a portion for the Bureau of Indian Affairs. Additionally, it allows State educational agencies to designate experienced statewide entities to manage these grants and mandates an annual report to Congress detailing the distribution and utilization of awarded funds by grantee type.