Synopsis As Introduced Amends the Grant Accountability and Transparency Act. Provides that, if a State grant-making agency is accepting grant applications by municipalities for a grant program offered by the State, the grant-making agency shall include a separate grant application and grant application process for low-income municipalities. Establishes what information must be included in the grant application. Provides that the State grant-making agency shall set aside for low-income municipalities at least 25% of all funds appropriated for each of its competitive grant programs. Provides that the State grant-making agency shall adopt rules for the low-income municipality. Defines "low-income municipality".