20 U.S. Code § 3988 - Payments; Federal share; limitation

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(a) Federal and non-Federal shares
(1) The Secretary shall pay, to each applicant having an application approved under section 3987 of this title, the Federal share of the cost of the program described in the application.
(2) The Federal share for each fiscal year shall be 50 per centum.
(3) The non-Federal share of payments under this part may be in cash or in kind, fairly evaluated, including plant, equipment, or services.
(b) Fiscal year State limitation
Not more than 15 per centum of the funds appropriated under this part in any fiscal year may be paid to applicants in any single State.

Source

(Pub. L. 98–377, title III, § 309,Aug. 11, 1984, 98 Stat. 1286; Pub. L. 99–159, title II, § 231,Nov. 22, 1985, 99 Stat. 900; Pub. L. 100–418, title VI, § 6031(b)(2),Aug. 23, 1988, 102 Stat. 1483.)
Amendments

1988—Subsecs. (a)(3), (b). Pub. L. 100–418substituted “part” for “subchapter”.
1985—Subsec. (a)(1). Pub. L. 99–159substituted “Secretary” for “Foundation”.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

20 USCDescription of ChangeSession YearPublic LawStatutes at Large

 

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