20 U.S. Code § 7221j - Authorization of appropriations

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(a) In general
There are authorized to be appropriated to carry out this subpart $300,000,000 for fiscal year 2002 and such sums as may be necessary for each of the 5 succeeding fiscal years.
(b) Reservation
From the amount appropriated under subsection (a) of this section for each fiscal year, the Secretary shall reserve—
(1) $200,000,000 to carry out this subpart, other than section 7221d (b) of this title; and
(2) any funds in excess of $200,000,000, that do not exceed $300,000,000, to carry out section 7221d (b) of this title; and
(3)
(A) 50 percent of any funds in excess of $300,000,000 to carry out this subpart, other than section 7221d (b) of this title; and
(B) 50 percent of any funds in excess of $300,000,000 to carry out section 7221d (b) of this title.

Source

(Pub. L. 89–10, title V, § 5211, as added Pub. L. 107–110, title V, § 501,Jan. 8, 2002, 115 Stat. 1799.)

 

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