42 U.S. Code § 3154c - Direct expenditure or redistribution by recipient

(a) In general
Subject to subsection (b) of this section, a recipient of a grant under section 3141, 3143, or 3147 of this title may directly expend the grant funds or may redistribute the funds in the form of a subgrant to other eligible recipients to fund required components of the scope of work approved for the project.
(b) Limitation
A recipient may not redistribute grant funds received under section 3141 or 3143 of this title to a for-profit entity.
(c) Economic adjustment
Subject to subsection (d) of this section, a recipient of a grant under section 3149 of this title may directly expend the grant funds or may redistribute the funds to public and private entities in the form of a grant, loan, loan guarantee, payment to reduce interest on a loan guarantee, or other appropriate assistance.
(d) Limitation
Under subsection (c) of this section, a recipient may not provide any grant to a private for-profit entity.

Source

(Pub. L. 89–136, title II, § 217, as added Pub. L. 108–373, title II, § 212(a),Oct. 27, 2004, 118 Stat. 1766.)

This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


13 CFR - Business Credit and Assistance

13 CFR Part 309 - REDISTRIBUTIONS OF INVESTMENT ASSISTANCE

 

LII has no control over and does not endorse any external Internet site that contains links to or references LII.