Subject to subsection (b) of this section, a recipient of a grant under section
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.
A recipient may not redistribute grant funds received under section
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.
Under subsection (c) of this section, a recipient may not provide any grant to a private for-profit entity.
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.