7 USC § 2009aa–4 - Local development districts; certification and administrative expenses
(a)
Definition of local development district
In this section, the term “local development district” means an entity that—
(1)
is—
(A)
a planning district in existence on December 21, 2000, that is recognized by the Economic Development Administration of the Department of Commerce; or
(B)
where an entity described in subparagraph (A) does not exist—
(i)
organized and operated in a manner that ensures broad-based community participation and an effective opportunity for other nonprofit groups to contribute to the development and implementation of programs in the region;
(ii)
governed by a policy board with at least a simple majority of members consisting of elected officials or employees of a general purpose unit of local government who have been appointed to represent the government;
(iii)
certified to the Authority as having a charter or authority that includes the economic development of counties or parts of counties or other political subdivisions within the region—
(b)
Grants to local development districts
(2)
Conditions for grants
(A)
Maximum amount
The amount of any grant awarded under paragraph (1) shall not exceed 80 percent of the administrative expenses of the local development district receiving the grant.
(a)
Definition of local development district
In this section, the term “local development district” means an entity that—
(1)
is—
(A)
a planning district in existence on December 21, 2000, that is recognized by the Economic Development Administration of the Department of Commerce; or
(B)
where an entity described in subparagraph (A) does not exist—
(i)
organized and operated in a manner that ensures broad-based community participation and an effective opportunity for other nonprofit groups to contribute to the development and implementation of programs in the region;
(ii)
governed by a policy board with at least a simple majority of members consisting of elected officials or employees of a general purpose unit of local government who have been appointed to represent the government;
(iii)
certified to the Authority as having a charter or authority that includes the economic development of counties or parts of counties or other political subdivisions within the region—
(b)
Grants to local development districts
(2)
Conditions for grants
(A)
Maximum amount
The amount of any grant awarded under paragraph (1) shall not exceed 80 percent of the administrative expenses of the local development district receiving the grant.
Source
(Pub. L. 87–128, title III, § 382E, as added Pub. L. 106–554, § 1(a)(4) [div. B, title V, § 503], Dec. 21, 2000, 114 Stat. 2763, 2763A–276; amended Pub. L. 107–171, title VI, § 6027(e),May 13, 2002, 116 Stat. 374.)
Amendments
2002—Subsec. (b)(1). Pub. L. 107–171substituted “Authority shall” for “Authority may”.
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, May 21, 2013
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