base funding percentage

(1) Base funding (A) In general For each fiscal year after fiscal year 2020, the Secretary shall allocate a percentage equal to the base funding percentage for such fiscal year of the funds made available for grants under this section among the States awarded such a grant for such fiscal year using a formula prescribed by the Secretary based on the rate of insured unemployment (as defined in section 203(e)(1) of the Federal-State Extended Unemployment Compensation Act of 1970 ( 26 U.S.C. 3304 note)) in the State for a period to be determined by the Secretary. In developing such formula with respect to a State, the Secretary shall consider the importance of avoiding sharp reductions in grant funding to a State over time. (B) Base funding percentage For purposes of subparagraph (A), the term “base funding percentage” means— (i) for fiscal years 2021 through 2026, 89 percent; and (ii) for fiscal years after 2026, 84 percent.

Source

42 USC § 506(f)(1)


Scoping language

None identified, default scope is assumed to be the parent (subchapter III) of this section.
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