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

§ 7221j.
Authorization of appropriations
(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) ReservationFrom 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.

 

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