APPLICATION OF CERTAIN FORMULAS.

SEC. 205. APPLICATION OF CERTAIN FORMULAS. In the administration of any program as to which— (1) the amount of expenditures or obligations is limited pursuant to section 202 or 203, and (2) the allocation, grant, apportionment, or other distribution of funds among recipients is required to be determined by application of a formula involving the amount appropriated or otherwise made available for distribution, the amount available for expenditure or obligation (as determined by the President) shall be substituted for the amount appropriated or otherwise made available in the application of the formula.