Appropriation and Allocation of Funds.—

Sec. 503. Appropriation and Allocation of Funds.— (a) There is hereby authorized to be appropriated to carry out the purposes of this title not to exceed $10,000,000 for the fiscal year ending June 30, 1974, not to exceed $15,000,000 for the fiscal year ending June 30, 1975, and not to exceed $20,000,000 for the fiscal year ending June 30, 1976. (b) Such sums as the Congress shall appropriate to carry out the purposes of this title pursuant to subsection (a) shall be distributed by the Secretary as follows: (1) 1’) 4 per centum to be used by the Secretary for Federal administration, national coordination, and program assistance to the States; (2) 10 per centum to be allocated by the Secretary to States to finance work serving two or more States in which universities in two or more States cooperate or which is conducted by one university to serve two or more States; (3) 20 per centum shall be allocated equally among the States; (4) 66 per centum shall be allocated to each State, as follows: One-half in an amount which bears the same ratio to the total amount to be allotted as the rural population of the States bears to the total rural population of all the States as determined by the last preceding decennial census current at the time each such additional sum is first appropriated; and one-half in an amount which bears the same ratio to the total amount to be allotted as the farm population of the State bears to the total farm population of all the States as determined by the last preceding decennial census current at the time such additional sum is first appropriated. (c) Funds appropriated under this title may be used to pay salaries and other expenses of personnel employed to carry out the functions 86 Stat. 673 authorized by this title, to obtain necessary supplies, equipment, services, and rent, repair, and maintenance of other facilities needed, but may not be used to purchase or construct buildings. (d) Payment of funds to any State for programs authorized under section 502(a), (b), and (c) shall be contingent upon the Secretary’s approval of an annual plan and budget for programs conducted under each part and compliance with such regulations as the Secretary may issue under this title. Funds shall be available for use by the State in the fiscal year for which appropriated and the next fiscal year following the year for which appropriated. Funds shall be budgeted and accounted for on such forms and at such times as the Secretary shall proscribe. (e) Fluids provided to each State under this title may he used to finance programs through or at private and publicly supported colleges and universities other than the university responsible for administering the programs authorized by this title.