allocation of urban system funds

allocation of urban system funds Sec. 157. (a) Chapter 1 of title 23, United States Code, is amended by adding at the end thereof the following new section: “§ 150. Allocation of urban system funds “The funds apportioned to any State under paragraph (6) of subsection (b) of section 1(14 of this title that are attributable to urbanized areas of 200,000 population or more shall be made available for expenditure in such urbanized areas for projects in programs approved under subsection (d) of section 105 of this title in accordance with a fair and equitable formula developed by the State which formula has been approved by the Secretary. Such formula shall provide for fair and equitable treatment of incorporated municipalities of 200,000 or more population. Whenever such a formula has not been developed and 87 Stat. 278approved for a State, the funds apportioned to any State under paragraph (6) of subsection (b) of section 104 of this title which are attributable to urbanized areas having a population of 200,000 or more shall be allocated among such urbanized areas within such State for projects in programs approved under subsection (d) of section 105 of this title in the ratio that the population within each such urbanized area bears to the population of all such urbanized areas, or parts thereof, within such State. In the expenditure of funds allocated under the preceding sentence, fair and equitable treatment shall lie accorded incorporated municipalities of 200,000 or more population.” (b) The table of contents of chapter 1 of title 23, United States Code, is amended by adding at the end thereof the following: “150. Allocation of urban system funds.”.