Pub. L. 103-227, tit. II, pt. C, sec. 235

NON-FEDERAL SHARE.

EnactedYear: 1994Length: 130 wordsOfficial source
SEC. 235. NON-FEDERAL SHARE. (a) In General.—Subject to subsections (b) and (c), the Secretary may require any recipient of a grant or contract under this part to share in the cost of the activities assisted under such grant or contract, which non-Federal share shall be announced through a notice in the Federal Register and may be in the form of cash or in-kind contributions, fairly valued. (b) Increase.—The Secretary may increase the non-Federal share that is required of a recipient of a grant or contract under this part after the first year such recipient receives funds under such grant or contract. (c) Maximum.—The non-Federal share required under this section shall not exceed 50 percent of the cost of the activities assisted pursuant to a grant or contract under this part.
Pub. L. 103-227, tit. II, pt. C, sec. 235: NON-FEDERAL SHARE. | Justis AI