COMPUTATION OF GRANT AMOUNTS.

SEC. 6047. COMPUTATION OF GRANT AMOUNTS. (a) Computation.— (1) In general.— The Secretary shall pay to each eligible partnership having an application approved under section 6046 the Federal share of the cost of the activities described in the application. (2) Federal share.— The Federal share shall be— (A) 90 percent for the first year for which an eligible partnership receives assistance under this chapter; (B) 75 percent for the second such year; (C) 50 percent for the third such year; and (D) 33⅓ percent for the fourth such year. (3) Non-federal share.— The non-Federal share of payments under this chapter may be in cash or in kind fairly evaluated, including planned equipment or services. (b) Restriction.— The total amount of funds paid under this chapter during any fiscal year to eligible partnerships in any single State may not be greater than the greater of— (1) an amount equal to 15 percent of the funds appropriated under this chapter for that fiscal year; or (2) $1,000,000.