FUNDING REQUIREMENTS.

SEC. 2604. FUNDING REQUIREMENTS. (a) Cost Sharing.— (1) Required non-federal share.—Subject to paragraph (2), as a condition on the approval of a conservation corridor plan, the Secretary shall require the State and local participants to contribute financial resources sufficient to cover at least 50 percent of the total cost of the activities carried out under the plan. (2) Exception.—The Secretary may reduce the cost-sharing requirement in the case of a specific project or activity under the demonstration program on good cause and on demonstration that the project or activity is likely to achieve extraordinary natural resource benefits. (b) Reservation of Funds.—The Secretary may consider directing funds on a priority basis to the demonstration program and to projects in areas identified by the plan.116 STAT. 278 (c) Authorization of Appropriations.—There are authorized to be appropriated such sums as are necessary to carry out this subtitle for each of fiscal years 2002 through 2007.