Pub. L. 100-77, tit. VII, subtit. C, sec. 735

PAYMENTS; FEDERAL SHARE: LIMITATION.

EnactedYear: 1987Length: 154 wordsOfficial source
SEC. 735. PAYMENTS; FEDERAL SHARE: LIMITATION. (a) Payments.— The Secretary shall pay to each applicant having an application approved under section 733 the Federal share of the cost of activities described in the application. (b) Federal Share.— (1) (A) The Federal share for each fiscal year shall be not less than 50 percent nor more than 90 percent. (B) The Federal share shall be determined by the Secretary for each recipient under this subtitle based upon the ability of 101 STAT. 530the recipient to meet the non-Federal share of the cost of the program for which assistance is sought. (2) The non-Federal share of payments under this subtitle may be in cash or in kind fairly evaluated, including plant equipment or services. (c) Limitation.— The Secretary may not make grants in any State in an aggregate in excess of 15 percent of the amount appropriated to carry out this subtitle in each fiscal year.
Pub. L. 100-77, tit. VII, subtit. C, sec. 735: PAYMENTS; FEDERAL SHARE: LIMITATION. | Justis AI