22 U.S.C. § 2151h — Cost-sharing

in plain englishAI-generated · not legal advice

A country must promise to pay at least 25 percent of an assisted program, project, or activity before United States assistance under sections 2151a through 2151d may be provided. The country may provide its share in kind.

No assistance shall be furnished by the United States Government to a country under sections 2151a through 2151d of this title until the country provides assurances to the President, and the President is satisfied, that such country will provide at least 25 per centum of the costs of the entire program, project, or activity with respect to which such assistance is to be furnished, except that such costs borne by such country may be provided on an “inkind” basis.

the actual law source: uscode.house.gov ↗public domain

No assistance shall be furnished by the United States Government to a country under sections 2151a through 2151d of this title until the country provides assurances to the President, and the President is satisfied, that such country will provide at least 25 per centum of the costs of the entire program, project, or activity with respect to which such assistance is to be furnished, except that such costs borne by such country may be provided on an “inkind” basis.

Source credit: (Pub. L. 87–195, pt. I, § 110, as added Pub. L. 93–189, § 2(3), Dec. 17, 1973, 87 Stat. 716; amended Pub. L. 94–161, title III, § 307, Dec. 20, 1975, 89 Stat. 859; Pub. L. 95–88, title I, § 106, Aug. 3, 1977, 91 Stat. 535; Pub. L. 95–424, title I, § 112(b), Oct. 6, 1978, 92 Stat. 949; Pub. L. 99–83, title XII, § 1211(a)(3), Aug. 8, 1985, 99 Stat. 279.)

history & why it existsrecord from the source credit

1973Enacted · Pub. L. 87-195 · 87 Stat. 716
1975Amended · Pub. L. 94-161 · 89 Stat. 859
1977Amended · Pub. L. 95-88 · 91 Stat. 535
1978Amended · Pub. L. 95-424 · 92 Stat. 949
1985Amended · Pub. L. 99-83 · 99 Stat. 279

A history note hasn’t been published yet. The record shows enactment by Pub. L. 87-195 on 1973-12-17.