51 U.S.C. § 51102 — Grant authority

submitted 32 years ago by Pub. L. 103-272 to r/title-51-NATIONAL-AND-COMMERCIAL-SPACE-PROGRAMS · 85 words · no verdicts yet

in plain englishAI-generated · not legal advice

To keep U.S. space infrastructure resilient, the Secretary of Transportation may award project grants to sponsors. The grant can't cover more than half the project's cost, and the private sector must pay at least 10 percent.

(a) General Authority. To help make sure the United States' space transportation infrastructure stays strong and reliable, the Secretary of Transportation may give project grants to sponsors, as allowed elsewhere in this chapter. (b) Limitations. The Secretary can only give a project grant if two things are both true: at least 10 percent of the project's total cost is paid by the private sector, and the grant itself does not cover more than 50 percent of the project's total cost.

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

(a)General Authority.—

To ensure the resiliency of the space transportation infrastructure of the United States, the Secretary of Transportation may make project grants to sponsors as provided in this chapter.

(b)Limitations.—

The Secretary may make a project grant under this chapter only if—

(1)

at least 10 percent of the total cost of the project will be paid by the private sector; and

(2)

the grant will not be for more than 50 percent of the total cost of the project.

Source credit: (Pub. L. 103–272, § 1(e), July 5, 1994, 108 Stat. 1343, § 70302 of title 49; renumbered § 70302 then § 51102 of title 51, Pub. L. 111–314, § 4(d)(2), (4)(B), Dec. 18, 2010, 124 Stat. 3440, 3441.)

history & why it existsrecord from the source credit

1994Enacted · Pub. L. 103-272 · 108 Stat. 1343
2010Amended · Pub. L. 111-314 · 124 Stat. 3440, 3441

A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-272 on 1994-07-05.

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