ALLcrimesfood&drugstaxestelecomcommercehealthconservationtransportationagricultureveteransbrowse all titles »
0

54 U.S.C. § 302901 — Awarding of grants and availability of grant funds

submitted 12 years ago by Pub. L. 113-287 to r/title-54-NATIONAL-PARK-SERVICE-AND-RELATED-PROGRAMS · 124 words · no verdicts yet

in plain englishAI-generated · not legal advice

To get a grant under this division, an applicant must apply following the Secretary's rules. These grants are not taxed as income, and the Secretary must release funding to States and the National Trust promptly, administering each recipient's grants as a single grant.

(a) In general. No one can get a grant under this division unless they apply to the Secretary following the Secretary's regulations and procedures. (b) Grants are not taxable income. A grant made under this division is not treated as taxable income under the Internal Revenue Code of 1986. (c) Availability. The Secretary must make grant funding available to individual States and the National Trust as soon as practical after signing a grant agreement. For administration purposes, each State's grants, and the National Trust's grants, are each treated as one single grant and handled by the National Park Service that way.
the actual law source: uscode.house.gov ↗public domain
(a)In General.—

No grant may be made under this division unless application for the grant is submitted to the Secretary in accordance with regulations and procedures prescribed by the Secretary.

(b)Grant Not Treated as Taxable Income.—

No grant made pursuant to this division shall be treated as taxable income for purposes of the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.).

(c)Availability.—

The Secretary shall make funding available to individual States and the National Trust as soon as practicable after execution of a grant agreement. For purposes of administration, grants to individual States and the National Trust each shall be deemed to be one grant and shall be administered by the Service as one grant.

Source credit: (Pub. L. 113–287, § 3, Dec. 19, 2014, 128 Stat. 3202.)

history & why it existsrecord from the source credit
  • 2014Enacted · Pub. L. 113-287 · 128 Stat. 3202

A history note hasn’t been published yet. The record shows enactment by Pub. L. 113-287 on 2014-12-19.

all 0 arguments · sorted by: best

0/280

no arguments yet — make the first case