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20 U.S.C. § 3988 — Payments; Federal share; limitation

submitted 42 years ago by Pub. L. 98-377 to r/title-20-EDUCATION · 104 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules about Payments; Federal share; limitation. It states the specific requirements, rights, duties, and limits that apply to this subject.

(a) Federal and non-Federal shares
(1) The Secretary must pay, to each applicant having an application approved under section 3987 of this title , the Federal share of the cost of the program described in the application.
(2) The Federal share for each fiscal year must be 50 per centum.
(3) The non-Federal share of payments under this part may be in cash or in kind, fairly evaluated, including plant, equipment, or services.
(b) Fiscal year State limitation Not more than 15 per centum of the funds appropriated under this part in any fiscal year may be paid to applicants in any single State.

the actual law source: uscode.house.gov ↗public domain
(a) Federal and non-Federal shares
(1)

The Secretary shall pay, to each applicant having an application approved under section 3987 of this title, the Federal share of the cost of the program described in the application.

(2)

The Federal share for each fiscal year shall be 50 per centum.

(3)

The non-Federal share of payments under this part may be in cash or in kind, fairly evaluated, including plant, equipment, or services.

(b) Fiscal year State limitation

Not more than 15 per centum of the funds appropriated under this part in any fiscal year may be paid to applicants in any single State.

Source credit: (Pub. L. 98–377, title III, § 309, Aug. 11, 1984, 98 Stat. 1286; Pub. L. 99–159, title II, § 231, Nov. 22, 1985, 99 Stat. 900; Pub. L. 100–418, title VI, § 6031(b)(2), Aug. 23, 1988, 102 Stat. 1483.)

history & why it existsrecord from the source credit
  • 1984Enacted · Pub. L. 98-377 · 98 Stat. 1286
  • 1985Amended · Pub. L. 99-159 · 99 Stat. 900
  • 1988Amended · Pub. L. 100-418 · 102 Stat. 1483

A history note hasn’t been published yet. The record shows enactment by Pub. L. 98-377 on 1984-08-11.

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