31 U.S.C. § 6706 — Income gap multiplier

submitted 32 years ago by Pub. L. 103-322 to r/title-31-MONEY-AND-FINANCE · 56 words · no verdicts yet

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For purposes of determining the income gap of a unit of general local government under section 6705(b)(4)(A),1 the number which applies is—

(1)

1.6, with respect to ½ of any amount allocated under section 6704 to the State in which the unit is located; and

(2)

1.2, with respect to the remainder of such amount.

Source credit: (Added Pub. L. 103–322, title III, § 301001(a), Sept. 13, 1994, 108 stat. 1871.)

history & why it existsrecord from the source credit

A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-322 on 1994-09-13.

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