42 U.S.C. § 1397n–12 — Definitions
submitted 91 years ago by Pub. L. 115-123 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 213 words · no verdicts yet
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In this division:
The term “intervention” means a specific service delivered to achieve an impact through a social impact partnership project*.
The term “Secretary” means the Secretary of the Treasury.
The term “social impact partnership project” means a project that finances social services using a social impact partnership model.
The term “social impact partnership model” means a method of financing social services in which—
Federal funds are awarded to a State or local government only if a State or local government achieves certain outcomes agreed on by the State or local government and the Secretary; and
the State or local government coordinates with service providers, investors (if applicable to the project), and (if necessary) an intermediary to identify—
an intervention expected to produce the outcome;
a service provider to deliver the intervention to the target population; and
investors to fund the delivery of the intervention.
The term “State” means each State of the United States*, the District of Columbia, each commonwealth, territory or possession of the United States, and each federally recognized Indian tribe.
Source credit: (Aug. 14, 1935, ch. 531, title XX, § 2063, as added Pub. L. 115–123, div. E, title VIII, § 50802(2), Feb. 9, 2018, 132 Stat. 282.)
- 1935Enacted · Pub. L. 115-123 · 132 Stat. 282
A history note hasn’t been published yet. The record shows enactment by Pub. L. 115-123 on 1935-08-14.
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